Quarterly report pursuant to Section 13 or 15(d)

PROPERTY AND EQUIPMENT

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PROPERTY AND EQUIPMENT
3 Months Ended
Mar. 31, 2015
Notes to Financial Statements  
PROPERTY AND EQUIPMENT

NOTE 4 – PROPERTY AND EQUIPMENT

 

Furniture, fixtures and equipment, stated at cost, less accumulated depreciation and consisted of the following at:                

    March 31, 2015     December 31, 2014
Furniture Fixtures &Equipment  $ 164,120   $ 164,120
Leasehold improvements   12,230     12,230
Less: accumulated depreciation   (96,627)     (85,585)
 Fixed assets, net $ 79,723   $ 90,765

  

Depreciation expense

 

Depreciation expense for the three months ended March 31, 2015 and 2014 was $11,042 and $8,322, respectively.