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OTHER CURRENT ASSETS (Tables)

6 Months Ended

Jun. 30, 2012

Notes to Financial Statements

Schedule of Other Current Assets

		June 30, 2012				December 31, 2011
Deposits with vendors (Note 15)		$	400,656			$	300,503
Prepaid consulting			395,810				95,962
Prepaid insurance			69,027				52,611
Prepaid guaranty costs			32,320				46,984
Other prepaid costs			1,997				-0-
TOTAL OTHER CURRENT ASSETS		$	899,810			$	496,060

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Tabular disclosure of the carrying amounts of other current assets.

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