Quarterly report pursuant to Section 13 or 15(d)

Intangible Asset, Net

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Intangible Asset, Net
9 Months Ended
Sep. 30, 2017
Intangible Asset, Net [Abstract]  
Intangible Asset, Net
NOTE 7 – Intangible Asset, Net

 

As of September 30, 2017 and December 31, 2016, the cost and accumulated amortization for intangible asset were as follows:

 

      September 30, 2017     December 31, 2016  
  Satellite system software   $ 4,950,000     $ 4,950,000  
  Accumulated amortization     (948,750 )     (577,500 )
  Net   $ 4,001,250     $ 4,372,500