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PROPERTY AND EQUIPMENT (Tables)

12 Months Ended

Dec. 31, 2012

Schedule of property and equipment, net of accumulated depreciation

	2012			2011

Computer equipment	$	176,500		$	520,647
Office equipment		381,448			388,659
Equipment		0			378,147

		557,948			1,287,453
Accumulated depreciation and amortization		(391,562	)		(426,089	)

	$	166,386		$	861,364

- Definition

Tabular disclosure of the useful life and salvage value of long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software.

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