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
Property, Plant and Equipment [Abstract]  
Note 6 - PROPERTY AND EQUIPMENT

Property and equipment consisted of the following:

 

    March 31,     December 31,  
    2016     2015  
Office furniture and fixtures   $ 92,040     $ 95,434  
Computer equipment     24,968       24,766  
Appliques     2,160,096       2,160,096  
Website development     96,577       92,399  
                 
Less accumulated depreciation     (221,199 )     (154,002 )
                 
Total   $ 2,152,482     $ 2,218,693  

 

Depreciation expense was $69,529 for the three months ended March 31, 2016.  For the three months ended March 31, 2015 depreciation expense was $8,655.