XML 29 R12.htm IDEA: XBRL DOCUMENT v2.4.0.6
(4) PROPERTY AND EQUIPMENT
12 Months Ended
Dec. 31, 2011
Property, Plant and Equipment Disclosure [Text Block]

(4) PROPERTY AND EQUIPMENT


Property and equipment as at December 31, 2011 and 2010, respectively, consists of:


    2011     2010  
Machinery and Equipment   $ 1,977,092     $ 1,943,707  
BVA Equipment on trial     680,000       595,000  
Land and Land Improvements     196,991       196,991  
Buildings     598,422       598,422  
Furniture and fixtures     369,204       369,204  
Construction in progress           1,870,435  
Building Improvements     2,175,862       300,662  
Leasehold improvements     310,903       310,903  
      6,308,474       6,185,324  
Accumulated depreciation     (2,307,123 )     (2,016,332 )
Property and equipment, net   $ 4,001,351     $ 4,168,992  

For the years ended December 31, 2011 and 2010, depreciation expense for the above listed assets was $290,791 and $296,554.