Intangible Assets, Net

3 Months Ended

Mar. 31, 2019

Notes to Financial Statements

NOTE 5 - Intangible Assets, Net

Intangible assets consisted of the following as of March 31, 2019 and December 31, 2018:

	March 31,			December 31,
	2019			2018
Exclusivity rights	$	-		$	137,900
Software		60,362			60,362
		60,362			198,262
Less accumulated amortization		(60,362	)		(198,262	)
Intangible assets, net	$	-		$	-

Intangible assets are being amortized as follows: Exclusivity rights - 12 months; and Software – 36 months.

Amortization expense for the three months ended March 31, 2019 and 2018 was $0 and $77,782, respectively.