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OTHER CURRENT ASSETS (Tables)

12 Months Ended

Dec. 31, 2012

Other Current Assets Tables

Schedule of Other Current Assets

Other current assets consist of the following:

		December 31,
		2012				2011
Prepaid consulting		$	432,216			$	95,962
Deposits with vendors			189,375				300,503
Prepaid insurance			127,403				52,611
Prepaid guaranty costs			2,944				46,984
TOTAL OTHER CURRENT ASSETS		$	751,938			$	496,060

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Tabular disclosure of the carrying amounts of other current assets.

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