Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v2.4.0.8
Condensed Consolidated Balance Sheets (USD $)
Sep. 30, 2014
Dec. 31, 2013
Current Assets    
Cash $ 3,682,533 $ 992,448
Accounts Receivable, net 48,007 303,445
Inventory 49,264 1,167
Prepaid Assets 17,791 25,074
Total Current Assets 3,797,595 1,322,134
Other Assets    
Furniture and Equipment, net 25,201 11,419
Equipment Deposit 241,333 0
Deferred Stock Offering Costs 108,380 17,426
Intangible Assets, net 74,750 70,494
Total Other Assets 449,664 99,339
TOTAL ASSETS 4,247,259 1,421,473
Current Liabilities    
Accounts Payable 96,800 102,625
Accrued Expenses 46,241 38,536
Total Current Liabilities 143,041 141,161
TOTAL LIABILITIES 143,041 141,161
Stockholders' Equity    
Preferred Stock, $0.001 par; 10,000,000 shares authorized; None issued and outstanding 0 0
Common Stock, $0.001 par; 750,000,000 shares authorized;618,241,061 issued and 612,641,061 outstanding at September 30, 2014 and 559,766,061 issued and 556,816,061 outstanding at December 31, 2013 618,241 559,766
Additional Paid-In Capital 9,658,788 3,561,204
Less Deferred Compensation 5,600,000 and 2,950,000 common shares, respectively (618,800) (88,900)
Retained Earnings (Deficit) (5,554,011) (2,751,758)
Total Stockholders' Equity 4,104,218 1,280,312
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 4,247,259 $ 1,421,473