Annual report pursuant to section 13 and 15(d)

ACCOUNTS RECEIVABLE AND FACTORING (Tables)

v2.4.0.6
ACCOUNTS RECEIVABLE AND FACTORING (Tables)
12 Months Ended
Dec. 31, 2012
ACCOUNTS RECEIVABLE AND FACTORING [Abstract]  
Schedule of Accounts Receivable

The Company has total Accounts Receivable as of December 31, 2012 and 2011 as follows:


                 

 

 

As of

December 31,

 

 

 

2012

 

 

2011

 

 

 

 

 

 

 

 

Accounts Receivable

 

$

4,974

 

 

$

40,324

 

Factored Accounts Receivable

 

 

30,734

 

 

 

143,908

 

Allowance for Doubtful Accounts

 

 

-

 

 

 

-

 

Accounts Receivable, net

 

$

35,708

 

 

$

184,232