RELATED PARTY TRANSACTIONS AND AMOUNTS OWING (Tables)

3 Months Ended

Mar. 31, 2013

Related Party Transactions And Amounts Owing Tables

Contingent Consideration to Director

Through March 31, 2013, payments, net of refunds, made to Director totaled $984,638.  At March 31, 2013 and December 31, 2012, contingent consideration payable to Director is $1,015,362 and $1,015,362, respectively, as follows:

	As of March 31, 2013		As of December 31, 2012
Contingent consideration due	$	2,000,000	$	2,000,000
Less payments, net of refunds, to Director		984,638		984,938
	$	1,015,362	$	1,015,362