Quarterly report pursuant to sections 13 or 15(d)

NOTE 4 PROPERTY AND EQUIPMENT

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NOTE 4 PROPERTY AND EQUIPMENT
9 Months Ended
Sep. 30, 2011
Notes to Financial Statements  
NOTE 4 PROPERTY AND EQUIPMENT

NOTE 4 – PROPERTY AND EQUIPMENT

 

   As of  As of
       September 30, 2011      December 31, 2010
Computer software (developed)  $36,022   $162,346 
Computer software (purchased)   590    590 
Web site development   10,072    10,072 
Furniture, fixtures, and equipment   43,084    27,752 
    81,281    200,760 
Less accumulated depreciation and amortization   24,828    181,076 
   $64,940   $19,684 

 

Depreciation and amortization expense for property and equipment was $6,897 and $84,902 for the nine months ended September 30, 2011 and 2010, respectively.