Quarterly report pursuant to Section 13 or 15(d)

PROPERTY AND EQUIPMENT

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PROPERTY AND EQUIPMENT
3 Months Ended
Mar. 31, 2016
Notes to Financial Statements  
Note 4 - PROPERTY AND EQUIPMENT

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

 

   

March 31,

2016

   

December 31,

2015

 
                 
Office equipment    $ 15,137     $ 15,137  
Computer equipment      2,574       2,574  
Leasehold improvements      20,014       20,014  
      37,725       37,725  
Less accumulated depreciation      (34,398 )     (33,825 )
    $ 3,327     $ 3,900  

 

Depreciation expense charged to operations amounted to $573 and $478, respectively, for the three months ended March 31, 2016 and 2015, respectively.