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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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