XML 43 R13.htm IDEA: XBRL DOCUMENT v2.4.0.8
Note 5 - Intellectual Property
3 Months Ended
Mar. 31, 2014
Business Combinations [Abstract]  
Acquisition

Note 5 – Intellectual Property

 

Intellectual property consists of technology acquired from the purchase of 100% of the membership interests of Cornerstone Conservation Group LLC (“Cornerstone”).

 

For each of the three months ended March 31, 2014 and 2013, amortization expense was $54,954 and accumulated amortization of the intangible asset- intellectual property was $439,627 at March 31, 2014.

 

Future amortization of the intangible asset – intellectual property was as follows as of March 31, 2014:

 

Year ending December 31:        
2014   (after March 31, 2014)   $ 164,860  
2015     54,953  
Total   $ 219,813