Trademark and licensing agreements

12 Months Ended

Dec. 31, 2011

Trademark and licensing agreements

4.         Trademark and licensing agreements:

On March 7, 2002, the Company purchased the rights to the trademarks Brooklyn Cheesecake Company, Inc. and Brooklyn Cheesecake & Desserts Company, Inc. and the related corporate logo in exchange for 300,000 shares of the Company's common stock, valued on the purchase date at $90,000. The trademarks rights are being amortized on the straight-line basis over a fifteen-year term. Amortization expense was $6,000 and $6,000, respectively, for the years ended December 31, 2011 and 2010.

On March 28, 2006, the Company entered into a licensing agreement with its former Chairman and CEO, whereby a one percent of sales fee would be charged for the use of the Brooklyn Cheesecake and Desserts Company, Inc. trademark.

	2011		2010
Tradename	$	90,000	$	90,000
Accumulated Amortization		58,875		52,875
Tradename, Net	$	31,125	$	37,125

The following is a schedule of future amortizations on the trade name:

Years Ended December 31,
2012		6,000
2013		6,000
2014		6,000
2015		6,000
2016		6,000
Thereafter		1,125
	$	31,125