General form of registration statement for all companies including face-amount certificate companies

GENERAL AND ADMINISTRATIVE EXPENSES (Tables)

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GENERAL AND ADMINISTRATIVE EXPENSES (Tables)
 9 Months Ended
Sep. 30, 2012
Schedule of General and Administrative Expenses [Table Text Block]
The following table presents the components of General and Administrative expenses for the three and nine months ended September 30, 2012:

   
Three Months
Ended
September 30,
2012
   
Nine Months
Ended
September 30,
2012
 
             
General and Administrative expenses:
               
Contract Labor  
  $ 296,708     $ 447,708  
Acquisition Expense
    0      
148,014
 
Employee’s Salaries       80,125      
155,587
 
Travel
    40,461      
125,927
 
Professional, Legal, and Filing Fees
    58,959      
116,754
 
Others     66,758         138,849  
Total General and Administrative expenses    $  543,011     $  1,132,839