PROPERTY, PLANT AND EQUIPMENT

9 Months Ended

Sep. 30, 2013

PROPERTY, PLANT AND EQUIPMENT [Text Block]

Note 4 - PROPERTY, PLANT AND EQUIPMENT

Property, Plant and Equipment consist of the following:

		September 30,			December 31,
		2013			2012
Office Equipment	$	8,556		$	8,404
Vehicle		7,678			7,543
		16,234			15,947
Less: Accumulated Depreciation		(13,783	)		(13,002	)
	$	2,451		$	2,945

Depreciation is calculated on a straight-line basis over the estimated useful life of the assets. The annual percentages applied are:

Machinery and Equipment	10%
Office Equipment	20%
Vehicle	10%

The depreciation was $543 and $664, including cost and operating expense, for the nine months ended September 30, 2013 and 2012, respectively.