XML 23 R11.htm IDEA: XBRL DOCUMENT v3.19.1
Note 5 - Property And Equipment
12 Months Ended
Dec. 31, 2018
Disclosure Text Block [Abstract]  
Note 5 - Property And Equipment

NOTE 5 – PROPERTY AND EQUIPMENT

 

As of December 31, 2018 and 2017, the Company’s property and equipment consisted of the following:

 

  Estimated   December 31,   December 31,
  Useful Lives   2018   2017
           
Land n/a   $ 908,271      $ 556,000   
Buildings and improvements 5-30 years   2,391,922      1,794,000   
Machinery and equipment 3-8 years   424,461      -   
Office furniture and equipment 3-8 years   23,146      -   
Construction in progress n/a   1,712,043      -   
Total     5,459,843      2,350,000   
Less accumulated depreciation     (212,534)     (147,727)  
Net property and equipment     $ 5,247,309      $ 2,202,273   

 

For the years ended December 31, 2018 and 2017, the Company had depreciation expense of $64,807 and $27,796, respectively.