Intangible Assets

6 Months Ended

Jun. 30, 2013

Note 3 – INTANGIBLE ASSETS

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


	June 30, 2013				June 30, 2012				December 31, 2012
	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		2,249,544		4,504,200		1,786,212		4,504,200		2,025,736
Lease acquisition		87,200		87,200		87,200		87,200		87,200		87,200
Customer relationship		985,000		561,743		985,000		485,652		985,000		526,701
Trade names		2,248,000		953,402		2,248,000		803,535		2,248,000		878,469
Formula		438,000		302,950		438,000		259,150		438,000		281,050
	$	8,306,000	$	4,198,439	$	8,306,000	$	3,465,349	$	8,306,000	$	3,842,756

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, 2013 and 2012 was $355,683 and $377,409, respectively.

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