2.4.0.8006 - Disclosure - Note 2 - Property and Equipmenttruefalsefalse1false falsefalsec31_From1Jan2013To30Jun2013http://www.sec.gov/CIK0001512074duration2013-01-01T00:00:002013-06-30T00:00:001true 1us-gaap_PropertyPlantAndEquipmentAbstractus-gaap_truenadurationfalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse00falsefalsefalsexbrli:stringItemTypestringfalse0Property, Plant and Equipment [Abstract]2false 2us-gaap_PropertyPlantAndEquipmentDisclosureTextBlockus-gaap_truenadurationfalsefalsefalsefalsefalsefalsefalsefalseterseLabel1falsefalsefalse00<p style="TEXT-ALIGN: justify; LINE-HEIGHT: 1.25; MARGIN: 0pt" id="PARA2664"> <font style="FONT-FAMILY: Times New Roman, Times, serif; FONT-SIZE: 10pt"><b>2. Property and Equipment</b></font> </p><br/><p style="TEXT-ALIGN: justify; LINE-HEIGHT: 1.25; MARGIN: 0pt" id="PARA2666"> <font style="FONT-FAMILY: Times New Roman, Times, serif; FONT-SIZE: 10pt">Property and equipment consist of the following at June 30, 2013 and January 31, 2013:</font> </p><br/><table style="TEXT-INDENT: 0px; WIDTH: 95%; FONT-FAMILY: Times New Roman, Times, serif; FONT-SIZE: 10pt; MARGIN-RIGHT: 5%" id="TBL2676" border="0" cellspacing="0" cellpadding="0"> <tr id="TBL2676.finRow.1"> <td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; VERTICAL-ALIGN: bottom"> &#160; </td> <td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; VERTICAL-ALIGN: bottom" id="TBL2676.finRow.1.lead.D2"> &#160; </td> <td style="BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; VERTICAL-ALIGN: bottom" id="TBL2676.finRow.1.amt.D2" colspan="2"> <p style="TEXT-ALIGN: center"> <b>June 30, 2013</b> </p> </td> <td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; PADDING-BOTTOM: 1px; BACKGROUND-COLOR: #ffffff; VERTICAL-ALIGN: bottom" id="TBL2676.finRow.1.trail.D2"> &#160; </td> <td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; VERTICAL-ALIGN: bottom" id="TBL2676.finRow.1.lead.D3"> &#160; </td> <td style="BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: center; BACKGROUND-COLOR: #ffffff; VERTICAL-ALIGN: bottom" id="TBL2676.finRow.1.amt.D3" colspan="2"> <b>January 31, 2013</b> </td> <td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; PADDING-BOTTOM: 1px; BACKGROUND-COLOR: #ffffff; VERTICAL-ALIGN: bottom" id="TBL2676.finRow.1.trail.D3"> &#160; </td> </tr> <tr id="TBL2676.finRow.2"> <td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 68%; FONT-FAMILY: Times New Roman, Times, serif; MARGIN-LEFT: 12.95pt; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom"> <p style="TEXT-ALIGN: left; LINE-HEIGHT: 1.25; TEXT-INDENT: -12.95pt; MARGIN: 0pt 0pt 0pt 12.95pt" id="PARA2668"> <font style="FONT-FAMILY: Times New Roman, Times, serif; FONT-SIZE: 10pt">Machinery and equipment</font> </p> </td> <td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" id="TBL2676.finRow.2.lead.2"> &#160; </td> <td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" id="TBL2676.finRow.2.symb.2"> $ </td> <td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 13%; VERTICAL-ALIGN: bottom" id="TBL2676.finRow.2.amt.2"> 873,874 </td> <td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; MARGIN-LEFT: 0pt; VERTICAL-ALIGN: bottom" id="TBL2676.finRow.2.trail.2" nowrap="nowrap"> &#160; </td> <td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" id="TBL2676.finRow.2.lead.3"> &#160; </td> <td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" id="TBL2676.finRow.2.symb.3"> $ </td> <td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 13%; VERTICAL-ALIGN: bottom" id="TBL2676.finRow.2.amt.3"> 2,424,874 </td> <td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; MARGIN-LEFT: 0pt; VERTICAL-ALIGN: bottom" id="TBL2676.finRow.2.trail.3" nowrap="nowrap"> &#160; </td> </tr> <tr id="TBL2676.finRow.3"> <td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; FONT-FAMILY: Times New Roman, Times, serif; MARGIN-LEFT: 12.95pt; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom"> <p style="TEXT-ALIGN: left; LINE-HEIGHT: 1.25; TEXT-INDENT: -12.95pt; MARGIN: 0pt 0pt 0pt 12.95pt" id="PARA2670"> <font style="FONT-FAMILY: Times New Roman, Times, serif; FONT-SIZE: 10pt">Furniture and fixtures</font> </p> </td> <td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: Times New Roman, Times, serif; MARGIN-LEFT: 12.95pt; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" id="TBL2676.finRow.3.lead.2"> &#160; </td> <td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: Times New Roman, Times, serif; MARGIN-LEFT: 12.95pt; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" id="TBL2676.finRow.3.symb.2"> &#160; </td> <td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 13%; FONT-FAMILY: Times New Roman, Times, serif; MARGIN-LEFT: 12.95pt; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" id="TBL2676.finRow.3.amt.2"> 127,773 </td> <td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: Times New Roman, Times, serif; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" id="TBL2676.finRow.3.trail.2" nowrap="nowrap"> &#160; </td> <td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: Times New Roman, Times, serif; MARGIN-LEFT: 12.95pt; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" id="TBL2676.finRow.3.lead.3"> &#160; </td> <td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: