ACCOUNTS RECEIVABLE

9 Months Ended

Sep. 30, 2011

ACCOUNTS RECEIVABLE

ACCOUNTS RECEIVABLE – Accounts receivable have been adjusted for all known uncollectible accounts.  An allowance for possible bad debts was established at September 30, 2011 and December 31, 2010 in the amount of $ 85,475 and $47,475 respectively.  Management reviews accounts receivable on a regular basis, based on contracted terms and how recently payments have been received, to determine if any such amounts will potentially be uncollected.  After all attempts to collect a receivable have failed, the receivable is written off.