OTHER ASSETS

3 Months Ended

Mar. 31, 2014

OTHER ASSETS

OTHER ASSETS

NOTE 8 – OTHER ASSETS

Other Assets at March 31, 2014 and December 31, 2013 consists of the following:

	2014			2013			Life in Years
Packaging Artwork and Design	$	205,102			299,404			2
Less:  Accumulated Amortization		(190,354	)		(279,740	)
	$	14,748			19,664

Amortization expense for the three months ended March31, 2014 and 2013 was $4,916 and $6,164.

The aggregate carrying amount of cost method investments at December 31, 2013 and 2012 consisted of the following:

	2013		2012
AC Kinetics Series A Convertible Preferred Stock	$	500,000	$	0

The company’s investment in AC Kinetics has not been evaluated for impairment.

It was not practicable to estimate fair value of AC Kinetics Series A Convertible Preferred Stock and such an estimate was not made because, during the twelve months ended December 31, 2013, there were no events or changes in circumstances that could have had a significant adverse effect on the fair value of such investments.