PREPAID EXPENSES

12 Months Ended

Dec. 31, 2012

PrepaidExpensesAbstract

Prepaid Expenses [Text Block]

NOTE 7 - PREPAID EXPENSES

Prepaid expenses consisted of the following at December 31, 2012 and 2011:

	December 31, 2012		December 31, 2011
Prepaid professional fees and salaries		—	$	93,600
Prepaid services	$	50,759	$	50,644
Prepaid taxes	$	86,439	$	158,046
Prepaid rent	$	39,065	$	33,854
Total prepaid expenses	$	176,263	$	336,144