5. INVENTORY

3 Months Ended

Mar. 31, 2016

Inventory Disclosure [Abstract]

INVENTORY

Inventory as of March 31, 2016 and December 31, 2015 consists of the following:

	March 31, 2016			December 31, 2015
	(Unaudited)			(Audited)
Finished goods	$	507,154		$	418,439
Inventory reserve		(20,000	)		(20,000	)
Total	$	487,154		$	398,439

Finished goods inventory relates to product at the Company’s retail stores, which is product purchased from distributors, and in some cases directly from the manufacturer, and resold at our stores.

The Company reviews its inventory on a periodic basis to identify products that are slow moving and/or obsolete, and if such products are identified, the Company records the appropriate inventory impairment charge at such time.