Intangible Assets (Tables)

3 Months Ended

Mar. 31, 2013

Intangible Assets Tables

Carrying values of intangible assets

As of March 31, 2013 and December 31, 2012, the Company's intangible assets were summarized as follows:

	Estimated	March 31,		December 31,
	Useful life	2013		2012
		(Unaudited)
Domain name, logo and trade mark	Indefinite	$	349,600	$	349,600
Customer list	15 years		1,269,416		1,269,416
Total cost			1,619,016		1,619,016
less: Accumulated amortization			(1,141,577)		(1,138,326)
Intangible assets, net		$	477,439	$	480,690

The estimated amortization for the next five years as of March 31, 2013 and thereafter is expected to be as follows by years:

Remainder of 2013	$	5,488
2014		8,739
2015		8,739
2016		8,739
2017		8,739
Thereafter		87,395
Total	$	127,839