Quarterly report pursuant to Section 13 or 15(d)

PROPERTY AND EQUIPMENT

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PROPERTY AND EQUIPMENT
 9 Months Ended
Sep. 30, 2016
Property, Plant and Equipment [Abstract]  
Note 6 - PROPERTY AND EQUIPMENT

Property and equipment consisted of the following:

    September 30,     December 31,  
    2016     2015  
Office furniture and fixtures   $ 114,092     $ 95,434  
Computer equipment     25,284       24,766  
Appliques     2,160,096       2,160,096  
Website development     108,706       92,399  
                 
Less accumulated depreciation     (339,963 )     (154,002 )
                 
Total   $ 2,067,698     $ 2,218,693  

 

Depreciation expense was $197,625 for the nine months ended September 30, 2016.  For the nine months ended September 30, 2015 depreciation expense was $53,908.