Quarterly report pursuant to Section 13 or 15(d)

PROPERTY AND EQUIPMENT

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PROPERTY AND EQUIPMENT
9 Months Ended
Sep. 30, 2015
PROPERTY AND EQUIPMENT  
PROPERTY AND EQUIPMENT

 

NOTE 3 - PROPERTY AND EQUIPMENT

 

Property and equipment at September 30, 2015 and December 31, 2014 consists of the following:

 

 

 

September 30, 2015

 

December 31, 2014

 

 

(Unaudited)

 

 

Furniture and fixtures

$

20,000

$

20,000

Equipment

80,000

80,000

 

 

100,000

100,000

Less accumulated depreciation and amortization

(50,000)

(31,250)

 

 

$

50,000

$

68,750

 

Depreciation and amortization was $18,750 and $18,750 for the nine months ended September 30, 2015 and 2014 respectively.