Annual report pursuant to Section 13 and 15(d)

NOTE 3. PROPERTY & EQUIPMENT

v3.3.1.900
NOTE 3. PROPERTY & EQUIPMENT
12 Months Ended
Dec. 31, 2015
Notes to Financial Statements  
NOTE 3. PROPERTY & EQUIPMENT

Property and equipment values recorded at cost are as follows:

 

 
 
 
 
Dec. 31,
2015
 
 
 
 
Dec. 31,
2014
 
 
             
Office and Lab Equipment   $ 32,127     $ 32,127  
Furniture and fixtures     11,556       11,556  
      43,683       43,683  
Less accumulated depreciation     (43,683 )     (43,229 )
Property & Equipment, Net   $ -     $ 454  

 

Depreciation expense for the years ended December 31, 2015 and 2014 was $454 and $776, respectively.