8. INTANGIBLE ASSETS (Tables)

6 Months Ended

Jun. 30, 2012

Schedule of Finite-Lived Intangible Assets by Major Class [Table Text Block] (Deprecated 2012-01-31)

	Gross		Accumulated		Carrying
June 30, 2012 (unaudited)	Amount		Amortization		Amount
Trademarks:
Wholesale	$	27,243,578	$	-	$	27,243,578
Retail		2,900,000		-		2,900,000
Patents		2,483,337		2,136,054		347,283
Customer relationships		1,000,000		1,000,000		-
Total Identified Intangibles	$	33,626,915	$	3,136,054	$	30,490,861
December 31, 2011
Trademarks:
Wholesale	$	27,243,578	$	-	$	27,243,578
Retail		2,900,000		-		2,900,000
Patents		2,460,790		2,111,261		349,529
Customer relationships		1,000,000		1,000,000		-
Total Identified Intangibles	$	33,604,368	$	3,111,261	$	30,493,107
June 30, 2011 (unaudited)
Trademarks:
Wholesale	$	27,243,578	$	-	$	27,243,578
Retail		2,900,000		-		2,900,000
Patents		2,447,750		2,087,060		360,690
Customer relationships		1,000,000		1,000,000		-
Total Identified Intangibles	$	33,591,328	$	3,087,060	$	30,504,268

Finite-Lived Intangible Assets, Amortization Method

2013	$	48,826
2014		48,053
2015		47,477
2016		44,704
2017		40,136