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OTHER CURRENT ASSETS
 3 Months Ended
Mar. 31, 2013
Other Current Assets  
OTHER CURRENT ASSETS

NOTE 4 – OTHER CURRENT ASSETS

 

Other current assets consist of the following:

    March 31, 2013     December 31, 2012  
Deferred financing costs   $ 1,447,969     $ —  
Prepaid consulting     410,042       432,216  
Deposits with vendors     232,752       189,375  
Prepaid insurance     81,760       127,403  
Prepaid guaranty costs     —       2,944  
Other prepaid costs     2,997       —  
     TOTAL OTHER CURRENT ASSETS   $ 2,175,520     $ 751,938