Annual report pursuant to section 13 and 15(d)

FURNITURE AND EQUIPMENT

v2.4.0.8
FURNITURE AND EQUIPMENT
12 Months Ended
Dec. 31, 2012
Property, Plant and Equipment [Abstract]  
Property, Plant and Equipment Disclosure [Text Block]
NOTE 3 — FURNITURE AND EQUIPMENT

 

Furniture and equipment as of December 31, 2012 and 2011 is summarized as follows:
 
 
 
2012
 
2011
 
Office furniture and equipment
 
$
78,535
 
$
42,862
 
Less: accumulated depreciation
 
 
(31,641)
 
 
(17,312)
 
 
 
$
46,894
 
$
25,550
 
 
Depreciation expense for the years ended December 31, 2012 and 2011 was $14,329 and $9,300, respectively.