Annual report pursuant to section 13 and 15(d)

INTANGIBLE ASSETS (Tables)

v2.4.0.6
INTANGIBLE ASSETS (Tables)
12 Months Ended
Dec. 31, 2012
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangible assets acquired from acquisition
   

December 31,

2012

   

December 31,

2011

 
                 
Patent rights   $ 500,925     $ -  
Accumulated amortization     (8,773)       -  
Intangible assets, net   $ 492,152     $ -  
Future amortization of intangible assets, net
    2013     70,186  
         
    2014     70,186  
    2015     70,186  
    2016     70,186  
                           2017 and thereafter                   211,408  
         
         
   Total   $ 492,152