Quarterly report pursuant to Section 13 or 15(d)

PROPERTY AND EQUIPMENT

v3.4.0.3
PROPERTY AND EQUIPMENT
3 Months Ended
Mar. 31, 2016
PROPERTY AND EQUIPMENT  
PROPERTY AND EQUIPMENT

NOTE 3 - PROPERTY AND EQUIPMENT

 

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

 

 

 

March 31, 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

 

(62,500)

 

(56,250)

 

 

 

 

 

 

$

37,500

$

43,750

 

Depreciation and amortization was $6,250 and $6,250 for the three months ended March 31, 2016 and 2015 respectively.