SUPPLEMENTAL CASH FLOW INFORMATION

12 Months Ended

Dec. 31, 2011

SUPPLEMENTAL CASH FLOW INFORMATION [Abstract]

NOTE 13 – SUPPLEMENTAL CASH FLOW INFORMATION

	Year Ended December 31,
	2011		2010
Cash paid during the year for:
Interest	$	4,156	$	5,374
Income taxes	$	-	$	-


Non-cash investing and financing activities:

Series A preferred stock dividends	$	166,042	$	207,221
Conversion of Series A preferred stock	$	-	$	11,478

- Definition

The entire disclosure for supplemental cash flow activities, including cash, noncash, and part noncash transactions, for the period. Noncash is defined as information about all investing and financing activities of an enterprise during a period that affect recognized assets or liabilities but that do not result in cash receipts or cash payments in the period. "Part noncash" refers to that portion of the transaction not resulting in cash receipts or cash payments in the period.

+ References+ Details