3. INTANGIBLE ASSETS

6 Months Ended

Jun. 30, 2014

Goodwill and Intangible Assets Disclosure [Abstract]

INTANGIBLE ASSETS

Intangible assets consist of the following:

	As of June 30, 2014			As of December 31, 2013
Patents and trademarks	$	34,771		$	33,465
Licenses		25,176			–
Platform development		619,545			504,777
		679,492			538,242
Less: accumulated amortization		(88,047	)		(42,990	)
Intangible assets, net	$	591,445		$	495,252

Intangible assets are amortized over their useful lives ranging from periods of 5 to 15 years.