10. INTANGIBLE ASSETS (Tables)

9 Months Ended

Sep. 30, 2015

Intangible Assets Tables

Intangible assets at cost

Patents & knowhow & license
	September 30, 2015			December 31, 2014
Cost basis	$	17,617,725		$	11,404,730
Less: accumulated amortization		(1,351,984	)		(289,758	)
	$	16,265,741		$	11,114,972

Software
	September 30, 2015			December 31, 2014
Cost basis	$	91,688		$	65,848
Less: accumulated amortization		(33,787	)		(24,144	)
	$	57,901		$	41,704
Total intangibles, net	$	16,323,642		$	11,156,676

Estimated amortization expenses

Years ending September 30,	Amount
2016	$	1,780,110
2017		1,779,653
2018		1,771,340
2019		1,768,712
2020 and thereafter		9,223,827
	$	16,323,642