Quarterly report pursuant to sections 13 or 15(d)

13. Other Income and Expenses (Tables)

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13. Other Income and Expenses (Tables)
9 Months Ended
Sep. 30, 2013
Notes to Financial Statements  
Other expenses (income)

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

 

    Three Months ended September 30,     Nine Months ended September 30,  
    2013     2012     2013     2012  
Loss on sale of accounts receivable   $ (47,093 )   $ (66,230 )   $ (175,862 )   $ (235,044 )
Change in fair value of derivative liability     (838,142 )     -       (732,875 )     -  
Loss on disposal of property and equipment     (2,374 )     -       (2,374 )        
Other     42,438       2,654       108,856       10,625  
Total other income (expenses)   $ (845,171 )   $ (63,576 )   $ (802,255 )   $ (224,419 )