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Related Party Notes Payable
3 Months Ended
Mar. 31, 2012
Related Party Notes Payable [Abstract]  
Related Party Notes Payable [Text Block]
 
6.           Related Party Notes Payable
 
On March 26, 2009, the Company entered into a $50,000 revolving credit promissory note (the “Revolver”) with Vector Group Ltd. (“Vector”), a principal stockholder of the Company. The loan bears interest at 11% per annum and is due on December 31, 2012. On January 26, 2011, the Company and Vector entered into an amendment to the Revolver increasing the amount that the Company may borrow from $50,000 to $100,000.  As of March 31, 2012 and December 31, 2011, the balance due to Vector amounted to $73,500.  As of March 31, 2012 and December 31, 2011, accrued interest related to the Revolver amounted to $14,263, and $12,219, respectively.
 
Interest expense for other related party notes payable amounted to $2,044 for the three months ended March 31, 2012.