6. Intangible Assets

12 Months Ended

Dec. 31, 2011

Intangible Assets Disclosure [Text Block]

6. Intangible Assets

Intangible assets consist of the following at December 31:

	2011			2010
Patents and other assets	$	350,000		$	350,000
Less accumulated amortization		(350,000	)		(280,000	)
	$	-		$	70,000

In November 2006, as part of a technology transfer and settlement agreement, the Company paid $350,000 for the ownership of intellectual property including fourteen patents and non-exclusive license rights to four U.S. patents and four international patents.

These assets were amortized over a five year period using the straight line method. Amortization expense amounted to $70,000 for both 2011 and 2010.  These assets became fully amortized at December 31, 2011.