FIXED ASSETS

9 Months Ended

Jun. 30, 2015

Notes to Financial Statements

FIXED ASSETS

Fixed Assets at June 30, 2015 and September 30, 2014 consisted of the following:

	June 30, 2015		September 30, 2014
Equipment	$	3,374	$	-
Website		13,750		13,750
Intangible assets		3,630		-
Fixed assets		20,754		13,750
Less: Accumulated depreciation		(11,280)		(7,923)
Fixed assets (net)	$	9,474	$	5,827

Assets are depreciated over there useful lives when placed in service. Depreciation and amortization expense amounted to $1,169 and $6,021 for the three months ended June 30, 2015 and 2014, respectively, and $3,549 and $18,062 for the nine months ended June 30, 2015 and 2014, respectively.

We recognized an impairment loss of $20,625 on production equipment for the three and nine months ended June 30, 2015.