Amortizable Intangible Assets

12 Months Ended

Dec. 31, 2015

Goodwill and Intangible Assets Disclosure [Abstract]

Intangible Assets Disclosure [Text Block]

4. Amortizable Intangible Assets

The Company had amortizable intangible assets as follows as of December 31, 2015 and 2014:

					Accumulated
	Gross Carrying Amount				Amortization
	2015		2014		2015		2014
Distributorship and related agreements	$	2,060,000	$	2,060,000	$	1,078,394	$	924,385
Lunasin technology license		1,954,661		1,954,661		280,620		164,501
	$	4,014,661	$	4,014,661	$	1,359,014	$	1,088,886

Amortization expense for intangible assets totaled $270,128 in both 2015 and 2014, respectively. Amortization expense for amortizable intangible assets over the next five years is estimated to be:

	Intangible
	Amortization
2016	$	255,000
2017		226,000
2018		226,000
2019		226,000
2020		226,000