Quarterly report pursuant to Section 13 or 15(d)

Consolidated Balance Sheets (Unaudited)

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Consolidated Balance Sheets (Unaudited) (USD $)
Jun. 30, 2013
Dec. 31, 2012
Current Assets:    
Cash and cash equivalents $ 75,204 $ 72,756
Accounts receivable (less allowance for doubtful accounts of $30,000 in 2013 and $58,000 in 2012) 251,508 201,483
Deferred Compensation 17,562 17,562
Prepaid Expenses and other current assets 84,681 184,752
Total Current Assets 428,955 476,553
Property and Equipment:    
Property and equipment 4,018,759 3,851,104
Less - Accumulated depreciation (2,463,442) (2,189,024)
Net Property and Equipment 1,555,317 1,662,080
Other Assets:    
Goodwill 2,201,828 2,201,828
Deferred compensation 270 9,052
Equity investment in joint venture 13,557   
Other assets 28,349 65,923
Intangible Assets, net 781,265 903,761
Employee loan 23,300   
Total Other Assets 3,048,569 3,180,564
Total Assets 5,032,841 5,319,197
Current Liabilities:    
Accounts payable and accrued expenses 1,361,470 1,214,580
Credit line payable 100,292 100,292
Due to related parties 186,045 162,804
Dividend Payable 237,500 212,500
Deferred revenue 610,393 722,658
Leases payable 787,996 715,095
Loans payable 47,335 47,312
Convertible debt - related party 88,099   
Contingent consideration in Message Logic acquisition 362,414 365,519
Total Current Liabilities 3,781,544 3,540,760
Deferred rental obligation 10,373 14,403
Due to officer 802,005 758,320
Leases payable long term 220,493 382,572
Convertible debt - Related party 500,000 500,000
Total Long Term Liabilities 1,532,871 1,655,295
Total Liabilities 5,314,415 5,196,055
Commitments and contingencies      
Stockholders' Equity (Deficit):    
Preferred Stock, $.001 par value; 10,000,000 shares authorized; 1,401,786 shares issued and outstanding in each period 1,402 1,402
Common stock, par value $0.001; 250,000,000 shares authorized; 33,165,915 and 33,165,915 shares issued and outstanding, respectively, in each period 33,166 33,166
Additional paid in capital 12,142,320 12,042,623
Accumulated deficit (12,458,462) (11,954,049)
Total Stockholders' Equity (281,574) 123,142
Total Liabilities and Stockholders' Equity $ 5,032,841 $ 5,319,197