Annual report pursuant to Section 13 and 15(d)

Property and Equipment

v2.4.0.6
Property and Equipment
12 Months Ended
Dec. 31, 2011
Property and Equipment [Abstract]  
Property and Equipment
5. Property and Equipment

Property and equipment consist of the following:

 

                 
    December 31,
2011
    December 31,
2010
 

Furniture and equipment

  $ 535,183     $ 514,573  

Leasehold improvements

    42,564       42,564  

Processing equipment

    988,716       988,716  

Less: accumulated depreciation

    (1,318,639 )     (1,045,111
   

 

 

   

 

 

 

Property and equipment

  $ 247,824     $ 500,742