8. IDENTIFIED INTANGIBLES (Tables)

9 Months Ended

Sep. 30, 2017

Disclosure Text Block [Abstract]

Schedule of Intangible Assets and Goodwill [Table Text Block]

A schedule of intangible assets is as follows:

	Gross		Accumulated		Carrying
September 30, 2017	Amount		Amortization		Amount
Trademarks:
Wholesale	$	29,343,578	$	-	$	29,343,578
Retail		2,900,000		-		2,900,000
Patents		2,595,477		2,413,054		182,423
Customer relationships		2,200,000		1,306,667		893,333
Total Identified Intangibles	$	37,039,055	$	3,719,721	$	33,319,334

	Gross		Accumulated		Carrying
December 31, 2016	Amount		Amortization		Amount
Trademarks:
Wholesale	$	29,343,578	$	-	$	29,343,578
Retail		2,900,000		-		2,900,000
Patents		2,595,477		2,376,694		218,783
Customer relationships		2,200,000		1,246,667		953,333
Total Identified Intangibles	$	37,039,055	$	3,623,361	$	33,415,694

	Gross		Accumulated		Carrying
September 30, 2016	Amount		Amortization		Amount
Trademarks:
Wholesale	$	32,343,578	$	-	$	32,343,578
Retail		2,900,000		-		2,900,000
Patents		2,595,477		2,363,898		231,579
Customer relationships		2,200,000		1,226,667		973,333
Total Identified Intangibles	$	40,039,055	$	3,590,565	$	36,448,490

Schedule of Finite-Lived Intangible Assets, Future Amortization Expense [Table Text Block]

Estimate of Aggregate Amortization Expense for the years ending December 31:
2018	$	121,468
2019		113,484
2020		110,578
2021		105,556
2022		101,969