|
License Agreement (Details Narrative) (USD $)
|
6 Months Ended | 12 Months Ended | 6 Months Ended | |||
|---|---|---|---|---|---|---|
|
Jun. 30, 2012
|
Dec. 31, 2009
|
Dec. 31, 2011
|
Dec. 31, 2010
|
Jun. 30, 2012
One Megawatt Elecronic Nameplate Member.
|
Jun. 30, 2011
Three Megawatt Elecronic Nameplate Member.
|
|
| License fees | $ 100,000 | |||||
| License maintenance fees Due | 100,000 | 200,000 | 150,000 | |||
| Royalities | 100 | 100 | ||||
| Required percentage to be paid by company | The Company is required to pay the licensor 35% of all sublicense income received by the Company, excluding royalties on sales by sublicensees | |||||
| Condition to pay license fee | Company can pay $1,000,000 for the assignment of the patents after January 15, 2011 or pay the greater of the license maintenance fees or royalties on product sales for continued use of the patents | |||||
| Period to pay royalties | 30 days | |||||
| Estimated useful life of patents | 17 years | |||||
| Amortization expense charged to cost and expenses | 2,914 | 2,914 | ||||
| Estimated amortization cost for next five years | $ 5,900 | |||||