COMMITMENTS AND CONTINGENCIES: On July 27, 2005, the Company entered into a lease agreement with 65 Rushmore Realty, LLC. The lease agreement is a triple net lease and is for a period of seven years with a base annual rent of $83,286 to be paid in monthly installments of $6,940.50. This annual rent is subject to annual increases based on the Consumer Price Index for All Urban Consumers of the United States Department of Labor Bureau of Labor Statistics in effect for New York and Northern New Jersey starting August 1, 2009. The Company has the right to terminate the lease prior to the expiration upon 120 days notice to the landlord. In connection with the CML Stock Purchase, on October 30, 2009 (see Note 1-Stockholders? Equity), the chief executive officer, CML and the Company entered into a Put Option Agreement (the ?Put Agreement?) pursuant to which the chief executive officer has been granted a put option (the ?Put Option?) to be exercised at the sole option of the chief executive officer at the end of the initial two year term of the Employment Agreement described below (or an earlier termination pursuant to the certain other terms of the Employment Agreement), to sell to CML a maximum of 1,000,000 previously issued shares of the common stock of the Company (the ?Put Shares?) at a price equal to the then current market price multiplied by .80, with a minimum purchase price per share of $0.30 and a maximum purchase price per share of $0.80, provided that in the event CML does not comply with the terms and conditions of the Put Agreement, the Company shall be required to purchase the Put Shares at the same price applicable to the Put Option. On October 30, 2009, the Company and the chief executive officer entered into a First Amendment to Convertible Promissory Note (the ?First Note Amendment?) which amended a certain convertible promissory note (the ?Original Note?) payable to the chief executive officer dated as of May 1, 2009 in the principal amount of $225,000 which is due and payable in three years with 5%