Intangible Assets

9 Months Ended

Sep. 30, 2011

Note 4 – INTANGIBLE ASSETS

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

	September 30, 2011				September 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 related intangibles
customer related intangibles		4,504,200		1,419,834		4,305,200		911,919		4,504,200		1,039,323
Lease acquisition		87,200		85,368		87,200		76,824		87,200		79,941
Customer relationship		985,000		424,116		985,000		342,008		985,000		362,526
Trade names		2,248,000		692,763		1,980,000		550,000		2,248,000		585,267
Formula		438,000		226,300		438,000		182,500		438,000		193,450
	$	8,306,000	$	2,891,981	$	7,839,000	$	2,106,851	$	8,306,000	$	2,304,107

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

2012	$	756,634
2013		711,366
2014		711,366
2015		711,366
2016		704,066
Thereafter		1,819,221
	$	5,414,091

Amortization expense during the nine months ended September 30, 2011 and 2010 and the year ended December 31, 2010 was $587,874, $527,281 and $724,537, respectively.