Quarterly report pursuant to Section 13 or 15(d)

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

v2.4.0.8
Note 4 - Property and Equipment: Property, Plant and Equipment (Tables)
3 Months Ended
Mar. 31, 2014
Tables/Schedules  
Property, Plant and Equipment

 

 

March 31,

December 31,

 

2014

2013

 

 

 

Land

$4,512,147

$4,512,630

Plantation development costs

$10,523,633

$10,311,286

Plantation equipment

$1,510,723

$1,510,878

Office equipment

$299,748

$299,755

 

 

 

Total cost

16,846,251

16,634,549

Less accumulated depreciation

(1,211,525)

(1,138,768)

 

 

 

Property and equipment, net

$15,634,726

$15,495,781