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OTHER ASSETS (Tables)
9 Months Ended
Sep. 30, 2012
Other Assets Tables  
Schedule of Other Assets

 

Prepaid expenses consist of the following:
 
   
September 30, 2012
   
December 31, 2011
 
Prepaid consulting
  $ 1,048,952     $ 71,689  
Prepaid guaranty costs
    -0-       8,826  
TOTAL OTHER ASSETS
  $ 1,048,952     $ 80,515