LOANS PAYABLE (Tables)

9 Months Ended

Sep. 30, 2012

LOANS PAYABLE

Future minimum payments under the Term Note, excluding interest

Future minimum payments under the Term Note, excluding interest, as of September 30, 2012 were as follows:

Periods ending September 30,

2013	$	50,538
2014		53,389
2015		41,932
		145,859
Less: current maturities		(50,538	)
	$	95,321