LONG-LIVED ASSETS

3 Months Ended

Mar. 31, 2018

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 $13,829 and $16,016, respectively, for the three months ended March 31, 2018 and 2017.  We have not recognized any impairment as of March 31, 2018.

Intangible Assets

Intangible assets of $100,642 as of March 31, 2018, consisted of MHPS customer relationships of $100,000, net of accumulated amortization of $35,069 and MHPS tradename of $55,000, net of accumulated amortization of $19,289, both based on an estimated useful life of two years.  The intangible asset for Chiefton brand and graphic designs, with a gross value of $69,400, was fully amortized as of September 30, 2017.

Amortization expense was $19,112 and $8,556, respectively, for the three months ended March 31, 2018 and 2017.