Annual report pursuant to Section 13 and 15(d)

5. ACQUISITION OF ASSETS OF PHYTOSPHERE SYSTEMS, LLC (Details-Intangible assets)

v2.4.0.8
5. ACQUISITION OF ASSETS OF PHYTOSPHERE SYSTEMS, LLC (Details-Intangible assets) (USD $)
Dec. 31, 2013
Dec. 31, 2012
Intangible assets $ 4,110,000  
Accumulated amortization 753,500  
Net 3,356,500 0
Vendor relationships
   
Intangible assets 1,170,000  
Accumulated amortization 214,500  
Net 955,500  
Trade name
   
Intangible assets 230,000  
Accumulated amortization 42,167  
Net 187,833  
Noncompete agreement
   
Intangible assets 2,710,000  
Accumulated amortization 496,833  
Net $ 2,213,167