INTANGIBLE ASSETS (Tables)

12 Months Ended

Dec. 31, 2012

Notes to Financial Statements

SCHEDULE OF INTELLECTUAL PROPERTY AND INTANGIBLE ASSETS

	2012			2011
Patents	$	13,615,967		$	13,615,967
Customer relationships		3,400,000			3,400,000
Trademarks		2,740,000			2,740,000
Non-compete agreements		660,000			660,000
Other intangible assets		150,000			150,000
		20,565,967			20,565,967
Less: accumulated amortization		(2,015,551	)		(454,204	)
Intangible assets, net	$	18,550,416		$	20,111,763

SCHEDULE OF ASSET PURCHASE AGREEMENT ASSETS

	Fair Value
Patents	$	13,259,000
Customer relationships		3,400,000
Trademarks		2,740,000
Goodwill		1,091,000
Non-compete agreement		660,000
Total	$	21,150,000