Intangible Assets

6 Months Ended

Jun. 30, 2011

Note 4 – INTANGIBLE ASSETS

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

	June 30, 2011				June 30, 2010				December 31, 2010
	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		1,292,997		4,305,200		803,744		4,504,200		1,039,323
Lease acquisition		87,200		83,559		87,200		73,707		87,200		79,941
Customer relationship		985,000		403,586		985,000		321,490		985,000		362,526
Trade names		2,248,000		656,931		1,980,000		517,000		2,248,000		585,267
Formula		438,000		215,350		438,000		171,550		438,000		193,450
	$	8,306,000	$	2,696,023	$	7,839,000	$	1,931,091	$	8,306,000	$	2,304,107

Amortization expense is expected to be as follows for the 12 months ending June 30:

2012	$	780,200
2013		722,217
2014		711,367
2015		711,367
2016		711,367
Thereafter		1,973,459
	$	5,609,977

Amortization expense during the six months ended June 30, 2011 and 2010 and the year ended December 31, 2010 was $391,916, $351,521 and $724,537, respectively.

- Definition

The entire disclosure for all or part of the information related to intangible assets.

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