Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)

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CONDENSED CONSOLIDATED BALANCE SHEETS (USD $) (USD $)
Jun. 30, 2012
Dec. 31, 2011
ASSETS    
Cash and cash equivalents $ 745,626 $ 961,091
Restricted cash on deposit 91,000 91,000
Accounts receivable, net 1,410,807 1,306,011
Inventories 672,822 322,210
Prepaid expenses 131,626 157,665
Total current assets 3,051,881 2,837,977
Property and equipment, net 32,836 11,953
Goodwill 8,570,446 8,570,446
Intangible assets, net 1,621,137 1,741,977
Deposits 34,238 34,238
Total other assets 10,225,821 10,346,661
Total Assets 13,310,538 13,196,591
LIABILITIES AND STOCKHOLDERS' EQUITY    
Accounts payable 1,421,934 1,248,386
Accrued liabilities and expenses 2,448,248 2,176,208
Notes payable - current 48,993 111,405
Deferred revenues 106,772 55,529
Customer deposits 77,055 21,364
Total current liabilities 4,103,002 3,612,892
Deferred lease liability 129,318 118,636
Notes payable - long term 863,921 853,795
Total long-term liabilities 993,239 972,431
15,000,000 shares authorized, par value $.001 per share      
Total redeemable preferred stock 2,782,817 2,367,951
Commitments and contingencies      
Stockholders' Equity    
Common stock, par value $.001 per share; 190,000,000 shares authorized; 104,781,228 and 104,349,507 shares issued and outstanding at June 30, 2012 and December 31, 2011, respectively 104,783 104,352
Additional paid-in-capital 124,242,533 124,483,161
Accumulated deficit (118,915,836) (118,344,196)
Total stockholders' equity 5,431,480 6,243,317
Total Liabilities and Stockholders' Equity 13,310,538 13,196,591
SeriesAPreferredStockMember
    
LIABILITIES AND STOCKHOLDERS' EQUITY    
Preferred stock issued value 969,501 892,995
SeriesBPreferredStockMember
    
LIABILITIES AND STOCKHOLDERS' EQUITY    
Preferred stock issued value $ 1,813,316 $ 1,474,956