Annual report pursuant to Section 13 and 15(d)

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

v2.4.0.8
Note 4 - Property and Equipment: Property and Equipment (Tables)
12 Months Ended
Dec. 31, 2013
Tables/Schedules  
Property and Equipment

 

 

December 31,

 

2013

2012

 

 

 

Land

$4,512,630

$4,539,314

Plantation development costs

10,311,286

9,229,638

Plantation equipment

1,510,878

1,546,971

Office equipment

299,755

108,598

 

 

 

Total cost

16,634,549

15,424,521

Less accumulated depreciation

(1,138,768)

(865,518)

 

 

 

Property and equipment, net

$15,495,781

$14,559,002