EQUIPMENT - NET

9 Months Ended

11 Months Ended

Sep. 30, 2011

Dec. 31, 2010

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment Disclosure [Text Block]

5. EQUIPMENT - NET

Equipment, net consists of the following as of September 30, 2011 and December 31, 2010:

	September 30,			December 31,
	2011			2010
Motor vehicles	$	1,976		$	-
Machinery and equipment		132,979			21,793
Less accumulated depreciation		(66	)		-

Total equipment - net	$	134,889		$	21,793

Machinery and equipment is stated at cost and depreciated on a straight-line basis over an estimated useful life of 10 years. The machinery and equipment is currently classified as ‘construction in process’ and it is the Company’s policy to begin depreciation once the asset is placed into service. Depreciation expense for the three and nine months ended September 30, 2011 and 2010 was $66 and zero, respectively.

4. EQUIPMENT - NET

Equipment, net consists of the following as of December 31, 2010:

	2010

Machinery and equipment	$	21,793
Less accumulated depreciation		-

Total equipment - net	$	21,793

- 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.

+ References+ Details