XML 17 R7.htm IDEA: XBRL DOCUMENT v3.5.0.2
PROPERTY AND EQUIPMENT, NET
9 Months Ended
Sep. 30, 2016
Property, Plant and Equipment [Abstract]  
Property, Plant and Equipment Disclosure [Text Block]
NOTE 2 – PROPERTY AND EQUIPMENT, NET
 
Property and equipment, net consist of the following:
 
 
 
As of
 
 
 
 
 
September 30, 2016
 
As of
 
 
 
(Unaudited)
 
December 31,2015
 
 
 
 
 
 
 
Cost:
 
 
 
 
 
 
 
Leasehold improvement
 
$
458,419
 
$
471,110
 
Furniture, fixtures and equipment
 
 
139,115
 
 
142,967
 
 
 
 
 
 
 
 
 
 
 
 
597,534
 
 
614,077
 
Less: Accumulated depreciation
 
 
(398,428)
 
 
(336,301)
 
 
 
 
 
 
 
 
 
 
 
$
199,106
 
$
277,776
 
 
Depreciation expense was $ 62,127  and $97,677  for the period ended September 30, 2016 and September 30, 2015 respectively.