• Filing Date: 2013-04-12
  • Form Type: 10-K
  • Description: Annual report
v2.4.0.6
SIGNIFICANT ACCOUNTING POLICIES (Details) (USD $)
Dec. 31, 2012
Dec. 31, 2011
Allowance for doubtful accounts on accounts receivable $ 234,727 $ 0
Allowance for doubtful interest receivable 548,048 413,048
Allowance for doubtful related party interest receivable 35,899 0
Allowance for obsolete and slow moving inventory 82,410 6,764
Cost of Furniture and fixtures, computer equipment and a phone system written off as obsolete 69,425  
Fixed assets invested in the Company websites 16,430  
Depreciation on Fixed assets invested in the Company websites $ 16,430