Quarterly report pursuant to Section 13 or 15(d)

Property, Plant, and Equipment (Tables)

Property, Plant, and Equipment (Tables)

3 Months Ended

Mar. 31, 2014

Property and equipment at March 31, 2014 and December 31, 2013 consists of the following:

		March 31, 2014		December 31, 2013
		(Unaudited)
Furniture and fixtures	$	20,000	$	20,000
Equipment		80,000		80,000

		100,000		100,000
Less accumulated depreciation and amortization		(12,500)		(6,250)

	$	87,500	$	93,750

- Definition

Tabular disclosure of the useful life and salvage value of long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software.

+ References + Details