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Inventory
12 Months Ended
Dec. 31, 2011
Inventory  
Inventory Disclosure [Text Block]

Note 11 - Inventory

 

Inventory consists of the following at December 31:

 

2011

 

2010

 

 

 

 

Finished goods

$                               -

 

$                 335,084

Raw materials

-

 

273,039

 

                             -

 

608,123

Less: Inventory reserve

-

 

(34,986)

Total

$                              -

 

$                557,137

 

There was no reserve for slow moving and obsolete inventory as cost of goods sold in both of 2011 and 2010. Overhead allocated to the inventory amounted to$0 and $73,219 for the years ended December 31, 2011 and 2010, respectively.