Annual report pursuant to Section 13 and 15(d)

PROPERTY AND EQUIPMENT

v3.3.1.900
PROPERTY AND EQUIPMENT
12 Months Ended
Sep. 30, 2015
Property, Plant and Equipment [Abstract]  
PROPERTY AND EQUIPMENT

NOTE 4 - PROPERTY AND EQUIPMENT

 

Property and equipment at September 30, 2015 and 2014 consist of:

 

 

    2015   2014
Equipment   $ 91,715     $ 59,503  
Lab Equipment     239,472       86,733  
Leasehold Improvements     2,181       2,181  
Office Furniture and Fixture     2,523       2,523  
      335,891       150,940  
Accumulated Depreciation     (87,138 )     (46,515 )
Total Property and Equipment   $ 248,753     $ 104,425  

  

Depreciation expense for the years ended September 30, 2015, 2014, and 2013 was $40,623, $17,850, and $13,356, respectively.