7. Long-Term Debt (Tables)

9 Months Ended

Sep. 30, 2013

Notes to Financial Statements

Schedule of Long-Term Debt

Long-term debt consists of:

	September 30, 2013						December 31, 2012
			Less						Less
	Total		Current		Long-Term		Total		Current		Long-Term
	Debt		Maturities		Debt		Debt		Maturities		Debt
	(unaudited)
Notes payable	$	747,000	$	747,000	$	-	$	747,000	$	-	$	747,000
Bank line of credit		210,000		210,000		-		450,000		450,000		-
	$	957,000	$	957,000	$	-	$	1,197,000	$	450,000	$	747,000

Schedule of Related Party Balances

Related party balances as of September 30, 2013 and December 31, 2012, under the 2009/2010 Notes are as follows:

Barry Goldstein IRA (Mr. Goldstein is Chairman of the Board, President
and Chief Executive Officer, and principal stockholder of the Company)	$	90,000
Jay Haft, a director of the Company		30,000
A member of the family of Michael Feinsod, a director of the Company		60,000
Mr. Yedid and members of his family		156,000
A member of the family of Floyd Tupper, a director of KICO		42,000
Total related party transactions	$	378,000