EMOT NOTE 5. PATENTS The Company has commenced the patent application process for various designs of its electric motorized vehicles. Patents are initially measured based on their fair values. Patents will be amortized on a straight-line basis over a period of 10 to 25 years when the patent process is considered complete. In April 2012, the patent was approved. Amortization for the patent will begin accruing accordingly with the completion of the patent process. NOTE 6. DEFICIENCY IN ASSETS During 2009, a related party working on the Company’s vehicle prototype