NOTE 4 - INTANGIBLE ASSETS

3 Months Ended

Mar. 31, 2012

Intangible Assets Disclosure [Text Block]

NOTE 4 – INTANGIBLE ASSETS

Intangible assets consisted of the following:

	March 31, 2012			December 31, 2011
Customer list – VSG	$	4,086,987		$	4,086,987
Customer list – RMI		801,034			801,034
Customer list – ISS		2,243,175			2,243,175
Customer list – Solutions		8,500,000			8,500,000
Technology software – Solutions		3,500,000			3,500,000
Framework technology software – Solutions		2,100,000			2,100,000
		21,231,196			21,231,196
Accumulated amortization		(5,647,498	)		(4,635,935	)
	$	15,583,698		$	16,595,261

For the quarter ending March 31, 2012 , the change in intangible assets was as follows:

Beginning of the quarter	$	16,595,261
Additions		-
Amortization		(1,011,563	)
End of the quarter	$	15,583,698

For the quarters ending March 31, 2012 and 2011, amortization expense was $1,011,563 and $659,513, respectively.