Property and equipment

12 Months Ended

Dec. 31, 2011

Property, Plant and Equipment Disclosure [Text Block]

PROPERTY AND EQUIPMENT

At December 31, property and equipment consisted of the following:



	2011			2010			2009
Computer equipment and software	$	226,900		$	177,800		$	126,100
Office furniture and equipment	19,200			9,300			3,800
Website development costs	314,200			314,200			314,200
	560,300			501,300			444,100
Accumulated depreciation	(469,300		)	(429,500		)	(403,600		)
	$	91,000		$	71,800		$	40,500

Depreciation expense of property and equipment for the years ended December 31, 2011, 2010, and 2009 amounted to $39,700, $25,900, and $17,400

- Definition

The entire disclosure for long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software. This disclosure may include property plant and equipment accounting policies and methodology, a schedule of property, plant and equipment gross, additions, deletions, transfers and other changes, depreciation, depletion and amortization expense, net, accumulated depreciation, depletion and amortization expense and useful lives, income statement disclosures, assets held for sale and public utility disclosures.

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