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7. Prepaid Expenses and Other Current Assets
9 Months Ended
Sep. 30, 2012
Notes  
7. Prepaid Expenses and Other Current Assets

7.         PREPAID EXPENSES AND OTHER CURRENT ASSETS

 

Prepaid expenses and other current assets consist of the following:

 

 

September 30, 2012

 

December 31, 2011

Prepaid insurance

$  6,585

 

$  25,283

Travel and commission advances

0

 

35,500

Prepaid legal fees

73,502

 

0

Other

23,325

 

9,485

Prepaid expenses and other current assets

$  103,412

 

$  70,268

 

In the quarter ended June 30, 2012, the Company issued 120,000 shares to prepay $100,000 in legal fees.  At September 30, 2012, expenses of ($26,498 ) offset this prepayment and a prepayment of $73,502 remains.