Quarterly report pursuant to Section 13 or 15(d)

Separation of Former CEO (Tables)

v2.4.0.6
Separation of Former CEO (Tables)
9 Months Ended
Sep. 30, 2012
Separation of Former CEO [Abstract]  
Schedule of Related Party Transactions

The following table summarizes accrued expenses as of September 30, 2012 and December 31, 2011, including employer payroll tax obligations, related to the provisions of Mr. Bupp's separation agreement:

 

    September 30,
2012
(unaudited)
    December 31,
2011
 
Separation   $ -     $ 180,074  
Pro-rated 2011 bonus     -       60,870  
Estimated continuing healthcare coverage     27,633       61,875  
    $ 27,633     $ 302,819