Annual report pursuant to Section 13 and 15(d)

EQUIPMENT

v3.20.1
EQUIPMENT
12 Months Ended
Dec. 31, 2019
Property, Plant and Equipment [Abstract]  
EQUIPMENT

NOTE 5 – Equipment

 

Equipment consisted of the following as of:

 

        December 31,   December 31,
    Estimated Life   2019   2018
             
Office equipment   5 years   $ 5,481     $ 5,481  
Computer equipment   3 years     40,171       40,171  
Accumulated depreciation         (42,542 )     (30,122 )
        $ 3,110     $ 15,530  

 

Depreciation expense was $12,420 and $12,698 for the years ended December 31, 2019 and 2018, and is classified in general and administrative expenses in the consolidated Statements of Operations.