Property and Equipment

12 Months Ended

Dec. 31, 2011

Note 8 - Property and Equipment

Property and Equipment consists of the following:

	December 31,			December 31,
	2011			2010
Furniture and fixtures	$	2,187		$	914
Computers and equipment		181,459			181,329
Software		52,326			52,326
Assets held under capital leases		116,945			116,945
		352,917			351,514
Less accumulated depreciation and amortization		(207,324	)		(110,340	)
	$	145,593		$	241,174

Depreciation and amortization expense totaled $96,984 and $103,080 for the years ended December 31, 2011 and 2010, respectively.

- Definition

The entire disclosure for 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. This disclosure may include property plant and equipment accounting policies and methodology, a schedule of property, plant and equipment gross, additions, deletions, transfers and other changes, depreciation, depletion and amortization expense, net, accumulated depreciation, depletion and amortization expense and useful lives, income statement disclosures, assets held for sale and public utility disclosures.

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