Annual report pursuant to Section 13 and 15(d)

Property And Equipment Net

Property And Equipment Net

12 Months Ended

Dec. 31, 2020

Property and equipment at December 31, 2020 and 2019 are as follows:

	December 31,			December 31,
	2020			2019

Equipment & Installation	$	1,965,659		$	1,965,659
Trucking equipment		834,375			922,441
Computer equipment and software		67,126			67,126
Office equipment		27,155			27,155
Total equipment		2,894,315			2,982,381

Less: accumulated depreciation		(2,814,993	)		(2,707,745	)
Construction in process		1,807,707			1,807,707
Property and equipment, net	$	1,887,029		$	2,082,343

The Company uses the straight-line method of depreciation over 2 to 5 years. During the years ended December 31, 2020 and 2019 depreciation expense was $188,675, and $314,908, respectively.