Quarterly report pursuant to Section 13 or 15(d)

Note 4 - PROPERTY AND EQUIPMENT

Note 4 - PROPERTY AND EQUIPMENT

9 Months Ended

Sep. 30, 2013

The Company’s property and equipment at September 30, 2013 and December 31, 2012 :

	September 30, 2013			December 31, 2012
Office equipment	$	14,649		$	10,049
Computer equipment		2,574			509
Leasehold improvements		20,014			20,014
		37,237			30,572
Less accumulated depreciation		(27,557	)		(25,230	)
	$	9,680		$	5,342

Depreciation expense charged to operations amounted to $836 and $2,327, respectively, for the three and nine months ended September 30, 2013 and $487 and $1,461, respectively, for the three and nine months ended September 30, 2012.

- 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.

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