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Property and Equipment

9 Months Ended

Sep. 30, 2014

Property, Plant and Equipment [Abstract]

Note 3 - Property and Equipment

Property and equipment stated at cost, less accumulated depreciation and amortization, consisted of the following:

	September 30, 2014			December 31, 2013			Estimated Useful Life
Computer Equipment	$	23,438			16,544		3 years
Equipment		269,449			7,175		5 years
Furniture & Fixtures		48,952			37,850		7 years
		341,839			61,569
Less: Accumulated depreciation and amortization		(38,117	)		(10,609	)
	$	303,722		$	50,960

Depreciation and Amortization Expense

Depreciation and amortization expense was $27,508 and $4,242 for the nine months ended September 30, 2014 and 2013, respectively.

- Definition

The entire disclosure for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures.

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