Annual report pursuant to Section 13 and 15(d)

PROPERTY AND EQUIPMENT

v3.7.0.1
PROPERTY AND EQUIPMENT
12 Months Ended
Dec. 31, 2016
PROPERTY AND EQUIPMENT  
PROPERTY AND EQUIPMENT

NOTE 4 – PROPERTY AND EQUIPMENT

 

Property and equipment at December 31, 2016 and 2015 consist of the following:

 

 

 

December 31,

2016

 

December 31,

2015

 

 

 

 

 

Furniture & fixtures

$

20,000

$

20,000

Equipment

 

80,000

 

80,000

 

 

 

 

 

 

 

100,000

 

100,000

Less accumulated depreciation and amortization

 

(81,250)

 

(56,250)

 

 

 

 

 

 

$

18,750

$

43,750

 

Depreciation and amortization was $25,000 and $25,000 for the years ended December 31, 2016 and 2015, respectively.