Intangible Assets

3 Months Ended

Dec. 31, 2012

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill and Intangible Assets Disclosure [Text Block]

Note 5 – Intangible Assets

Intangible assets at December 31, 2012 and September 30, 2012 consist of the following:

	Useful		Gross		Accumulated
December 31, 2012	Life (years)		Amount		Amortization		Net
Acquired Customer Base		5-15	$	7,858,775	$	2,387,612	$	5,471,163
Know How		15		512,000		172,115		339,885
Trade Names		15 - Indefinite		558,435		66,872		491,563
Biomedical Technologies		5		300,000		75,003		224,997
			$	9,229,210	$	2,701,602	$	6,527,608

	Useful		Gross		Accumulated
September 30, 2012	Life (years)		Amount		Amortization		Net
Acquired Customer Base		5-15	$	7,858,775	$	2,257,533	$	5,601,242
Know How		15		512,000		145,147		366,853
Trade Names		15 - Indefinite		558,435		63,222		495,213
Biomedical Technologies		5		300,000		60,003		239,997
			$	9,229,210	$	2,525,905	$	6,703,305

Amortization expense for the three months ended December 31, 2012 and 2011 was $181,268 and $162,803respectively. Estimated amortization expense for each of the next five fiscal years is as follows:

	2013 (9 Months)		2014		2015		2016		2017		Thereafter		Total
Acquired Customer Base	$	406,961	$	542,615	$	542,615	$	542,615	$	542,615	$	2,893,742	$	5,471,163
Know How		25,600		34,133		34,133		34,133		34,133		177,753		339,885
Trade Names		10,950		14,600		14,600		14,600		14,600		81,992		151,342
Biomedical Technologies		45,000		60,000		60,000		59,997		-0-		-0-		224,997
	$	488,511	$	651,348	$	651,348	$	651,345	$	591,348	$	3,153,487	$	6,187,387