Intangible Assets

3 Months Ended

Mar. 31, 2012

Intangible Assets [Abstract]

Intangible Assets

Note 3 – INTANGIBLE ASSETS

Intangible assets, and the related accumulated amortization, consist of the following:

	March 31, 2012				March 31, 2011				December 31, 2011
	Cost		Accumulated Amortization		Cost		Accumulated Amortization		Cost		Accumulated Amortization
Recipes	$	43,600	$	43,600	$	43,600	$	43,600	$	43,600	$	43,600
Customer lists and other customer related intangibles		4,504,200		1,666,438		4,504,200		1,166,160		4,504,200		1,546,671
Lease acquisition		87,200		87,200		87,200		81,750		87,200		87,200
Customer relationship		985,000		465,135		985,000		383,056		985,000		444,618
Trade names		2,248,000		766,068		2,248,000		621,100		2,248,000		728,601
Formula		438,000		248,200		438,000		204,400		438,000		237,250
	$	8,306,000	$	3,276,645	$	8,306,000	$	2,500,066	$	8,306,000	$	3,087,940

Amortization expense is expected to be approximately the following for the 12 months ending March 31:

2013	$	743,954
2014		711,367
2015		711,367
2016		711,367
2017		682,167
Thereafter		1,469,133
	$	5,029,355

Amortization expense during the three months ended March 31, 2012 and 2011 was $188,705 and 195,959, respectively.