Quarterly report pursuant to Section 13 or 15(d)

PREPAID AND OTHER CURRENT ASSETS (Tables)

v2.4.1.9
PREPAID AND OTHER CURRENT ASSETS (Tables)
9 Months Ended
Sep. 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:
 
 
 
September 30,
2014
 
December
31,
2013
 
Prepaid consulting fees
 
$
—
 
$
23,493
 
Prepaid compensation
 
 
126,107
 
 
256,171
 
Prepaid inventory conversion costs
 
 
83,315
 
 
—
 
Short term storage, utility and other deposits
 
 
—
 
 
42,187
 
Prepaid host fees
 
 
38,630
 
 
—
 
Prepaid network fees
 
 
16,740
 
 
—
 
Prepaid software application
 
 
85,000
 
 
150,000
 
Sundry prepaid expenses and other current assets
 
 
79,808
 
 
90,711
 
Subtotal
 
 
429,600
 
 
562,562
 
Less: non-current portion
 
 
(30,508)
 
 
(290,887)
 
Prepaid and other current assets
 
$
399,092
 
$
271,675