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Investment in Joint Venture (Tables)
12 Months Ended
Dec. 31, 2013
Condensed Financial Information of Joint Ventures

The following condensed financial information of Milestone Medical Inc, Medical Joint Venture, 45.5% ownership at December 31, 2013 and 2012, respectively is as follows:

 

 

December 31,

 

 

2013

 

 

 

2012

 

 

Current Assets

  $

2,258,809

 

 

  $

216,177

 

Non Current Assets

 

1,561,129

 

 

 

1,576,529

 

Total Assets

 

3,819,939

 

 

 

1,792,706

 

 

Current Liability

 

125,962

 

 

 

2,157

 

Equity

 

3,693,977

 

 

 

1,790,549

 

Total Liability and Equity

  $

3,819,939

 

 

  $

1,792,706

 

 

December 31,

 

 

2013

 

 

 

2012

 

Revenue

 

-

 

 

 

-

 

Operation expenses

 

1,019,606

 

 

 

1,172,154

 

Net Loss

  $

(1,019,606

)

 

  $

(1,172,154

)