Annual report pursuant to section 13 and 15(d)

17. Other Income and Expense (Tables)

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17. Other Income and Expense (Tables)
12 Months Ended
Dec. 31, 2012
Other Income And Expense Tables  
Schedule of other income and expense

Other income (expenses) for the years ended December 31, 2012 and 2011 consists of the following:

 

 

    2012 2011
Gain on change in fair value of derivative liability  $          799,500  $                   -   
Loss on extinguishment of debt            (335,315)                       -   
Settlement or extinguishment of vendor liabilities                       -                   75,000
Loss on sale of accounts receivable            (334,931)              (51,654)
Loss on disposal of property and equipment                (7,483)              (24,615)
Other                54,249                47,588
Total other income              176,020                46,319