Annual report pursuant to Section 13 and 15(d)

4. Property and Equipment

v2.4.1.9
4. Property and Equipment
12 Months Ended
Dec. 31, 2014
Property, Plant and Equipment [Abstract]  
4. Property and Equipment

At December 31, 2014 and 2013, property and equipment consists of the following:

 

    December 31,  
    2014     2013  
             
Office equipment   $ 65,051     $ 65,051  
Furniture and fixtures     4,075       4,075  
Subtotal     69,126       69,126  
Less accumulated depreciation     (47,180 )     (33,355 )
Total   $ 21,946     $ 35,771  

 

Depreciation expense for the years ended December 31, 2014, 2013 and 2012 was $13,825, $15,399 and $36,077, respectively.