Quarterly report pursuant to Section 13 or 15(d)

Commitments and Contingencies (Tables)

v2.4.0.6
Commitments and Contingencies (Tables)
 6 Months Ended
Jun. 30, 2012
Commitments And Contingencies Tables  
Future minimum maintenance fee payments

Future minimum maintenance fee payments are as follows:

 

Twelve months ended June 30,      
2012   $ 250,000  
2013     200,000  
2014     200,000  
2015     200,000  
2016     200,000  
Thereafter     1,600,000  
    $ 2,650,000  

 
Future minimum lease payments under these non-cancelable leases

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

 

Twelve months ended June 30,      
2012   $ 46,136  
2013     46,550  
2014     17,918  
2015     -  
Thereafter     -  
    $ 110,604