Quarterly report pursuant to Section 13 or 15(d)

5. Property and Equipment

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5. Property and Equipment
9 Months Ended
Sep. 30, 2015
Property, Plant and Equipment [Abstract]  
5. Property and Equipment

Property and equipment are recorded at cost, net of accumulated depreciation and are comprised of the following:

  

    September 30, 2015     December 31, 2014  
Furniture & fixtures   $ 11,526     $ –  
Marketing Display     42,681       –  
    $ 54,207     $ –  
Less: Accumulated Depreciation     (1,954 )     –  
    $ 52,253     $ –  

 

Depreciation on equipment is provided on a straight line basis over its expected useful lives at the following annual rates.

  

Furniture & fixtures 3 years
Marketing Display 3 years
Leasehold improvements Term of the lease

 

Depreciation expense for the three months ending September 30, 2015 and 2014 was $660 and $0, respectively.