Note 8 - Intangible Assets

3 Months Ended

Mar. 31, 2019

Goodwill and Intangible Assets Disclosure [Abstract]

Note 8 - Intangible Assets

NOTE 8 – INTANGIBLE ASSETS

As of March 31, 2019, the intangible assets consist of the following:

	Estimated	March 31,
	Useful Life	2019
Technology licensing rights	2 years	$ 2,820,530
Total		2,820,530
Less accumulated amortization		(176,284)
Net intangible assets		$ 2,644,246

The technology licensing rights were acquired as part of the asset purchase agreement (see Note 5).  The Company has an exclusive license to water extraction technology for two years and a non-exclusive license in perpetuity.  For the three months ended March 31, 2019, the Company had amortization expense of $176,284.