NOTE 3 - INTANGIBLE ASSETS (Tables)

9 Months Ended

Sep. 30, 2015

Note 3 - Intangible Assets Tables

Intangible assets

Intangible assets were comprised of the following at September 30, 2015:

Trunity eLearning Platform Software Development Cost	Estimated Life	Gross Cost		Accumulated Amortization			Net Book Value
Internal costs capitalized for the twelve months ended December 31, 2012	3 years		548,031		(548,031	)	$	--
Internal costs capitalized for the twelve months ended December 31, 2013	3 years		519,733		(408,928	)	$	110,805
Internal costs capitalized for the twelve months ended December 31, 2014	3 years		598,285		(279,175	)	$	319,110
Internal costs capitalized for the nine months ended September 30, 2015	3 years		89,497		(17,280	)	$	72,217
Carrying value as of September 30, 2015							$	502,132
Carrying value as of December 31, 2014							$	774,406

Estimated future amortization expense

Estimated future amortization expense is as follows for the following periods:

Remainder of 2015	$	100,626
2016		296,754
2017		99,658
2018		5,094
Total future amortization expense	$	502,132