LEASE COMMITMENTS

6 Months Ended

Jun. 30, 2012

Commitments and Contingencies Disclosure [Abstract]

13. LEASE COMMITMENTS

The Company has entered into operating lease arrangements mainly relating to its office premises which will end on December 26, 2014. Future minimum lease payments for non-cancelable operating leases as of June 30, 2012 are as follows:

	Rental
Fiscal Year	Commitments

2012	$	259,563
2013		519,125
2014		513,358

Total	$	1,292,046

Total rental expenses are $290,475 and $128,971 for the six months ended June 30, 2012 and 2011, respectively; and $138,626 and $69,739 for the three months ended June 30, 2012 and 2011, respectively.

- Definition

The entire disclosure for significant arrangements with third parties, which includes operating lease arrangements and arrangements in which the entity has agreed to expend funds to procure goods or services, or has agreed to commit resources to supply goods or services, and operating lease arrangements. Descriptions may include identification of the specific goods and services, period of time covered, minimum quantities and amounts, and cancellation rights.

+ References+ Details

Santaro Interactive Entertainment Co 10-Q/A