Note 13 - Sendio, Sro Insolvency: assets and liabilities of Sendio that are subject to the insolvency proceedings (Tables)

12 Months Ended

Dec. 31, 2012

Tables/Schedules

assets and liabilities of Sendio that are subject to the insolvency proceedings

		December 31,		December 31,
		2012		2011
Current assets:
Cash	$	-	$	8,774
Tax refund receivable		-		57,089
Prepaid expenses and other receivables		-		10,657
		-		76,520
Current liabilities:
Accounts payable	$	189,089	$	273,337
Accrued payroll		357,052		373,349
Capital lease obligation, current portion		9,313		5,624
Total current liabilities of Sendio		555,454		652,310
Non-current liabilities of Sendio:
Capital lease obligation, net of current portion		-		4,114
Total liabilities of Sendio	$	555,454	$	656,424