RELATED PARTY ACCOUNTS RECEIVABLE AND ACCRUED INTEREST PAYABLE

12 Months Ended

Dec. 31, 2012

Related Party Transactions [Abstract]

Related Party Transactions Disclosure [Text Block]

NOTE 12. - RELATED PARTY ACCOUNTS RECEIVABLE AND ACCRUED INTEREST PAYABLE

Accrued Interest Payable – Included in accrued interest payable is accrued interest payable to related parties of $317,287 at December 31, 2012 ($281,433 - 2011).

Accounts Receivable – Certain officers or directors of the Company have made loans to a customer of the Company and can influence the management of this company. Included in accounts receivable are amounts due from this related party of $71,302 at December 31, 2012 ($0 - 2011).