Intangible Assets

9 Months Ended

Jun. 30, 2011

Goodwill and Intangible Assets Disclosure [Abstract]

Intangible Assets Disclosure [Text Block]

Note 4 – Intangible Assets

Intangible assets at June 30, 2011 and September 30, 2010 consist of the following:

	Useful		Gross		Accumulated
June 30, 2011	Life (years)		Amount		Amortization
Acquired Customer Base		5-15	$	7,025,413	$	1,460,412
Know How		15		512,000		102,400
Trade Names		15		219,000		43,800
Backlog		4		182,000		108,267
			$	7,938,413	$	1,714,879

	Useful		Gross		Accumulated
September 30, 2010	Life (years)		Amount		Amortization
Acquired Customer Base		5-15	$	7,025,413	$	1,104,648
Know How		15		512,000		76,800
Trade Names		15		219,000		32,850
Backlog		4		182,000		52,966
			$	7,938,413	$	1,267,264

Amortization expense for the three months ended June 30, 2011 and 2010 was $149,205 and $133,805 respectively.  Amortization expense for the nine months ended June 30, 2011 and 2010 was $447,615 and $401,415 respectively.  Estimated amortization expense for each of the next five fiscal years is as follows:

Estimated Remaining for the next 5 years
	Remaining
June 30, 2011	2011 (3 Mos)		2012		2013		2014		2015		2016
Acquired Customer Base	$	118,588	$	467,728	$	463,133	$	463,133	$	463,133	$	463,133
Know How		18,433		55,300		55,300		55,300		55,300		55,300
Trade Names		3,650		14,600		14,600		14,600		14,600		14,600
Backlog		18,433		55,300		0		0		0		0
	$	159,105	$	592,928	$	533,033	$	533,033	$	533,033	$	533,033