4. PREPAID EXPENSES AND OTHER CURRENT ASSETS

12 Months Ended

Dec. 31, 2011

Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Table Text Block]

4. PREPAID EXPENSES AND OTHER CURRENT ASSETS

Prepaid expenses and other current assets are summarized as follows:

	December 31, 2011		December 31, 2010
Prepaid Investment Advisory Services	$	27,401	$	-
Prepaid Insurance		16,460		18,648
Prepaid Other		-		11,404
Total prepaid expenses and other current assets	$	43,861	$	30,052