6. PATENTS

3 Months Ended

Mar. 31, 2015

Notes to Financial Statements

6. PATENTS

6.           Patents

In fiscal 2005, the Company started the patent process for additional WATER$AVR® products.  Patents associated with these costs were granted in 2006 and they have been amortized over their legal life of 17 years.

	March 31, 2015 Cost		Accumulated Amortization		March 31, 2015 Net
Patents	$	209,421	$	87,523	$	121,898

	December 31, 2014 Cost		Accumulated Amortization		December 31, 2014 Net
Patents	$	228,597	$	91,193	$	137,404

Decrease in 2015 cost was due to currency conversion.  The 2015 cost in Canadian dollars - $265,102 (2014 - $265,102 in Canadian dollars).

Amount of amortization for 2015 - $4,081 (2014 - $4,590)

Estimated amortization expense over the next five years is as follows:

2015	$	16,326
2016		16,326
2017		16,326
2018		16,326
2019		16,326