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Fixed Assets, Net
3 Months Ended
Mar. 31, 2012
Notes to Financial Statements  
Fixed Assets, Net

NOTE 4 – FIXED ASSETS, NET

 

The balances of fixed assets are as follows:

 

   March 31,
2012
   December 31,
2011
 
Leasehold Improvements  $346,875   $250,000 
Machinery & Equipment   534    534 
    347,409    250,534 
Accumulated Depreciation & Amortization   (204,753)   (175,634)
Net Fixed Assets  $142,656   $74,900 

 

The depreciation and amortization expense for the three ended March 31, 2012 and 2011 were $28,894 and $30,678, respectively.