PROPERTY AND EQUIPMENT

12 Months Ended

Dec. 31, 2011

Property, Plant and Equipment [Abstract]

NOTE 5 - PROPERTY AND EQUIPMENT

Property and equipment at December 31, 2011 and 2010 consists of the following:

	2011		2010
Land	$	95,726	$	95,726
Fixtures and equipment		20,902		17,875
		116,628		113,601
Less: accumulated depreciation		(12,682)		(9,273)

Net property and equipment	$	103,946	$	104,328

During 2009, the Company purchased a parcel of land for $95,726 to be utilized in the CTL project.

Depreciation expense totaled $3,409 and$ 3,575 for the years ended December 31, 2011 and 2010, respectively.

- Definition

The entire disclosure for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures.

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