| Schedule of Property, Plant and Equipment |
| For the Periods Ended: | 12/31/2015 | 12/31/2014 | | | | | | Property, plant and equipment consist of the following: | | | | | | | | Equipment | $247,750 | $247,750 | | Computers and software | 7,400 | 7,400 | | Other equipment | 400 | 400 | | Less: disposal | (226,676) | 0 | | Total property, plant and equipment | 28,874 | 255,550 | | Less: | | | | Accumulated depreciation | 24,500 | 3,900 | | Current depreciation expense | 5,105 | 20,600 | | Less: disposal | (22,500) | 0 | | Total accumulated depreciation | 7,105 | 24,500 | | | | | | Net property, plant and equipment | $21,769 | $231,050 | | | | | | Intangible assets consist of: | | | | | | | | Goodwill | $256,000 | $256,000 | | Intangible assets | 7,751,031 | 7,751,031 | | Less: | | | | Impairment | 7,907,031 | 6,665,887 | | | | | | Net intangible assets | $100,000 | $1,341,144 | | | | | | Depreciation expense was $5,105 at December 31, 2015 and $20,600 at December 31, 2014. |
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