Annual report pursuant to Section 13 and 15(d)

Note 4 - Property and Equipment

v3.8.0.1
Note 4 - Property and Equipment
12 Months Ended
Dec. 31, 2017
Notes  
Note 4 - Property and Equipment

NOTE 4 – PROPERTY AND EQUIPMENT

 

Property and equipment at December 31, 2017 and 2016 consist of the following:

 

 

 

December 31,

2017

 

December 31,

2016

 

 

 

 

 

Furniture & fixtures

$

20,000

$

20,000

Equipment

 

80,000

 

80,000

 

 

 

 

 

 

 

100,000

 

100,000

Less accumulated depreciation and amortization

 

(100,000)

 

(81,250)

 

 

 

 

 

 

$

-

$

18,750

 

Depreciation and amortization was $18,750 and $25,000 for the years ended December 31, 2017 and 2016, respectively.