KORU Medical Systems Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Cover
- Document and Entity Information
Financial Statements
Notes to Financial Statements
Accounting Policies
- NATURE OF OPERATIONS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)
Notes Tables
- PROPERTY AND EQUIPMENT (Tables)
- STOCK-BASED COMPENSATION (Tables)
Notes Details

RELATED PARTY TRANSACTIONS (Details Narrative)

v3.6.0.2

RELATED PARTY TRANSACTIONS (Details Narrative) - USD ($)					3 Months Ended		9 Months Ended
	Jun. 24, 2016	Jan. 01, 2016	Oct. 21, 2015	Dec. 20, 2013	Nov. 30, 2016	Nov. 30, 2015	Nov. 30, 2016	Nov. 30, 2015
Mr. Andrew I. Sealfon [Member] \| Lease Agreement [Member] \| Aircraft [Member]
Lease payments					$ 5,375	$ 5,375	$ 16,125	$ 16,125
Mr. Mark Pastreich [Member] \| Lease Agreement [Member] \| Building [Member]
Monthly lease payments					11,042		11,042
Lease payments					33,126		$ 99,378
Description of lease terms							Seventeen of a twenty-year lease.
Clinical Research & Support Services Consulting Agreement [Member] \| Dr. Paul Mark Baker [Member]
Amortization of deferred compensation cost					7,000	$ 7,000	$ 21,000	$ 21,000
Clinical Research & Support Services Consulting Agreement [Member] \| FREEDOM60 Syringe Infusion System [Member] \| Dr. Paul Mark Baker [Member]
Number of shares issued upon agreement				420,000
Share price (in dollars per share)				$ 0.20
Agreement term				3 years
Consulting Agreement [Member] \| Mr. Cyril Narishkin [Member]
Monthly payment for agreement		$ 16,000	$ 16,000
Description of payment terms		Seventy-five percent was to be paid in cash and twenty-five percent was to be paid in shares of common stock.	Half was to be paid in cash and half was to be paid in shares of common stock.
Consulting Agreement [Member] \| Mr. Cyril Narishkin (Consultant) [Member]
Monthly payment for agreement	$ 16,000
Officer compensation					$ 48,000		$ 198,000
Number of shares repurchased							96,542
Value of shares repurchased							$ 43,393

- Definition

Period of time between clinical research and support consulting agreement in PnYnMnDTnHnMnS' format, for example,'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days.

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