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4. Trademark and licensing agreements:
12 Months Ended
Dec. 31, 2012
Intangible Assets Disclosure [Text Block]
4. Trademark and licensing agreements:

On March 7, 2002, the Company purchased the rights to the trademarks Brooklyn Cheesecake Company, Inc. and Brooklyn Cheesecake & Desserts Company, Inc. and the related corporate logo in exchange for 300,000 shares of the Company’s common stock, valued on the purchase date at $90,000. The trademarks rights are being amortized on the straight-line basis over a fifteen-year term. Amortization expense was $6,000 and $6,000, respectively, for the years ended December 31, 2012 and 2011.


On March 28, 2006, the Company entered into a licensing agreement with its former Chairman and CEO, whereby a one percent of sales fee would be charged for the use of the Brooklyn Cheesecake and Desserts Company, Inc. trademark.


    2012     2011  
Tradename   $ 90,000     $ 90,000  
Accumulated Amortization     64,875       58,875  
Tradename, Net   $ 25,125     $ 31,125  

The following is a schedule of future amortizations on the trade name:


Years Ended December 31,      
       
2013     6,000  
2014     6,000  
2015     6,000  
2016     6,000  
Thereafter     1,125  
         
    $ 25,125