LONG-LIVED ASSETS

3 Months Ended

Mar. 31, 2017

Property, Plant and Equipment [Abstract]

Property, Plant, and Equipment and Intangible Assets [Text Block]

NOTE 3.   LONG-LIVED ASSETS

Property and Equipment

Depreciation expense was $16,016 and $12,159, respectively, for the three months ended March 31, 2017 and 2016.  We have not recognized any impairment as of March 31, 2017.

Intangible Assets

Intangible assets $16,827 as of March 31, 2017, consisted of Chiefton brand and graphic designs, with a gross value of $69,400 and accumulated amortization of $52,573, which are being amortized over an estimated useful life of two years.

Amortization expense was $8,556 and $85,107, respectively, for the three months ended March 31, 2017 and 2016.