Quarterly report pursuant to Section 13 or 15(d)

NOTE E - ACCOUNTS RECEIVABLE

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NOTE E - ACCOUNTS RECEIVABLE
 6 Months Ended
Jun. 30, 2011
Loans, Notes, Trade and Other Receivables Disclosure [Text Block]
NOTE E – ACCOUNTS RECEIVABLE

Components of accounts receivable as of June 30, 2011 and December 31, 2010 are as follows:

   
June 30,
2011
   
December 31,
2010
 
Accounts receivable  
 
$
1,370,055
   
$
974,185
 
Allowance for doubtful accounts
   
(125,000
) 
   
(175,000
) 
Accounts receivable, net  
 
$
1,245,055
   
$
799,185