Times New Roman, Times, serif; MARGIN-LEFT: 12.95pt; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" id="TBL2676.finRow.3.symb.3"> &#160; </td> <td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 13%; FONT-FAMILY: Times New Roman, Times, serif; MARGIN-LEFT: 12.95pt; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" id="TBL2676.finRow.3.amt.3"> 646,643 </td> <td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: Times New Roman, Times, serif; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" id="TBL2676.finRow.3.trail.3" nowrap="nowrap"> &#160; </td> </tr> <tr id="TBL2676.finRow.4"> <td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; FONT-FAMILY: Times New Roman, Times, serif; MARGIN-LEFT: 12.95pt; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom"> <p style="TEXT-ALIGN: left; LINE-HEIGHT: 1.25; TEXT-INDENT: -12.95pt; MARGIN: 0pt 0pt 0pt 12.95pt" id="PARA2671"> <font style="FONT-FAMILY: Times New Roman, Times, serif; FONT-SIZE: 10pt">Software</font> </p> </td> <td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: Times New Roman, Times, serif; MARGIN-LEFT: 12.95pt; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" id="TBL2676.finRow.4.lead.2"> &#160; </td> <td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: Times New Roman, Times, serif; MARGIN-LEFT: 12.95pt; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" id="TBL2676.finRow.4.symb.2"> &#160; </td> <td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 13%; FONT-FAMILY: Times New Roman, Times, serif; MARGIN-LEFT: 12.95pt; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" id="TBL2676.finRow.4.amt.2"> 640,516 </td> <td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: Times New Roman, Times, serif; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" id="TBL2676.finRow.4.trail.2" nowrap="nowrap"> &#160; </td> <td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: Times New Roman, Times, serif; MARGIN-LEFT: 12.95pt; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" id="TBL2676.finRow.4.lead.3"> &#160; </td> <td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: Times New Roman, Times, serif; MARGIN-LEFT: 12.95pt; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" id="TBL2676.finRow.4.symb.3"> &#160; </td> <td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 13%; FONT-FAMILY: Times New Roman, Times, serif; MARGIN-LEFT: 12.95pt; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" id="TBL2676.finRow.4.amt.3"> 1,828,705 </td> <td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: Times New Roman, Times, serif; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" id="TBL2676.finRow.4.trail.3" nowrap="nowrap"> &#160; </td> </tr> <tr id="TBL2676.finRow.5"> <td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; FONT-FAMILY: Times New Roman, Times, serif; MARGIN-LEFT: 12.95pt; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom"> <p style="TEXT-ALIGN: left; LINE-HEIGHT: 1.25; TEXT-INDENT: -12.95pt; MARGIN: 0pt 0pt 0pt 12.95pt" id="PARA2672"> <font style="FONT-FAMILY: Times New Roman, Times, serif; FONT-SIZE: 10pt">Leasehold improvements</font> </p> </td> <td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: Times New Roman, Times, serif; MARGIN-LEFT: 12.95pt; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" id="TBL2676.finRow.5.lead.2"> &#160; </td> <td style="BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: Times New Roman, Times, serif; MARGIN-LEFT: 12.95pt; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" id="TBL2676.finRow.5.symb.2"> &#160; </td> <td style="BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 13%; FONT-FAMILY: Times New Roman, Times, serif; MARGIN-LEFT: 12.95pt; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" id="TBL2676.finRow.5.amt.2"> 18,016 </td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1px; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: Times New Roman, Times, serif; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" id="TBL2676.finRow.5.trail.2" nowrap="nowrap"> &#160; </td> <td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: Times New Roman, Times, serif; MARGIN-LEFT: 12.95pt; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" id="TBL2676.finRow.5.lead.3"> &#160; </td> <td style="BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: Times New Roman, Times, serif; MARGIN-LEFT: 12.95pt; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" id="TBL2676.finRow.5.symb.3"> &#160; </td> <td style="BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 13%; FONT-FAMILY: Times New Roman, Times, serif; MARGIN-LEFT: 12.95pt; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" id="TBL2676.finRow.5.amt.3"> 269,087 </td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1px; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: Times New Roman, Times, serif; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" id="TBL2676.finRow.5.trail.3" nowrap="nowrap"> &#160; </td> </tr> <tr id="TBL2676.finRow.6"> <td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; VERTICAL-ALIGN: bottom"> &#160; </td> <td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" id="TBL2676.finRow.6.lead.2"> &#160; </td> <td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" id="TBL2676.finRow.6.symb.2"> &#160; </td> <td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 