Intangible Assets

9 Months Ended

Sep. 30, 2012

Intangible Assets [Abstract]

Intangible Assets

Note 3 – INTANGIBLE ASSETS

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

	September 30, 2012				September 30, 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		1,914,395		4,504,200		1,419,834		4,504,200		1,546,671
Lease acquisition		87,200		87,200		87,200		85,368		87,200		87,200
Customer relationship		985,000		506,180		985,000		424,116		985,000		444,618
Trade names		2,248,000		841,002		2,248,000		692,763		2,248,000		728,601
Formula		438,000		270,100		438,000		226,300		438,000		237,250
	$	8,306,000	$	3,662,477	$	8,306,000	$	2,891,981	$	8,306,000	$	3,087,940

Amortization expense is expected to be approximately the following for the 12 months ending September 30:

2013	$	714,000
2014		711,000
2015		711,000
2016		704,000
2017		668,000
Thereafter		1,136,000
	$	4,644,000

Amortization expense during the nine months ended September 30, 2012 and 2011 was $574,538 and $587,874, respectively.