Quarterly report pursuant to Section 13 or 15(d)

PROPERTY AND EQUIPMENT

v3.5.0.2
PROPERTY AND EQUIPMENT
6 Months Ended
Jun. 30, 2016
PROPERTY AND EQUIPMENT  
PROPERTY AND EQUIPMENT

NOTE 3 - PROPERTY AND EQUIPMENT

 

Property and equipment at June 30, 2016 and December 31, 2015 consists of the following:

 

 

 

June 30, 2016

 

December 31, 2015

 

 

(Unaudited)

 

 

Furniture and fixtures

$

20,000

$

20,000

Equipment

 

80,000

 

80,000

 

 

 

 

 

 

 

100,000

 

100,000

Less accumulated depreciation and amortization

 

(68,750)

 

(56,250)

 

 

 

 

 

 

$

31,250

$

43,750

 

Depreciation and amortization was $12,500 and $12,500 for the six months ended June 30, 2016 and 2015 respectively.