Quarterly report pursuant to Section 13 or 15(d)

INTANGIBLE ASSETS

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INTANGIBLE ASSETS
 3 Months Ended
Dec. 31, 2018
Goodwill and Intangible Assets Disclosure [Abstract]  
INTANGIBLE ASSETS

NOTE 3 – INTANGIBLE ASSETS

 

Intangible assets at December 31, 2018 and September 30, 2018:

 

    December 31, 2018    

September 30,  

2018 

  
License Rights   $ 17,712,991     $ 17,712,991  
Patent Costs     100,000       100,000  
      17,812,991       17,812,991  
Accumulated Amortization and impairment     (10,366,100 )     (10,201,073 )
Total Intangible Assets   $ 7,446,891     $ 7,611,918  

 

During the three month period ended December 31, 2018 the Company recognized $165,027 in amortization expense on the patents and license rights.