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FIXED ASSETS

12 Months Ended

Dec. 31, 2013

Property, Plant and Equipment [Abstract]

NOTE 5 – FIXED ASSETS

Fixed assets consist of the following:

	December 31,
	2013			2012
Equipment	$	108,458		$	67,668
Furniture and fixtures		46,625			46,625
Leasehold improvements		─			11,980
		155,083			126,273
Accumulated depreciation		(93,765	)		(60,600	)
TOTAL FIXED ASSETS	$	61,318		$	65,673

Depreciation expense for the years ended December 31, 2013, 2012, and 2011 was $45,145, $27,484 and $25,686, respectively. In December 2013, accumulated depreciation was reduced by $11,980 associated with leasehold improvements of our previously leased office property.

- 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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