Quarterly report pursuant to Section 13 or 15(d)

Note 4 - PROPERTY AND EQUIPMENT

Note 4 - PROPERTY AND EQUIPMENT

6 Months Ended

Jun. 30, 2014

The Company’s property and equipment at June 30, 2014 and December 31, 2013:

	June 30, 2014			December 31, 2013
Office equipment	$	15,137		$	14,649
Computer equipment		2,574			2,574
Leasehold improvements		20,014			20,014
		37,725			37,237
Less accumulated depreciation		(30,164	)		(28,392	)

Depreciation expense charged to operations amounted to $859 and $1,771, respectively, for the three and six months ended June 30, 2014, respectively, and $836 and $1,491, respectively, for the three and six months ended June 30, 2013.

- Definition

The entire disclosure for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures.

+ References + Details