RELATED PARTIES

6 Months Ended

Jun. 30, 2012

Related Party Transactions [Abstract]

RELATED PARTIES

The following table summarizes amounts due to related parties at June 30, 2012 and December 31, 2011:

	June 30, 2012		December 31, 2011
Purchase of business unit	$	211,625	$	202,372
Computer hosting services		376,925		456,734
Office rent		887,727		865,601
Other		17,276		17,276
Loan		690,674		658,224
Lead generation services		904,933		860,977
Due to Management		3,243,216		2,915,675
	$	6,332,376	$	5,976,859

As a matter of policy, all related party transactions are subject to review and approval by the Company’s Board of Directors. All repayments of amounts due to related parties must be approved by our Board of Directors.  Repayments are subject to our company having sufficient cash on hand and are intended not to impair continuing business operations. All amounts due to related parties have been classified as non-current liabilities as we do not expect to make any repayments within a year of the June 30, 2012 balance sheet date.  Our related party creditors have agreed to these repayment terms.