Accounts Receivable

6 Months Ended

Jun. 30, 2012

Notes to Financial Statements

Note 3. Accounts Receivable

	June 30, 2012			December 31, 2011
Accounts receivable	$	2,368,600		$	2,345,211
Allowances for doubtful accounts		(13,177	)		(13,192	)
	$	2,355,423		$	2,332,019

The Company has pledged $233,165 of the above listed accounts receivable as collateral for the Flexible Solutions Ltd. loan from AFSC (see Note 9b).