Quarterly report pursuant to Section 13 or 15(d)

EQUIPMENT

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EQUIPMENT
 6 Months Ended
Jun. 30, 2017
Successor [Member]  
EQUIPMENT

NOTE 5 – Equipment

 

Equipment consisted of the following as of:

 

       

June 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         (10,533 )     (3,712 )
        $ 32,169     $ 38,050  

 

Depreciation expense was $3,422 and $6,821, and $933 and $4,157, for the three and six months ended June 30, 2017 (Successor) and 2016 (Predecessor), and is classified in general and administrative expenses in the consolidated Statements of Operations.