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Property and Equipment
3 Months Ended
Mar. 31, 2012
Property, Plant, and Equipment  
Property, Plant and Equipment Disclosure [Text Block]

NOTE 3. PROPERTY AND EQUIPMENT

 

Property and equipment as of December 31, 2011 consists of the following:













Acquisition cost:

Estimate useful life (year)

 

 

 

 

Office equipment

3 to 5

7,250

Computer

3

16,207

 

 

 

Subtotal

 

23,457

Less accumulated depreciation

 

(2,668)

Total

 

$US   20,789



Depreciation expenses were $0 and $ 0 for the year ended September 30, 2011 and six months ended march 31, 2012, respectively. With the exception of one computer which is fully depreciated, no property and equipment has yet to be utilized in production therefore no depreciation shall be recognized until usage commences.