ACCOUNTS RECEIVABLE - Note 5

3 Months Ended

Mar. 31, 2013

Notes to Financial Statements

ACCOUNTS RECEIVABLE - Note 5

NOTE 5 - ACCOUNTS RECEIVABLE

As of March 31, 2013 and December 31, 2012, the Company's accounts receivable consisted of the following:

	March 31,		December 31,
	2013		2012
	(Unaudited)
Accounts receivable	$	3,402,407	$	4,032,656
less: Allowance for doubtful accounts		(835,457)		(786,409)
Accountants receivable, net	$	2,566,950	$	3,246,247