Quarterly report pursuant to Section 13 or 15(d)

PREPAID AND OTHER CURRENT ASSETS (Tables)

v2.4.0.8
PREPAID AND OTHER CURRENT ASSETS (Tables)
6 Months Ended
Jun. 30, 2014
Prepaid Expense and Other Assets, Current [Abstract]  
Summary of prepaid and other current assets
Prepaid and other current assets consist of the following at:
 
 
 
June 30,
2014
 
December
31,
2013
 
Prepaid consulting fees
 
$
—
 
$
23,493
 
Prepaid compensation
 
 
154,363
 
 
256,171
 
Short term storage, utility and other deposits
 
 
135,253
 
 
42,187
 
Prepaid software application
 
 
120,000
 
 
—
 
Sundry prepaid expenses and other current assets
 
 
108,556
 
 
75,829
 
Subtotal
 
 
518,172
 
 
397,680
 
Less: non-current portion
 
 
(181,711)
 
 
(126,005)
 
Prepaid and other current assets
 
$
336,461
 
$
271,675