v3.7.0.1
INTANGIBLE ASSETS
3 Months Ended
Mar. 31, 2017
Goodwill and Intangible Assets Disclosure [Abstract]  
INTANGIBLE ASSETS

NOTE 7                INTANGIBLE ASSETS

 

Intangible Assets consists of the following: 

 

March 31, 2017

 

December 31, 2016

Website Development Costs

$             8,500

$             8,500  

Less Accumulated Amortization

             (2,125)

          (1,700)  

Intangible Assets, net

$             6,375

$           6,800  

 

In May 2014, the Company issued 85,000 shares for the development of the Company's website, which is currently recorded in Website Development Costs.  The website for the Company went live on January 1, 2016, and as a result the Company began amortizing the asset at that time.  The Company will amortize the asset over a period of 5 years.  For the periods ended March 31, 2017 and 2016, the Company recorded Amortization expense of $425 and $0, respectively.