A timers for Node.js

timer.js

var now = new Date();
var valuatedAt = new Date();
var maxTime = new Date();

valuatedAt.setMinutes(now.getMinutes() - 1);
maxTime.setMinutes(valuatedAt.getMinutes());
maxTime.setSeconds(valuatedAt.getSeconds() + 80);

console.log('Initialization....');
console.log('now: ' + now);
console.log('valuatedAt: ' + valuatedAt);
console.log('maxTime: ' + maxTime);
console.log('---------------------------');

var interval = setInterval(function() {
    var now = new Date();
    console.log('Comparing ' + maxTime + ' and ' + now);

    diffResult = maxTime > now;
    console.log(maxTime > now);

    if (!diffResult) {
        clearInterval(interval);
    }
}, 2000);