Quarterly report pursuant to Section 13 or 15(d)

Property And Equipment, Net (Tables)

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Property And Equipment, Net (Tables)
6 Months Ended
Jun. 30, 2012
Property And Equipment Net Tables  
PropertyPlantAndEquipment

Property and equipment at June 30, 2012 and December 31, 2011 are as follows:

 

    2012     2011  
             
Equipment & Installation   $ 1,547,559     $ 1,547,559  
Office equipment     23,941       23,941  
Computer equipment     11,985       11,985  
Total Equipment      1,583,485       1,583,485  
                 
Less: accumulated depreciation and impairment charges     643,945       16,788  
Property and equipment, net   $ 939,540     $ 1,566,697