v2.4.0.6
INTANGIBLE ASSETS (Tables)
9 Months Ended
Sep. 30, 2012
Intangible Assets Tables  
Intangible Assets

Intangible assets include assets capitalized as a result of our acquisitions and the cost to acquire licenses for the media rights of sports and entertainment properties to create mobile apps.  The components of intangible assets were as follows:

 

    September. 30,     December 31,  
    2012     2011  
Mobile App Portfolio (useful life – 3 years)   $ 611,461     $ 611,461  
Software Development Costs (useful life – 3 years)     54,491       -  
License rights (useful life – 3 years)     130,000       -  
Less: Accumulated Depreciation     (181,902 )     (29,037
                 
Intangible Assets, net   $ 614,050     $ 582,424