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