FIXED ASSETS

6 Months Ended

12 Months Ended

Jun. 30, 2011

Dec. 31, 2010

7. FIXED ASSETS, NET

Fixed assets, net of accumulated depreciation, consist of the following at June 30, 2011 and December 31, 2010:

	June 30,			December 31,
	2011			2010

Equipment and computers	$	36,971		$	20,931
Less accumulated depreciation		(6,031	)		(3,275	)
	$	30,939		$	17,656

Depreciation expense was $2,757 and $1,065 during the six months ended June 30, 2011 and 2010, respectively.

6. FIXED ASSETS

Fixed assets, net of accumulated depreciation, consisted of the following at December 31, 2010 and 2009:

	2010			2009

Equipment and computers	$	20,931		$	69,414
Less accumulated depreciation		(3,275	)		(64,897	)
	$	17,656		$	4,517

Depreciation expense was $3,275 and $0 during the year ended December 31, 2010 and 2009, respectively. During 2010, $64,897 of fixed assets that were fully depreciated and no longer in service were reversed against their related accumulated depreciation accounts.

- Definition

The entire disclosure for long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software. This disclosure may include property plant and equipment accounting policies and methodology, a schedule of property, plant and equipment gross, additions, deletions, transfers and other changes, depreciation, depletion and amortization expense, net, accumulated depreciation, depletion and amortization expense and useful lives, income statement disclosures, assets held for sale and public utility disclosures.

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