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Inventory

12 Months Ended

Dec. 31, 2011

NOTE 5 – INVENTORY

Inventory consists of the following:

	December 31,			December 31,
	2011			2010
Raw Materials	$	2,076,066		$	1,730,086
Work in Process		157,534			139,947
Finished Goods		502,482			737,881
Allowance / Reserve		(2,271,008	)		(2,065,558	)
Totals	$	465,074		$	542,356

During 2011 and 2010, write downs of $205,450 and $20,100, respectively, were recorded to reduce items considered obsolete or slow moving to their market value.

- Definition

The entire disclosure for inventory. This may include, but is not limited to, the basis of stating inventory, the method of determining inventory cost, the major classes of inventory, and the nature of the cost elements included in inventory. If inventory is stated above cost, accrued net losses on firm purchase commitments for inventory and losses resulting from valuing inventory at the lower-of-cost-or-market may also be included. For LIFO inventory, may disclose the amount and basis for determining the excess of replacement or current cost over stated LIFO value and the effects of a LIFO quantities liquidation that impacts net income.

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