3. EQUIPMENT

6 Months Ended

Jun. 30, 2011

Property, Plant and Equipment Disclosure [Text Block]

EQUIPMENT

Equipment consisted of the following as of June 30, 2011 and December 31, 2010:

	June 30, 2011			December 31, 2010

Equipment	$	47,897		$	49,260
NRE tooling		424,903			424,903
Test facility		-			83,477
Leasehold improvements		10,254			10,254
Web site development costs		13,566			13,566
		496,620			581,460
Accumulated depreciation		(267,038	)		(289,479	)

	$	229,582		$	291,981

During the three and six months ended June 20, 2011, loss on disposal of test equipment no longer used amounted to $14,544.

- Definition

The entire disclosure for long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software. This disclosure may include property plant and equipment accounting policies and methodology, a schedule of property, plant and equipment gross, additions, deletions, transfers and other changes, depreciation, depletion and amortization expense, net, accumulated depreciation, depletion and amortization expense and useful lives, income statement disclosures, assets held for sale and public utility disclosures.

+ References+ Details

Helix Wind, Corp. 10-Q