Quarterly report pursuant to Section 13 or 15(d)

NOTE 5: PREPAID EXPENSES

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NOTE 5: PREPAID EXPENSES
9 Months Ended
Sep. 30, 2018
Notes  
NOTE 5: PREPAID EXPENSES

NOTE 5: PREPAID EXPENSES

 

Prepaid expenses consist of the following as of September 30, 2018 and December 31, 2017:

 

 

 

September 30,

2018

 

December 31,

2017

Prepaid Consulting Fee

$

6,758

$

-

Prepaid insurance

 

76,751

 

40,986

 

$

83,509

$

40,986

 

For the three and nine months ended September 30, 2018 and 2017, the Company recognized amortization of prepaid expense of $23,524, $21,425, $65,675 and $62,411, respectively.