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Property and Equipment

12 Months Ended

Dec. 31, 2014

Property and Equipment [Abstract]

PROPERTY AND EQUIPMENT

NOTE 2 — PROPERTY AND EQUIPMENT

Property and equipment consisted of the following at December 31, 2014 and December 31, 2013:

		Useful Life		31-Dec 2014				31-Dec 2013
Lab equipment and instruments		4-6		$	178,547			$	194,143
Computer equipment		4-6			61,151				66,493
					239,698				260,636
Less Accumulated Depreciation					(239,698	)			(260,636	)
Net Property and Equipment				$	-			$	-

Depreciation expense amounted to $0 and $2,706, for the year ended December 31, 2014 and 2013, respectively. The Company’s property and equipment is held as collateral on the notes payable related party.

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.

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