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5. INTANGIBLE ASSETS AND ASSET ACQUISITION (Tables)
9 Months Ended
Sep. 30, 2015
Intangible Assets And Asset Acquisition Tables  
Definite life intangible assets
   

September 30,

2015

(Unaudited)

   

December 31,

2014

 
             
Intellectual Property and Patents   $ 2,848,300     $ 2,848,300  
Less: Accumulated Amortization      908,375        631,244  
Intangible Assets, net   $ 1,939,925     $ 2,217,056  
Indefinite life intangible assets
Trademarks   $ 440,000     $ 440,000  

 

Total Intangible Assets, net   $ 2,379,925     $ 2,657,056  
Approximate amortization over the next five years
Twelve Month Period Ending September 30,   Amount  
       
2016   $ 370,000  
2017     370,000  
2018     370,000  
2019     370,000  
2020     370,000  
Thereafter     89,000  
    $ 1,939,000