ACCOUNTS PAYABLE AND ACCRUED LIABILITIES

3 Months Ended

Mar. 31, 2012

Payables and Accruals [Abstract]

Accounts Payable and Accrued Liabilities Disclosure [Text Block]

8. ACCOUNTS PAYABLE AND ACCRUED LIABILITIES

Accounts payable and accrued liabilities of $511,568 at March 31, 2012, consists of $218,876 accounts payable trade, $65,896 accrued payroll and related fringe benefits, $117,789 accrued payroll taxes and withholding, $39,527 accrued real estate taxes, $53,083 accrued interest, $15,000 accrued non-employee Board of Director Fees, and $1,397 other accrued liabilities. Accrued payroll taxes and withholding were approximately nine months in arrears at March 31, 2012. Balances due certain vendors are also due in arrears to varying degrees. The Company is handling all delinquent accounts on a case by case basis. ee Note 21. SUBSEQUENT EVENTS for discussion regarding notice of Forbearance Agreement default.

Accounts payable and accrued liabilities of $635,378 at December 31, 2011, consists of $252,820 accounts payable trade, $60,574 balance of legal expense that was a Company expense prior to the reverse merger with Trebor Industries, Inc., $96,643 accrued payroll and related fringe benefits, $132,698 accrued payroll taxes and withholding, $35,417 accrued real estate taxes, $49,992 accrued interest, and $7,234 other accrued liabilities. Accrued payroll taxes and withholding were approximately nine months in arrears at December 31, 2011. Balances due certain vendors are also due in arrears to varying degrees.