Annual report pursuant to Section 13 and 15(d)

NOTE E - ACCOUNTS RECEIVABLE

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NOTE E - ACCOUNTS RECEIVABLE
12 Months Ended
Dec. 31, 2011
Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]
NOTE E – ACCOUNTS RECEIVABLE

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

   
2011
   
2010
 
Accounts receivable 
 
 $
1,421,411
     
974,185
 
Allowance for doubtful accounts
   
(115,400
)
   
(175,000
)
Accounts receivable, net
 
$
1,306,011
   
$
799,185