4. Trademark and licensing agreements

6 Months Ended

Jun. 30, 2014

Goodwill and Intangible Assets Disclosure [Abstract]

Trademark and licensing agreements

On March 7, 2002, the Company purchased the rights to the trademark Brooklyn Cheesecake Company, Inc. and Brooklyn Cheesecake and 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 trademark rights are being amortized on the straight-line basis over a fifteen-year term.  Amortization expense was $3,000 and $3,000 for the six months ending June 30, 2014 and 2013, respectively.

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 & Desserts Company, Inc. trademark. Licensing fees were $6,678 and $6,000 for the six months ended June 30, 2014 and 2013, respectively.

	June 30			December 31
	2014			2013
Trademark	$	90,000		$	90,000
Less: Accumulated Amortization		(73,875	)		(70,875	)
Trademark, Net	$	16,125		$	19,125

The following is a schedule of future amortization of the trademark:

2014		3,000
2015		6,000
2016		6,000
2017		1,125
	$	16,125