NOTE 4: CONSTRUCTION IN PROGRESS |
12 Months Ended |
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Dec. 31, 2014 | |
| Property, Plant and Equipment [Abstract] | |
| Property, Plant and Equipment Disclosure [Text Block] |
NOTE 4: CONSTRUCTION IN PROGRESS
Construction in progress of $3,212,944 and $3,200,473 as of December 31, 2014 and 2013 consists of the first payments made during February 2013 of $2,000,000 and additional costs incurred through March, 2014 related to the construction of a 2-ton/hour test plant in Oklahoma. The total cost of the project, including testing to take place at a designated site in Oklahoma, is estimated at $6,000,000. Commissioning of the coal testing plant is expected during the fourth quarter of 2015.
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- References No definition available.
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- Definition The entire disclosure for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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