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Intangible Assets

12 Months Ended

Dec. 31, 2013

Intangible Assets [Abstract]

Intangible Assets

Note 3 – INTANGIBLE ASSETS

Intangible assets, and the related accumulated amortization, consist of the following:

		December 31, 2013								December 31, 2012
		Cost				Accumulated Amortization				Cost				Accumulated Amortization
Recipes		$	43,600			$	43,600			$	43,600			$	43,600
Customer lists and other customer related intangibles			4,504,200				2,474,790				4,504,200				2,025,736
Lease acquisition			87,200				87,200				87,200				87,200
Customer relationship			985,000				596,785				985,000				526,701
Trade names			2,248,000				1,028,334				2,248,000				878,469
Formula			438,000				324,850				438,000				281,050
		$	8,306,000			$	4,555,559			$	8,306,000			$	3,842,756

Amortization expense is expected to be approximately the following for the 12 months ending December 31:

2014		$	712,803
2015			712,803
2016			694,553
2017			669,003
2018			629,409
Thereafter			331,870
		$	3,750,441

Amortization expense during the years ended December 31, 2013 and 2012 was $712,803 and $754,817, respectively.

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- Definition

The entire disclosure for all or part of the information related to intangible assets.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 350

-SubTopic 30

-Section 50

-Paragraph 2

-URI http://asc.fasb.org/extlink&oid=7658586&loc=d3e16323-109275



Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 350

-SubTopic 30

-Section 50

-Paragraph 3

-URI http://asc.fasb.org/extlink&oid=7658586&loc=d3e16373-109275



Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 350

-SubTopic 30

-Section 50

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=7658586&loc=d3e16265-109275



Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 142

-Paragraph 44, 45, 46

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

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