Quarterly report pursuant to Section 13 or 15(d)

Commitments and Contingencies (Tables)

Commitments and Contingencies (Tables)

9 Months Ended

Sep. 30, 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		$	46,240
2014			42,854
2015			10,011
2015			-
Thereafter			-
		$	99,105