Quarterly report pursuant to Section 13 or 15(d)

NOTE 3. PROPERTY & EQUIPMENT

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NOTE 3. PROPERTY & EQUIPMENT
3 Months Ended
Mar. 31, 2015
Notes to Financial Statements  
NOTE 3. PROPERTY & EQUIPMENT

Fixed asset values recorded at cost are as follows:

 

    March 31,     December 31,  
    2015     2014  
             
Office and Lab Equipment   $ 32,127     $ 32,127  
Furniture and fixtures        11,556       11,556  
      43,683       43,683  
Less accumulated depreciation     (43,413       (43,229  
Net   $ 270     $ 454  

 

  

Depreciation expense for the three months ended March 31, 2015 and 2014 was $184 and $194, respectively.