Annual report pursuant to Section 13 and 15(d)

INVENTORY

INVENTORY	12 Months Ended
Dec. 31, 2016
Inventory Disclosure [Abstract]
INVENTORY	NOTE 4 – INVENTORY As of December 31, 2016, the Company has no inventory. As of December 31, 2015, there was $131,759 of finished goods and $372,187 of work in process inventory. Inventory is carried at the lower of cost or net realizable value. Management has recognized that all the existing inventory no longer has any commercial value and has therefore written all remaining inventory down to zero resulting in a loss on inventory impairment of $373,512. The Company recognized an additional loss on inventory of $126,349 when a vendor failed to return product. In total $499,861, has been recorded to cost of goods sold.

INVENTORY

12 Months Ended

Dec. 31, 2016

NOTE 4 – INVENTORY

As of December 31, 2016, the Company has no inventory. As of December 31, 2015, there was $131,759 of finished goods and $372,187 of work in process inventory. Inventory is carried at the lower of cost or net realizable value. Management has recognized that all the existing inventory no longer has any commercial value and has therefore written all remaining inventory down to zero resulting in a loss on inventory impairment of $373,512. The Company recognized an additional loss on inventory of $126,349 when a vendor failed to return product. In total $499,861, has been recorded to cost of goods sold.