13%; VERTICAL-ALIGN: bottom" id="TBL2676.finRow.6.amt.2"> 1,660,179 </td> <td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; MARGIN-LEFT: 0pt; VERTICAL-ALIGN: bottom" id="TBL2676.finRow.6.trail.2" nowrap="nowrap"> &#160; </td> <td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" id="TBL2676.finRow.6.lead.3"> &#160; </td> <td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" id="TBL2676.finRow.6.symb.3"> &#160; </td> <td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 13%; VERTICAL-ALIGN: bottom" id="TBL2676.finRow.6.amt.3"> 5,169,309 </td> <td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; MARGIN-LEFT: 0pt; VERTICAL-ALIGN: bottom" id="TBL2676.finRow.6.trail.3" nowrap="nowrap"> &#160; </td> </tr> <tr id="TBL2676.finRow.7"> <td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; FONT-FAMILY: Times New Roman, Times, serif; MARGIN-LEFT: 12.95pt; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom"> <p style="TEXT-ALIGN: left; LINE-HEIGHT: 1.25; TEXT-INDENT: -12.95pt; MARGIN: 0pt 0pt 0pt 12.95pt" id="PARA2673"> <font style="FONT-FAMILY: Times New Roman, Times, serif; FONT-SIZE: 10pt">Less accumulated depreciation and amortization</font> </p> </td> <td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom" id="TBL2676.finRow.7.lead.2"> &#160; </td> <td style="BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom" id="TBL2676.finRow.7.symb.2"> &#160; </td> <td style="BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 13%; VERTICAL-ALIGN: bottom" id="TBL2676.finRow.7.amt.2"> 141,571 </td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1px; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; MARGIN-LEFT: 0pt; VERTICAL-ALIGN: bottom" id="TBL2676.finRow.7.trail.2" nowrap="nowrap"> &#160; </td> <td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom" id="TBL2676.finRow.7.lead.3"> &#160; </td> <td style="BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom" id="TBL2676.finRow.7.symb.3"> &#160; </td> <td style="BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 13%; VERTICAL-ALIGN: bottom" id="TBL2676.finRow.7.amt.3"> 4,206,240 </td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1px; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; MARGIN-LEFT: 0pt; VERTICAL-ALIGN: bottom" id="TBL2676.finRow.7.trail.3" nowrap="nowrap"> &#160; </td> </tr> <tr id="TBL2676.finRow.8"> <td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; FONT-FAMILY: Times New Roman, Times, serif; MARGIN-LEFT: 0.9pt; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom"> <p style="TEXT-ALIGN: left; LINE-HEIGHT: 1.25; MARGIN: 0pt 0pt 0pt 0.9pt" id="PARA2674"> <font style="FONT-FAMILY: Times New Roman, Times, serif; FONT-SIZE: 10pt">Property and equipment, net</font> </p> </td> <td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" id="TBL2676.finRow.8.lead.2"> &#160; </td> <td style="BORDER-BOTTOM: #000000 3px double; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" id="TBL2676.finRow.8.symb.2"> $ </td> <td style="BORDER-BOTTOM: #000000 3px double; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 13%; VERTICAL-ALIGN: bottom" id="TBL2676.finRow.8.amt.2"> 1,518,608 </td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 3px; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; MARGIN-LEFT: 0pt; VERTICAL-ALIGN: bottom" id="TBL2676.finRow.8.trail.2" nowrap="nowrap"> &#160; </td> <td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" id="TBL2676.finRow.8.lead.3"> &#160; </td> <td style="BORDER-BOTTOM: #000000 3px double; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" id="TBL2676.finRow.8.symb.3"> $ </td> <td style="BORDER-BOTTOM: #000000 3px double; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 13%; VERTICAL-ALIGN: bottom" id="TBL2676.finRow.8.amt.3"> 963,069 </td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 3px; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; MARGIN-LEFT: 0pt; VERTICAL-ALIGN: bottom" id="TBL2676.finRow.8.trail.3" nowrap="nowrap"> &#160; </td> </tr> </table><br/><p style="TEXT-ALIGN: justify; LINE-HEIGHT: 1.25; MARGIN: 0pt" id="PARA2678"> <font style="FONT-FAMILY: Times New Roman, Times, serif; FONT-SIZE: 10pt">Depreciation and expense for the period April 20, 2013&#160;through June 30, 2013 was $127,431. <font style="FONT-FAMILY: Times New Roman, Times, serif; FONT-SIZE: 10pt">Depreciation expense for the Predecessor Company for the six months ended July 31, 2012 was $321,768.</font></font> </p><br/>falsefalsefalsenonnum:textBlockItemTypenaThe entire disclosure for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures.Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6391035&loc=d3e2868-110229 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6391110&loc=d3e2921-110230 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6360339&loc=d3e1361-107760 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.13-14) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 false0Property, Plant and Equipment Disclosure [Text Block]falseNote 2 - Property and EquipmentUnKnownUnKnownUnKnownUnKnowntruefalsefalseSheethttp://rmgnetworks.com/role/Note2PropertyandEquipment12