Intangible Assets

6 Months Ended

Jun. 30, 2012

Note 3 – INTANGIBLE ASSETS

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


	June 30, 2012				June 30, 2011				December 31, 2011
	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		1,786,212		4,504,200		1,292,997		4,504,200		1,546,671
Lease acquisition		87,200		87,200		87,200		83,559		87,200		87,200
Customer relationship		985,000		485,652		985,000		403,586		985,000		444,618
Trade names		2,248,000		803,535		2,248,000		656,931		2,248,000		728,601
Formula		438,000		259,150		438,000		215,350		438,000		237,250
	$	8,306,000	$	3,465,349	$	8,306,000	$	2,696,023	$	8,306,000	$	3,087,940

Amortization expense is expected to be approximately the following for the 12 months ending June 30:

Amortization expense during the six months ended June 30, 2012 and 2011 was $377,409 and $391,916, respectively.

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