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PROPERTY AND EQUIPMENT
9 Months Ended 12 Months Ended
Sep. 30, 2022
Dec. 31, 2021
Property, Plant and Equipment [Abstract]    
PROPERTY AND EQUIPMENT

NOTE 5 – PROPERTY AND EQUIPMENT

 

Property and equipment were comprised of the following at:

  

           
   September 30, 2022   December 31, 2021 
Property and Equipment  $1,354,824   $1,354,824 
Leasehold Improvements   75,436    75,436 
Accumulated Depreciation   (1,410,894)   (1,397,244)
Net Fixed Assets  $19,366   $33,016 

 

Our Depreciation Expense for the three months ended September 30, 2022 and 2021 was $7,519 and $8,073 respectively.

 

Our Property Plant and Equipment is pledged to Nations Interbanc, our line of credit.

 

NOTE 5 – PROPERTY AND EQUIPMENT

 

Property and equipment were comprised of the following at:

 

   December 31, 2021   December 31, 2020 
Property and Equipment  $1,354,824   $1,350,794 
Leasehold Improvents   75,436    75,436 
Accumulated Depreciation   (1,397,244)   (1,372,798)
Net Fixed Assets  $33,016   $53,432 

 

Our Depreciation Expense for the years ended December 31, 2021 and 2020 was $20,406 and $21,035 respectively.

 

Our Property Plant and Equipment is pledged to Nations Interbanc, our line of credit.