Annual report pursuant to Section 13 and 15(d)

Patents (Tables)

v3.8.0.1
Patents (Tables)
12 Months Ended
Dec. 31, 2017
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Patents Less Accumulated Amortization

The following is a summary of patents less accumulated amortization at December 31, 2017 and 2016:

 

    December 31,  
    2017     2016  
             
Patents   $ 4,500,000     $ -  
                 
Less accumulated amortization     -       -  
                 
    $ 4,500,000     $ -  

Schedule of Estimated Future Amortization Expense

The estimated future amortization expense related to patents as of December 31, 2017 is as follows:

 

Year Ended December 31.   Amount  
       
2018   $ 646,910  
2019     646,910  
2020     646,910  
2021     646,910  
2022     646,910  
Thereafter     1,265,450  
Total   $ 4,500,000