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DEFINITE-LIFE INTANGIBLE ASSETS
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Dec. 31, 2011
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| DEFINITE-LIFE INTANGIBLE ASSETS |
NOTE 6 – DEFINITE-LIFE INTANGIBLE ASSETS
Definite-life intangible assets at December 31, 2011 and 2010 consist of the following:
The Company’s definite-life intangible assets are being amortized, upon being placed in service, over 15 years, the estimated useful lives of the assets, with no residual value. Amortization expense was $967 and $966 for the years ended December 31, 2010 and 2011, respectively.
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