Quarterly report pursuant to Section 13 or 15(d)

Fixed Assets

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Fixed Assets
9 Months Ended
Sep. 30, 2014
Property, Plant and Equipment [Abstract]  
Fixed Assets

NOTE 2 - FIXED ASSETS

 

Fixed assets consisted of the following at:

 

    September 30, 2014   December 31, 2013
Equipment   $ 106,861     $ 106,861  
Furniture & fixtures     3,964       3,964  
Leasehold improvements     274,637       274,637  
      385,462       385,462  
Less: accumulated depreciation and amortization     (212,293 )     (158,164 )
   Property and equipment, net   $ 173,169     $ 227,298  

 

Depreciation and amortization expense for the nine months ended September 30, 2014 and 2013 was $54,129 and, $54,199 respectively.