Note 4 - Other Receivables

9 Months Ended

Sep. 30, 2013

Notes

Note 4 - Other Receivables

NOTE 4 – OTHER RECEIVABLES

Other receivables are primarily comprised of advances to other entities with which we have a strategic or other business relationship, and deferred expenses.  The amounts advanced to our strategic partners are unsecured, repayable on demand, and bear no interest. We also advance money to employees for business trips which are then subsequently expensed upon processing of an expense report. The components of other receivables at September 30, 2013 and December 31, 2012 were as follows:

	September 30, 2013	December 31, 2012
Advances receivable	$     693,499	$     467,207
Deferred expenses	20,650	58,383
Other	57,036	19,930
	771,185	545,520
Less: allowance for doubtful accounts	(428,150)	(196,427)
Other Receivables, net	$     343,035	$     349,093