Quarterly report pursuant to Section 13 or 15(d)

EQUIPMENT

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EQUIPMENT
 3 Months Ended
Mar. 31, 2017
Successor [Member]  
EQUIPMENT

NOTE 5 – Equipment

 

Equipment consisted of the following as of:

 

        March 31, 2017     December 31,
2016		  
    Estimated Life   Successor     Successor  
                 
Office equipment   5 years   $ 2,451     $ 2,451  
Computer equipment   3 years     39,311       39,311  
Accumulated depreciation         (7,111 )     (3,712 )
        $ 35,121     $ 38,050  

 

Depreciation expense was $3,399 and $3,224 for the three months ended March 31, 2017 (Successor) and 2016 (Predecessor), and is classified in general and administrative expenses in the consolidated Statements of Operations.