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INTELLECTUAL PROPERTY AND INTANGIBLE ASSETS (Details Narrative) (USD $)
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6 Months Ended | 12 Months Ended | ||
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Jun. 30, 2012
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Jun. 30, 2011
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Dec. 31, 2009
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Dec. 31, 2007
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| Notes to Financial Statements | ||||
| Amortization Of Intangible Assets | $ 809,041 | $ 16,331 | ||
| Amortization Of Other Assets | 22,694 | 2,574 | ||
| Intellectual Property Received From Related Party | 140,967 | |||
| Regional Territory License Intangible Asset | $ 150,000 | |||
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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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