7. INTANGIBLE ASSETS (Tables)

9 Months Ended

12 Months Ended

Sep. 30, 2013

Dec. 31, 2012

Intangible Assets Tables

Schedule of Intangible Assets

		2013		2012
SUGARDOWN® technology and provisional patents	$	900,000	$	900,000
Less accumulated amortization		(187,500)		(139,286	)
Intangible assets, net	$	712,500	$	760,714

Intangible assets consist of the following:

	December 31,
	2012			2011
SUGARDOWN® technology and provisional patents	$	900,000		$	900,000
Less accumulated amortization		(139,286	)		(75,000	)
Intangible assets, net	$	760,714		$	825,000

Estimated remaining amortization expense related to intangible assets with finite lives

The estimated remaining amortization expense related to intangible assets with finite lives for each of the five succeeding years and thereafter is as follows:

Year ending December 31:
2013	$	64,286
2014		64,286
2015		64,286
2016		64,286
2017		64,286
Thereafter		439,284
	$	760,714