move time into its own file and folder

js/time/time.js

@@ -0,0 +1,31 @@
+var time = {
+	timeFormat: config.time.timeFormat || 24,
+	dateLocation: '.date',
+	timeLocation: '.time',
+	updateInterval: 1000,
+	intervalId: null
+};
+
+time.updateTime = function () {
+
+	var _now = moment(),
+		_date = _now.format('dddd, LL');
+
+	$(this.dateLocation).html(_date);
+	$(this.timeLocation).html(_now.format(this._timeFormat+':mm[<span class="sec">]ss[</span>]'));
+
+}
+
+time.init = function () {
+
+	if (parseInt(time.timeFormat) === 12) {
+		time._timeFormat = 'hh'
+	} else {
+		time._timeFormat = 'HH';
+	}
+
+	this.intervalId = setInterval(function () {
+		this.updateTime();
+	}.bind(this), 1000);
+
+}