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4. INTANGIBLE ASSETS
9 Months Ended
Sep. 30, 2012
Notes to Financial Statements  
NOTE 4. INTANGIBLE ASSETS

At September 30, 2012 and December 31, 2011, definite life intangible assets consist of the following:

 

   

September 30,

2012

   

December 31,

2011

 
    (Unaudited)        
Intellectual property and trademarks   $ 111,100     $ 111,100  
Less: Accumulated Amortization     38,884       30,551  
    $ 72,216     $ 80,549  

 

The Company’s definite life intangible assets are being amortized over their estimated useful lives of ten years. Amortization expense was $8,333 for the nine months ended September 30, 2012 and 2011.