Quarterly report pursuant to Section 13 or 15(d)

Note 4 - Property and Equipment: Property and Equipment (Tables)

v2.4.0.8
Note 4 - Property and Equipment: Property and Equipment (Tables)
9 Months Ended
Sep. 30, 2013
Tables/Schedules  
Property and Equipment

 

 

 

 

 

September 30, 2013

December 31, 2012

 

 

 

Land

$4,488,103

$4,539,314

Plantation development costs

10,202,721

9,229,638

Plantation equipment

1,694,564

1,546,971

Office equipment

109,005

108,598

 

 

 

Total cost

16,494,393

15,424,521

Less accumulated depreciation

(1,083,762)

(865,518)

 

 

 

Property and equipment, net

$15,410,631

$14,559,002