Quarterly report pursuant to sections 13 or 15(d)

PROPERTY AND EQUIPMENT

v2.4.0.8
PROPERTY AND EQUIPMENT
 6 Months Ended
Jun. 30, 2013
PROPERTY AND EQUIPMENT [Abstract]  
PROPERTY AND EQUIPMENT

NOTE 4 - PROPERTY AND EQUIPMENT


The Company has total Property and Equipment as follows:


                 

 

 

June 30,

2013

 

 

December 31,

2012

 

Computer software (purchased)

 

$

590

 

 

$

590

 

Website development costs

 

 

10,072

 

 

 

10,072

 

Furniture, fixtures, and equipment

 

 

40,712

 

 

 

40,712

 

Leasehold improvements

 

 

1,664

 

 

 

1,664

 

 

 

 

53,038

 

 

 

53,038

 

Less accumulated depreciation and amortization

 

 

(37,590)

 

 

 

(34,732)

 

 

 

$

15,448

 

 

$

18,306

 


Depreciation expense of $1,429 and $2,858 was recorded for the three and six months ended June 30, 2013, respectively.