Quarterly report pursuant to sections 13 or 15(d)

ACCRUED EXPENSES AND TAXES

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ACCRUED EXPENSES AND TAXES
6 Months Ended
Jun. 30, 2012
Notes to Financial Statements  
ACCRUED EXPENSES AND TAXES

 

Accrued expenses and taxes consisted of the following as of:

 

    June 30, 2012   December 31, 2011
Accrued expenses and taxes   $ 230,200     $ 106,539  
Wages and related costs     103,923       124,821  
Accrued legal settlement     67,500       127,500  
    $ 401,623     $ 358,860