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7. Property and Equipment (Tables)

6 Months Ended

Jun. 30, 2012

Property And Equipment Tables

Property and Equipment

Property and equipment were as follows:

		June 30,  2012				December 31, 2011
Computers and peripherals		$	97,660			$	97,660
Office machines			49,370				49,370
Automobile			38,100				–
Furniture and fixtures			79,484				79,484
			264,614				226,514
Less accumulated depreciation			(168,138	)			(148,379	)
		$	96,476			$	78,135

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- Definition

Tabular disclosure of all information related to any significant acquisition and disposal. Disclosure may include methodology and assumptions, type of asset, asset classification, useful life, useful purpose, acquisition cost, method of acquisition or disposal, depreciation method, gain (loss) on disposal pretax and net of tax, date of acquisition or disposal and restrictions on amount of proceeds from donated assets.

+ References

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

-Publisher FASB

-Name Accounting Standards Codification

-Topic 205

-SubTopic 20

-Section 50

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=6360339&loc=d3e1361-107760



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

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 144

-Paragraph 47

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.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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