Quarterly report pursuant to Section 13 or 15(d)

EQUIPMENT

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EQUIPMENT
 9 Months Ended
Sep. 30, 2017
Successor [Member]  
EQUIPMENT

NOTE 5 – Equipment 

 

Equipment consisted of the following as of: 

 

      September 30, 2017   December 31, 2016  
  Estimated Life   Successor   Successor  
             
Office equipment 5 years   $ 3,391   $ 2,451  
Computer equipment 3 years     39,311     39,311  
Accumulated depreciation       (13,978)     (3,712)  
      $ 28,724   $ 38,050  

 

Depreciation expense was $3,445 and $10,266, and $1,754 and $5,912, for the three and nine months ended September 30, 2017 (Successor) and 2016 (Predecessor), respectively, and is classified in general and administrative expenses in the consolidated Statements of Operations.