PROPERTY AND EQUIPMENT

12 Months Ended

Dec. 31, 2011

	2011			2010
Computer hardware	$	9,427		$	-
Source code		28,000			-
		37,427			-
Less accumulated depreciation and amortization		(2,357	)		-
Property and Equipment (net)		35,070

Depreciation and amortization expense	$	2,357		$	-

During the year ended December 31, 2011 the company acquired $28,000 of source code for cash.

- 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

Game Face Gaming, Inc. 10-K