Annual report pursuant to Section 13 and 15(d)

Intellectual Property (Tables)

Intellectual Property (Tables)

12 Months Ended

Dec. 31, 2015

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of intellectual property

Intellectual property, net, is comprised of the following as of December 31:

		2015				2014
Intellectual property		$	1,219,080			$	1,072,680
Accumulated amortization			(153,967	)			(44,126	)
Intellectual property, net		$	1,065,113			$	1,028,554

Schedule of estimated future amortization

Estimated future amortization expense is as follows as of December 31, 2015;

2016		$	121,898
2017			121,898
2018			121,898
2019			121,898
2020			121,898
Thereafter			455,623
Total		$	1,065,113