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12. Loss from Impairment
12 Months Ended
Dec. 31, 2011
Notes to Financial Statements  
12. Loss from Impairment

12.           LOSS FROM IMPAIRMENT

 

The Company realized impairment losses during the year ended December 31, 2011 as a result of writing down the values of the following assets:

 

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