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Note 6 - Property, Plant and Equipment

9 Months Ended

Jun. 30, 2013

Note 6 – Property, Plant and Equipment

The property, plant and equipment as of June 30, 2013 and September 30, 2012 consisted of the following:

	June 30, 2013	September 30, 2012

Machinery and equipment	$ 9,167,694	$ 8,942,612
Plant and building	16,166,916	15,876,637
	25,334,610	24,819,249
Less: accumulated depreciation	3,877,583	2,741,974
Add: construction in process	3,615,000	3,543,282

Total property plant and equipment	$25,072,027	$25,620,557

Depreciation expense was $360,189 and $214,841 for the three months ended June 30, 2013 and 2012, respectively, and $1,071,137 and $622,637 for the nine months ended June 30, 2013 and 2012, 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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