Note 9 - Recurring Fair Value Measurements (Tables)

12 Months Ended

Dec. 31, 2012

Notes to Financial Statements

Recurring Fair Value Measurements of liability

			Quoted
			Prices
			In
			Active
			Markets		Significant
			for		Other		Significant
			Identical		Observable		Unobservable
	Fair Value at		Assets		Inputs		Inputs
	December 31, 2012		( Level 1)		( Level 2)		( Level 3)
Liabilities
Derivative liabilities	$	57,634					$	57,634
Contingent consideration		–						–
Total Liabilities	$	57,634		–		–	$	57,634

	Fair Value at
	December 31, 2011
Liabilities
Derivative liabilities	$	96,367			$	96,367
Contingent Consideration		77,700				77,700
Total Liabilities	$	174,067	–	–	$	174,067

Fair value of recurring fair value measurements using significant unobservable inputs

The fair value Changes in the fair value of recurring fair value measurements using significant unobservable inputs (Level 3), relate solely to our contingent consideration liability, as follows:

Balance as of January 1, 2011	$	–
Contingent consideration liability recorded		(167,300	)
Fair value adjustments		89,600
Balance as of December 31, 2011	$	(77,700	)
Fair value adjustments		77,700
Balance as of December 31, 2012		–