Quarterly report pursuant to Section 13 or 15(d)

PROPERTY AND EQUIPMENT (Tables)

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PROPERTY AND EQUIPMENT (Tables)
3 Months Ended
Mar. 31, 2013
Property, Plant and Equipment [Abstract]  
Property, Plant and Equipment [Table Text Block]

Property and equipment consists of the following at March 31, 2013 and December 31, 2012:

 

    2013     2012  
             
Office and computer equipment   $ 35,076     $ 35,076  
Furniture and fixtures     47,686       47,686  
Restaurant furnishings and equipment     2,850,599       2,826,760  
      2,933,361       2,909,522  
Accumulated depreciation     (706,424 )     (593,376 )
    $ 2,226,937     $ 2,316,146