Annual report pursuant to Section 13 and 15(d)

Property and Equipment

v2.4.0.8
Property and Equipment
12 Months Ended
Dec. 31, 2012
Property and Equipment [Abstract]  
Property and Equipment
5. Property and Equipment

Property and equipment consist of the following:

 

                 
    December 31,
2012
    December 31,
2011
 

Furniture and equipment

  $ 572,459     $ 535,183  

Leasehold improvements

    42,564       42,564  

Processing equipment

    995,815       988,716  

Less: accumulated depreciation and amortization

    (1,502,304 )     (1,318,639
   

 

 

   

 

 

 

Property and equipment

  $ 108,534     $ 247,824