v3.7.0.1

5. SOFTWARE

3 Months Ended

Apr. 30, 2017

Notes

5. SOFTWARE

5. SOFTWARE

The Company has software that it uses for the development of certain mobile applications. The software and any upgrades are being amortized over useful lives ranging from 3 – 5 years. The Company recorded amortization expense of $5,062 and $3,750 for the three months ended April 30, 2017 and 2016, respectively.

		April 30, 2017		January 31, 2017
Charting software	$	102,705	$	102,705
Ken Chart Native Apps		900		-
Website		2,080		2,080
		105,685		104,785
Accumulated amortization		(27,353)		(22,291)
Net book value	$	78,332	$	82,494

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- References

No definition available.

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- Definition

The entire disclosure for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 360
-URI http://asc.fasb.org/topic&trid=2155823

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