Quarterly report pursuant to Section 13 or 15(d)

INVENTORY

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INVENTORY
9 Months Ended
Sep. 30, 2014
Inventory Disclosure [Abstract]  
INVENTORY

NOTE 4 – INVENTORY

 

As of September 30, 2014 and December 31, 2013, the Company has $124,764 and $25,730, respectively, of finished goods inventory. As of September 30, 2014 there was also $5,000 of work in process.

 

During the year ended December 31, 2013 the Company determined that it was in its best interest to no longer pursue the marketing and production of two of its initial products, The Kruncher and the Xsize sandal. As of December 31, 2013, the Company sold the remaining inventory of The Kruncher for $14,717 below cost. In addition, the Company impaired the remaining $34,140 of inventory of the Xsize sandal to cost of goods.