Quarterly report pursuant to sections 13 or 15(d)

Prepaid Expenses

v2.3.0.15
Prepaid Expenses
 6 Months Ended
Jun. 30, 2011
Prepaid Expenses  
Prepaid Expenses

Note 4: Prepaid Expenses

 

Prepaid expenses consist of the following as of June 30, 2011 and December 31, 2010:

 

 

 

 

2011

 

2010

 

Prepaid marketing agreement

 

$

3,000

 

$

4,000

 

Prepaid IT system

 

15,466

 

7,292

 

Prepaid insurance

 

3,106

 

463

 

Prepaid legal

 

1,059

 

—

 

Prepaid trade show expense

 

42,869

 

8,583

 

Prepaid property taxes

 

—

 

3,718

 

Prepaid other

 

3,856

 

884

 

Total Prepaid Expenses

 

$

69,356

 

$

24,940