Quarterly report pursuant to Section 13 or 15(d)

STATEMENTS OF CASH FLOWS (Unaudited)

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STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
 3 Months Ended 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
CASH FLOW FROM OPERATING ACTIVITES:        
Net Loss $ (72,612) $ (6,956,926) $ (782,170) $ (7,506,403)
Adjustments to reconcile net loss to net cash used by operating activities:        
Deferred compensation     16,324 101,982
Shares issued for service     22,350
Depreciation     14,839 30,283
License fees paid with warrants     6,501,715
Consulting paid with options     8,406
Loss on disposal of property and equipment 17,034 20,461 17,034
Loss on inventory     499,861
Gain on extinguishment of debt (8,242) (19,635) (2,788)
Loss on conversion of debt 226,811
Amortization of debt discount 20,228 50,029
Gain on derivative liability 1,277 (47,022)
Changes in Operating Assets and Liabilities:        
Accounts receivable     158,482 (101,137)
Prepaid & other assets     57,960 (4,933)
Inventory     4,085 (535,443)
Accounts payable     211,381 376,121
Product returns & allowances     (386,457)
Accrued expenses     184,420 187,186
Net Cash Used in Operating Activities     (20,449) (675,809)
CASH FLOWS FROM INVESTING ACTIVITIES:        
Net Cash Used by Investing Activities    
CASH FLOWS FROM FINANCING ACTIVITIES:        
Advances from officers     49,405 5,000
Repayment of officer advance     (25,215) (4,100)
Proceeds from notes payable     36,843 776,199
Payments on notes payable     (75,087) (99,864)
Net Cash Provided by Financing Activities     (14,054) 677,235
Net Increase (decrease) in Cash     (34,503) 1,426
Cash at Beginning of Period     40,485 196
Cash at End of Period $ 5,982 $ 1,622 5,982 1,622
Cash paid during the year for:        
Interest    
Franchise and income taxes    
Supplemental disclosure of non-cash activities:        
Stock issued for conversion of debt     $ 298,000