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PROPERTY, PLANT AND EQUIPMENT

12 Months Ended

Dec. 31, 2013

PROPERTY, PLANT AND EQUIPMENT [Text Block]

Note 4 - PROPERTY, PLANT AND EQUIPMENT

Property, Plant and Equipment consist of the following:

		December 31,			December 31,
		2013			2012

Office Equipment	$	8,651		$	8,404
Vehicle		7,764			7,543
		16,415			15,947
Less: Accumulated Depreciation		(14,121	)		(13,202	)
	$	2,294		$	2,945

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

Office Equipment	20%
Vehicle	10%

The depreciation was $726 and $843, including cost and operating expense, for the years ended December 31, 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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