Quarterly report pursuant to sections 13 or 15(d)

ACCRUED EXPENSES AND TAXES

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ACCRUED EXPENSES AND TAXES
9 Months Ended
Sep. 30, 2012
Notes to Financial Statements  
ACCRUED EXPENSES AND TAXES

 

Accrued expenses and taxes consisted of the following as of:

 

    September 30, 2012   December 31, 2011
Accrued expenses and taxes   $ 355,278     $ 106,539  
Wages and related costs     108,537       124,821  
Accrued legal settlement     17,500       127,500  
    $ 481,315     $ 358,860