Intangible Assets

3 Months Ended

Mar. 31, 2015

Goodwill and Intangible Assets Disclosure [Abstract]

INTANGIBLE ASSETS

NOTE 9        INTANGIBLE ASSETS

As of December 31, 2014 and December 31, 2013, the Company owns certain trademarks and technology rights.    See Note 1 (I).

Intangible assets were comprised of the following at March 31, 2015 and December 31, 2014:

	Useful Life		March 31, 2015			December 31, 2014
Distribution rights	10 Years	$	9,647,577		$	9,647,577
Trademarks	Indefinite		7,500,000			7,500,000
Licensing Rights	Indefinite		2,064,000			2,064,000
Software	3 Years		—			—
Other	Indefinite		275			275
Accumulated amortization			(1,624,847	)		(1,361,257	)
Net carrying value		$	17,587,005		$	17,850,595

For the three months ended March 31, 2015 and 2014, amortization expense related to the intangibles with finite lives totaled $263,590 and $241,390, respectively, and was included in general and administrative expenses in the statement of operations.