Annual report pursuant to Section 13 and 15(d)

PROPERTY AND EQUIPMENT

v2.4.1.9
PROPERTY AND EQUIPMENT
12 Months Ended
Dec. 31, 2014
PROPERTY AND EQUIPMENT [Abstract]  
PROPERTY AND EQUIPMENT
NOTE 3 - PROPERTY AND EQUIPMENT

Property and equipment consists of the following:
 
December 31,
 
   
2014
   
2013
 
Furniture and equipment
 
$
14,000
   
$
14,000
 
   
14,000
     
14,000
 
Less accumulated depreciation and amortization
   
10,000
     
8,000
 
Property and equipment, net
 
$
4,000
   
$
6,000
 

Depreciation and amortization on property and equipment was $2,000 and $3,000 for the years ended December 31, 2014 and 2013, respectively.