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Intangible Assets (Tables)
6 Months Ended
Jun. 30, 2013
Intangible Assets Tables  
Carrying values of intangible assets

As of June 30, 2013 and December 31, 2012, the Company's intangible assets were summarized as follows:

    Estimated         June 30,         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         (1,144,827)     (1,138,326)
Intangible assets, net       $ 474,189    $ 480,690 

 

 

 

Schedule of Finite-Lived Intangible Assets, Future Amortization Expense

The estimated amortization for the next five years as of June 30, 2013 and thereafter is expected to be as follows by years:

Remainder of 2013 $ 3,659 
2014   8,739 
2015   8,739 
2016   8,739 
2017   8,739 
Thereafter   87,395 
Total $ 126,010