INTANGIBLE ASSETS - Note 8

12 Months Ended

Dec. 31, 2013

Notes to Financial Statements

INTANGIBLE ASSETS - Note 8

NOTE 8 - INTANGIBLE ASSETS

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

	Estimated		December 31,		December 31,
	Useful Life		2013		2012
					(Restated)
Domain name, logo and trade mark	Indefinite	$	349,600	$	349,600
less: Accumulated amortization			-		-
Intangible assets, net		$	349,600	$	349,600

Intangible assets are stated at cost less accumulated amortization. The Company acquired domain name "zoom.com" and related logo and trade name for 80,000 shares of common stock valued $349,600 as of the date of purchase. The domain name, logo and trademark have indefinite lives and no amortization was recorded for the years ended December 31, 2013 and 2012.