OTHER CURRENT ASSETS

3 Months Ended

Mar. 31, 2012

Other Current Assets

OTHER CURRENT ASSETS

NOTE D – OTHER CURRENT ASSETS

Other current assets consist of the following:

	March 31, 2012		December 31, 2011
Deposits with vendors	$	271,422	$	300,503
Prepaid consulting		92,501		95,962
Prepaid insurance		26,726		52,611
Prepaid guaranty costs		44,065		46,984
Other prepaid costs		2,996		-0-
TOTAL OTHER CURRENT ASSETS	$	437,710	$	496,060