Quarterly report pursuant to sections 13 or 15(d)

13. Other Income and Expenses

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13. Other Income and Expenses
6 Months Ended
Jun. 30, 2013
Notes to Financial Statements  
13. Other Income and Expenses

13. Other Income and Expenses

Other (expenses) income for the three and six months ended June 30, 2013 and 2012 consists of the following:

 

  Three Months ended June 30, Six Months ended June 30,
  2013 2012 2013 2012
Loss on sale of accounts receivable  $               (45,285)  $               (93,661)  $             (128,769)  $             (168,814)
Change in fair value of derivative liability                  238,517                            -                     105,267                            -   
Other                    27,554                      5,412                    66,418                    11,120
Total other income (expenses)  $              220,786  $               (88,249)  $                42,916  $             (157,694)