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Note 3 - Intangible Assets: Schedule of Finite-Lived Intangible Assets (Tables)
9 Months Ended
Sep. 30, 2013
Tables/Schedules  
Schedule of Finite-Lived Intangible Assets

 

Trunity eLearning Platform

 Estimated Life

Gross Cost

Accumulated Amortization

Net Book Value

 

Assets acquired from Trunity, LLC

 3 years

 $1,775,000

 $(1,775,000)

  $          -  

 

Internal costs capitalized for period from July 28, 2009 (inception) to December 31, 2009

 3 years

 121,820

 (121,820)

              -  

 

Internal costs capitalized for the twelve months ended December 31, 2010

 3 years

 342,345

 (342,345)

              -  

 

Internal costs capitalized for the twelve months ended December 31, 2011

 3 years

 327,100

 (245,325)

       81,775

 

Internal costs capitalized for the twelve months ended December 31, 2012

3 years

548,031

 (254,698)

       293,333

 

Internal costs capitalized for the nine months ended September 30, 2013

3 years

378,330

(62,440)

        315,890

 

Carrying value as of September 30, 2013

$   690,998