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PROPERTY AND EQUIPMENT
12 Months Ended
Dec. 31, 2017
Property, Plant and Equipment [Abstract]  
Property, Plant and Equipment Disclosure [Text Block]
NOTE 5 – PROPERTY AND EQUIPMENT
 
Property and equipment as of December 31, 2017 and 2016 is summarized as follows:
 
 
 
2017
 
2016
 
Computer equipment
 
$
63,517
 
$
25,478
 
Furniture and fixtures
 
 
3,128
 
 
-
 
Total
 
 
66,645
 
 
25,478
 
Less accumulated depreciation
 
 
(31,651)
 
 
(25,478)
 
Property and equipment, net
 
$
34,994
 
$
-
 
 
Property and equipment are stated at cost and depreciated using the straight-line method over their estimated useful life of 3 years. When retired or otherwise disposed, the related carrying value and accumulated depreciation are removed from the respective accounts and the net difference less any amount realized from disposition, is reflected in earnings.
 
The Company spent $41,167 in purchase of equipment during year ended December 31, 2017. Depreciation expense was $6,173 and $-0- for the year ended December 31, 2017 and 2016, respectively.