INTANGIBLE ASSETS (Details Narrative) (USD $)
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3 Months Ended | |
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Mar. 31, 2015
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Mar. 31, 2014
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Goodwill and Intangible Assets Disclosure [Abstract] | ||
Amortization expense | $ 6,250us-gaap_AmortizationOfIntangibleAssets | |
Shares issued for acquisition of intangible asset, value | $ 50,000us-gaap_StockIssuedDuringPeriodValueIssuedForNoncashConsiderations | |
Shares issued for acquisition of intangible asset | 1,000,000us-gaap_NoncashOrPartNoncashAcquisitionNoncashFinancialOrEquityInstrumentConsiderationSharesIssued1 |
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- Definition
The aggregate expense charged against earnings to allocate the cost of intangible assets (nonphysical assets not used in production) in a systematic and rational manner to the periods expected to benefit from such assets. As a noncash expense, this element is added back to net income when calculating cash provided by or used in operations using the indirect method. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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- Definition
The number of shares issued as [noncash or part noncash] consideration for a business or asset acquired. Noncash is defined as transactions during a period that affect recognized assets or liabilities but that do not result in cash receipts or cash payments in the period. "Part noncash" refers to that portion of the transaction not resulting in cash receipts or cash payments in the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Value of shares issued for noncash consideration for development stage entities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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