Quarterly report pursuant to sections 13 or 15(d)

INTANGIBLE ASSETS (Tables)

v2.4.0.6
INTANGIBLE ASSETS (Tables)
3 Months Ended
Mar. 31, 2013
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Intangible Assets
   

March 31,

2013

   

December 31,

2012

 
                 
Patent rights   $ 500,925     $ 500,925  
Accumulated amortization     (26,320)       (8,773)  
Intangible assets, net   $ 474,605     $ 492,152  
Schedule of Amortization Expense
2013     52,639  
2014     70,186  
2015     70,186  
2016     70,186  
2017 and thereafter     211,408  
Total   $ 474,605