Annual report pursuant to Section 13 and 15(d)

Commitments and Contingencies (Tables)

v2.4.0.6
Commitments and Contingencies (Tables)
 12 Months Ended
Dec. 31, 2012
Commitments And Contingencies Tables  
Future minimum maintenance fee payments

Future minimum maintenance fee payments are as follows:

 

2013   $ 200,000  
2014     200,000  
2015     200,000  
2016     200,000  
2017     200,000  
Thereafter     1,600,000  
    $ 2,600,000  

 
Future minimum lease payments under these non-cancelable leases

Future minimum lease payments under these non-cancelable leases are approximately as follows:

 

2013   $ 51,379  
2014     37,257  
2015     4,004  
2016     -  
Thereafter     -  
    $ 92,640