Quarterly report pursuant to Section 13 or 15(d)

Property And Equipment, Net

Property And Equipment, Net

9 Months Ended

Sep. 30, 2019

Property and equipment at September 30, 2019 and December 31, 2018 are as follows:

	September 30			December 31
	2019			2018

Equipment & Installation	$	1,965,659		$	1,965,659
Trucking equipment		983,948			983,948
Computer equipment and software		117,212			117,212
Office equipment		27,155			27,155
Total equipment		3,093,974			3,093,974

Less: accumulated depreciation		(2,751,944	)		(2,503,990	)
Construction in process		1,807,707			1,807,707
Property and equipment, net	$	2,149,737		$	2,397,691

The Company uses the straight-line method of depreciation over 2 to 5 years. During the three months ended September 30, 2019 and 2018 depreciation expense was $84,918, and $119,799. During the nine months ended September 30, 2019 and 2018 depreciation expense was $247,954, and $347,766.