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INTANGIBLE ASSETS (Tables)
6 Months Ended
Jun. 30, 2012
INTANGIBLE ASSETS (Tables)  
Summary of Intangible Accounts Activity

The activity for the intangible accounts is summarized below:

 

 

 

June 30, 2012

 

 

December 31, 2011

 

Patent

 

$

510,310

 

 

$

510,310

 

Accumulated amortization

 

 

(140,336

)

 

 

(114,820

)

Patent, net of accumulated amortization

 

 

369,974

 

 

 

395,490

 

 

 

 

 

 

 

 

 

 

Marketing contacts

 

 

4,187,815

 

 

 

4,187,815

 

Accumulated Amortization

 

 

(4,157,391

)

 

 

(4,150,630

)

Marketing contacts, net of accumulated amortization

 

 

30,424

 

 

 

37,185

 

 

 

 

 

 

 

 

 

 

Total intangibles, net of accumulated amortization

 

$

400,398

 

 

$

432,675