Annual report pursuant to Section 13 and 15(d)

Property and Equipment

v2.4.0.8
Property and Equipment
12 Months Ended
Dec. 31, 2013
Property and Equipment [Abstract]  
Property and Equipment
Note 3 – Property and Equipment
 
Property and equipment consisted of the following at December 31, 2013 and 2012:
 
 
 Lives
 
2013
   
2012
 
               
Office equipment
 3-5 years
 
$
15,480
   
$
156,162
 
Furniture and fixture
 7 years
   
0
     
1,292
 
Total property and equipment
     
15,480
     
157,454
 
Less: accumulated depreciation
      1,560
 
   
154,444
 
Property and equipment, net
   
$
13,920
   
$
3,010
 
 
Depreciation expense for the years ended December 31, 2013 and 2012 were $1,560 and $581, respectively.