Note 16 - Related Party Transactions

12 Months Ended

Dec. 31, 2012

Related Party Transactions Disclosure [Text Block]

Note 16—Related Party Transactions

Alonso Ancira serves on our Board of Directors as a non-employee director.  Mr. Ancira also serves on the Board of Directors of the Organization, is the Chairman of the Board of Directors of MATT Inc., a principal stockholder of the Company and is the Chairman of the Board of Directors of AHMSA, which owns MATT Inc. We have participated in several significant transactions with MATT Inc., the Organization and AHMSA.  See Note 9 – Notes and Loans Payable, Note 11 – Convertible Preferred Stock, and Note 14 – Warrants.  These relationships do not qualify as related parties for accounting purposes under GAAP.

We earned approximately $0, $ 2 million, and $4.5 million of DSM revenue and $0, $70,000, and $1.2 million of website development revenue for the years ended December 31, 2012, 2011 and 2010, respectively, from AHMSA and MATT Inc.  We earned $6 million of Social Theater revenue for the year ended December 31, 2012 from MATT Inc. At December 31, 2012 and December 31, 2011, approximately $6.0 million and $2 million respectively of our combined accounts receivable were from AHMSA and MATT Inc. John Abbott, the Company’s Chief Executive Officer and Chairman of the Board, has been a financial advisor to AHMSA.  In connection with providing these services, AHMSA has been paying Mr. Abbott $30,000 per month.