Annual report pursuant to Section 13 and 15(d)

EQUIPMENT

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EQUIPMENT
12 Months Ended
Dec. 31, 2017
Property, Plant and Equipment [Abstract]  
EQUIPMENT

NOTE 6 – Equipment

 

Equipment consisted of the following as of:

 

        December 31,     December 31,  
    Estimated Life   2017     2016  
                 
Office equipment   5 years   $ 3,391     $ 2,451  
Computer equipment   3 years     39,311       39,311  
Accumulated depreciation         (17,424 )     (3,712 )
        $ 25,278     $ 38,050  

 

Depreciation expense was $13,712 for the year ended December 31, 2017 (Successor), and $7,308 for the one month ended December 31, 2016 (Successor) plus the eleven months ended November 30, 2016 (Predecessor), and is classified in general and administrative expenses in the consolidated Statements of Operations.