Annual report pursuant to section 13 and 15(d)

PREPAID EXPENSES

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PREPAID EXPENSES
12 Months Ended
Dec. 31, 2011
Notes to Financial Statements  
PREPAID EXPENSES

 

Prepaid expenses consist of the following as of December 31, 2011 and 2010:

 

  2011   2010
Marketing agreement $ 0     $ 4,000  
IT system   6,129       7,292  
Insurance   18,371       463  
Legal   7,500       0  
Trade show expense   13,557       8,583  
Property taxes   588       3,718  
Rent   10,360       0  
Other   1,145       884  
Total Prepaid Expenses $ 57,650     $ 24,940