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12. LOSS FROM IMPAIRMENT (Annual Report)
12 Months Ended
Dec. 31, 2012
Annual Report
 
LOSS FROM IMPAIRMENT

 

12. LOSS FROM IMPAIRMENT

 

The Company realized impairment losses during the year ended December 31, 2011 as follows:

 

Intellectual property-licenses  $682,226
Intellectual property-The Gator 147,507
Investment in Visisys Technology 55,500
                          $885,233