Quarterly report pursuant to sections 13 or 15(d)

NOTE 4 PROPERTY AND EQUIPMENT

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NOTE 4 PROPERTY AND EQUIPMENT
 6 Months Ended
Jun. 30, 2011
Notes to Financial Statements  
NOTE 4 PROPERTY AND EQUIPMENT

 

NOTE 4 – PROPERTY AND EQUIPMENT

  As of  As of 
  June 30, 2011 December 31, 2010
     
Computer software (developed) $19,350 $162,346
Computer software (purchased) 590 590
Web site development                                                  10,072 10,072
Furniture, fixtures, and equipment 37,983 27,752
  67,995 200,760
Less accumulated depreciation and amortization 23,102 181,076
  $44,893 $19,684

 

 

Depreciation and amortization expense for property and equipment was $4,372 and $ 84,902 for the six months ended June 30, 2011 and 2010, respectively.