Note 7 - Property And Equipment

6 Months Ended

Jun. 30, 2019

Disclosure Text Block [Abstract]

Note 7 - Property And Equipment

NOTE 7 – PROPERTY AND EQUIPMENT

As of June 30, 2019, the Company’s property and equipment consists of the following:

	Estimated	June 30,	December 31,
	Useful Lives	2019	2018
Land	n/a	$ 908,271	$ 908,271
Buildings and improvements	5-30 years	2,391,922	2,391,922
Machinery and equipment	3-8 years	893,562	424,461
Office furniture and equipment	3-8 years	26,120	23,146
Construction in progress	n/a	4,964,404	1,712,043
Total		9,184,279	5,459,843
Less accumulated depreciation		(248,552)	(212,534)
Net property and equipment		$ 8,935,727	$ 5,247,309

For the six months ended June 30, 2019 and 2018, the Company had depreciation expense of $36,018 and $31,999, respectively.