MANAGEMENT'S PLAN

12 Months Ended

Dec. 31, 2012

Management Plan Disclosure [Abstract]

MANAGEMENT'S PLAN

2.  MANAGEMENT’S PLAN

The accompanying financial statements have been prepared in conformity with accounting principles generally accepted in the United States of America, which contemplates continuation of the Company as a going concern.

The Company incurred a net loss of $1,776,045 in 2012 which increased the accumulated deficit to $14,450,239 at December 31, 2012.  Although there was a loss in 2012, the audit report did not contain a qualified opinion or modification regarding the Company’s ability to continue as a going concern. Management believes that the divestiture of Illume Mobile and the resulting return to cash-flow positive operations in the fourth quarter of 2012, the improvement in its financial ratios and the cash balance at year end has removed prior years’ substantial doubt of continuing operations. The Company expects to generate sufficient working capital through operations to support its requirements without additional debt or equity financing.