Quarterly report pursuant to Section 13 or 15(d)

PROPERTY AND EQUIPMENT

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PROPERTY AND EQUIPMENT
6 Months Ended
Jun. 30, 2016
Notes to Financial Statements  
Note 4 - PROPERTY AND EQUIPMENT

The Company's property and equipment at June 30, 2016 and December 31, 2015:

 

   

June 30,

2016

   

December 31,

2015

 
             
Office equipment   $ 25,764     $ 15,137  
Computer equipment     2,574       2,574  
Leasehold improvements     -       20,014  
      28,338       37,725  
Less accumulated depreciation     (11,682 )     (33,825 )
    $ 16,656     $ 3,900  

 

Depreciation expense charged to operations amounted to $795 and $1,368, respectively, for the three and six months ended June 30, 2016; and $634 and $1,112, respectively, for the three and six months ended June 30, 2015.