10. Other income
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9 Months Ended |
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Sep. 30, 2012
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Other Income | |
Note 10 .Other income |
During 2012, one of the Companys legal counsel agreed to cancel $223,775 of unpaid legal fees for services rendered to the Company as of September 30, 2012. As a result, the Company recognized a gain of $223,775 in the accompanying condensed consolidated statements of operations |
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- Definition
The entire disclosure for other income or other expense items (both operating and nonoperating). Sources of nonoperating income or nonoperating expense that may be disclosed, include amounts earned from dividends, interest on securities, profits (losses) on securities, net and miscellaneous other income or income deductions. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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