Quarterly report pursuant to Section 13 or 15(d)

Note 3 - Property and Equipment: Schedule of Property and Equipment (Tables)

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Note 3 - Property and Equipment: Schedule of Property and Equipment (Tables)
9 Months Ended
Sep. 30, 2015
Tables/Schedules  
Schedule of Property and Equipment

Property and equipment are as follows:

 

 

September 30,

December 31,

 

2015

2014

 

 

 

Land

$3,453,409

$3,994,647

Plantation development costs

2,000,861

9,638,425

Plantation equipment

891,637

1,366,258

Office equipment

98,047

103,770

 

 

 

Total cost

6,443,954

15,103,100

Less accumulated depreciation

(591,674)

(1,268,845)

 

 

 

Property and equipment, net

$5,852,280

$13,834,255