Quarterly report pursuant to Section 13 or 15(d)

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

v2.4.1.9
Note 4 - Property and Equipment: Property, Plant and Equipment (Tables)
6 Months Ended
Jun. 30, 2014
Tables/Schedules  
Property, Plant and Equipment

 

 

June 30,

December 31,

 

2014

2013

 

 

 

Land

$4,550,210

$4,512,630

Plantation development costs

$10,595,936

$10,311,286

Plantation equipment

$1,711,880

$1,510,878

Office equipment

$109,643

$299,755

 

 

 

Total cost

16,967,667

16,634,549

Less accumulated depreciation

(1,287,019)

(1,138,768)

 

 

 

Property and equipment, net

$15,680,648

$15,495,781