PROPERTY PLANT AND EQUIPMENT

12 Months Ended

Dec. 31, 2013

PROPERTY PLANT AND EQUIPMENT [Abstract]

NOTE 4 - PROPERTY PLANT AND EQUIPMENT

Property, plant and equipment consisted of the following at December 31:

		2013		2012
	Estimated Useful Life	Purchased		Purchased		Under Capital Leases

Machinery and equipment	5-10 years	$	5,109,121	$	3,435,509	$	63,000
Building and improvements	39 years		1,655,613		1,345,523		-
Land			185,000		185,000		-
Leasehold improvements	See (1)		774,912		765,425		-
Furniture and fixtures	7 years		138,135		135,854		-
Software and websites	3 years		359,308		359,308		-

Total cost		$	8,222,089	$	6,226,619	$	63,000
Less accumulated depreciation			3,064,237		2,516,711		49,000

Property, plant, and equipment, net		$	5,157,852	$	3,709,908	$	14,000

(1) Expected lease term between 3 and 10 years.

- 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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