Commitments

6 Months Ended

Jun. 30, 2011

Notes to Financial Statements

Commitments

14. Commitments.

The Company is committed to minimum rental payments for property and premises aggregating approximately $291,101 over the term of three leases, the last expiring on July 31, 2014.

Commitments in each of the next four years are approximately as follows:

2011	80,472
2012	78,974
2013	82,178
2014	49,477