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C. INTANGIBLE ASSETS AND GOODWILL (Details Narrative) (USD $)
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12 Months Ended | |
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Dec. 31, 2013
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Dec. 31, 2012
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| Goodwill and Intangible Assets Disclosure [Abstract] | ||
| Total amortization expense charged to operations | $ 241,680 | $ 241,680 |
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- Definition
The aggregate expense charged against earnings to allocate the cost of intangible assets (nonphysical assets not used in production) in a systematic and rational manner to the periods expected to benefit from such assets. As a noncash expense, this element is added back to net income when calculating cash provided by or used in operations using the indirect method. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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