Duos Technologies Group, Inc. Quarterly report pursuant to sections 13 or 15(d)

Quarterly report pursuant to sections 13 or 15(d)

Cover
- Document and Entity Information
Financial Statements
Notes to Financial Statements
Accounting Policies
- NOTE 1 - NATURE OF OERATIONS, BASIS OF PRESENTATION AND SUMMARY OF SIGNIFCANT ACCTG POLICIES (Policies)
Notes Tables
Notes Details

NOTE 8 - NOTE PAYABLE - LINE OF CREDIT

NOTE 8 - NOTE PAYABLE - LINE OF CREDIT	9 Months Ended
Sep. 30, 2012
Notes to Financial Statements
NOTE 8 - NOTE PAYABLE - LINE OF CREDIT	NOTE 8 NOTE PAYABLE LINE OF CREDIT The Company has a line of credit with Wells Fargo Bank. The line of credit provides for borrowings up to $40,000. The balance as of September 30, 2012 and December 31, 2011 was $4,622 and $35,146, respectively. The interest rate is the Prime Rate plus 3%. The President of the Company is a personal guarantor on the line of credit.

NOTE 8 - NOTE PAYABLE - LINE OF CREDIT

9 Months Ended

Sep. 30, 2012

Notes to Financial Statements

NOTE 8 - NOTE PAYABLE - LINE OF CREDIT

NOTE 8 NOTE PAYABLE LINE OF CREDIT

The Company has a line of credit with Wells Fargo Bank. The line of credit provides for borrowings up to $40,000. The balance as of September 30, 2012 and December 31, 2011 was $4,622 and $35,146, respectively. The interest rate is the Prime Rate plus 3%. The President of the Company is a personal guarantor on the line of credit.