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OTHER CURRENT ASSETS
12 Months Ended
Dec. 31, 2012
Other Current Assets  
OTHER CURRENT ASSETS

NOTE 5 – OTHER CURRENT ASSETS

 

Other current assets consist of the following:

 

   December 31, 
   2012   2011 
Prepaid consulting  $432,216   $95,962 
Deposits with vendors   189,375    300,503 
Prepaid insurance   127,403    52,611 
Prepaid guaranty costs   2,944    46,984 
TOTAL OTHER CURRENT ASSETS  $751,938   $496,060