Annual report pursuant to Section 13 and 15(d)

NOTE 3. FIXED ASSETS

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NOTE 3. FIXED ASSETS
12 Months Ended
Dec. 31, 2013
Notes to Financial Statements  
NOTE 3. FIXED ASSETS

Fixed asset values recorded at cost are as follows:                                                                                     

 

    December 31,  
    2013     2012  
                 
Automobile   $ -     $ -  
Office and Lab Equipment     32,127       31,616  
Furniture and fixtures     11,556       11,556  
      43,683       43,172  
                 
Less accumulated depreciation      (42,453 )     (41,676 )
Total   $ 1,230     $ 1,496  

 

Depreciation expense in 2012 and 2013 was $606 and $777 respectively.