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OTHER CURRENT LIABILITIES
9 Months Ended
Sep. 30, 2012
Other Current Liabilities  
OTHER CURRENT LIABILITIES

 

NOTE 8 – OTHER CURRENT LIABILITIES

Other current liabilities consist of the following:
 
   
September 30, 2012
   
December 31, 2011
 
Accrued payroll and commission
  $ 197,483     $ 295,915  
Accrued vacation
    96,124       68,438  
Other accrued expenses
    93,412       60,035  
Dividends payable(1)
    41,359       41,359  
TOTAL OTHER CURRENT LIABILITIES
  $ 428,378     $ 465,747  
                 
______________                 
(1) In June 2008, the Company declared and paid a special dividend of $0.40 per share of common stock to all shareholders of record as of June 10, 2008.  This amount reflects moneys remaining unclaimed by certain shareholders.