XML 17 R5.htm IDEA: XBRL DOCUMENT v3.4.0.3
Consolidated Statements of Cash Flows (Unaudited) - USD ($)
6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Cash Flows from Operating Activities:    
Net Loss   $ (382,042)
Adjustments to Reconcile Net Loss to Net Cash provided by Operations:    
Stock Based Compensation  
Depreciation and Amortization   $ 50,000
Interest accrued - notes   34,350
unissued stock   34,000
Stock options expensed   19,476
Changes in assets and liabilities:    
Accounts Receivable   $ (5,027)
Prepaid expenses  
Inventory   $ 20,622
Accounts Payable and Accrued Expenses   $ 52,803
Other liabilities  
Net Cash Used In Operating Activities   $ (175,818)
CASH FLOWS FROM INVESTING ACTIVITIES    
Acquisition of intangible property  
NetCash (Used in) Investing Activities  
Cash Flows from Financing Activities:    
Proceeds from Related Parties and Loans   $ 175,497
Proceeds from stock subscription  
Net Cash Provided By Financing Activities   $ 175,497
(Decrease) Increase in Cash and Cash Equivalents   (321)
Cash and Cash Equivalents - Beginning of period   1,855
CASH AND CASH EQUIVALENTS - END OF PERIOD   1,534
Schedule of Non-Cash Financing Activities:    
Issuance of Common Stock in connection with settlement of note Payable   $ 15,000
Reduction in liability for unissued shares  
Restated [Member]    
Cash Flows from Operating Activities:    
Net Loss $ (1,722,923)  
Adjustments to Reconcile Net Loss to Net Cash provided by Operations:    
Stock Based Compensation $ 1,347,224  
Depreciation and Amortization  
Interest accrued - notes  
unissued stock  
Stock options expensed  
Changes in assets and liabilities:    
Accounts Receivable  
Prepaid expenses $ 436  
Inventory (14,325)  
Accounts Payable and Accrued Expenses (167,419)  
Other liabilities 150,481  
Net Cash Used In Operating Activities (406,526)  
CASH FLOWS FROM INVESTING ACTIVITIES    
Acquisition of intangible property (2,300)  
NetCash (Used in) Investing Activities (2,300)  
Cash Flows from Financing Activities:    
Proceeds from Related Parties and Loans 39,175  
Proceeds from stock subscription 362,559  
Net Cash Provided By Financing Activities 401,734  
(Decrease) Increase in Cash and Cash Equivalents (7,092)  
Cash and Cash Equivalents - Beginning of period 8,272  
CASH AND CASH EQUIVALENTS - END OF PERIOD 1,180  
Schedule of Non-Cash Financing Activities:    
Issuance of Common Stock in connection with settlement of note Payable 542,776  
Reduction in liability for unissued shares $ 421,500