XML 28 R6.htm IDEA: XBRL DOCUMENT v2.4.0.8
Consolidated Statement of Cash Flows (USD $)
3 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Operating activities:    
Net loss $ (345,492) $ (449,026)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 24,493 14,166
Beneficial conversion feature on convertible notes payable 0 9,153
Amortization of convertible loan discoount 15,018 0
Fair value of options issued for services 0 39,842
Gain on change in fair value and extinguishment of derivatives liabilities, net 0 (14,291)
Effect of changes in:    
Inventory (88,543) 9,842
Prepaid expenses and other current assets 3,125 0
Accounts payable and accrued expenses 81,407 (44,938)
Accrued payroll and payroll taxes 0 185,696
Advances from distributor 250,000 250,000
Net cash (used in) provided by operating activities (59,992) 444
Investing activities:    
Purchase of property and equipment (13,500) (21,989)
Payments for patents (6,822) (11,050)
Net cash used in investing activities (20,322) (33,039)
Financing activities:    
Payments of bank loan 0 (68,000)
Proceeds from convertible notes payable 0 53,000
Payments on convertible notes payable 0 (55,000)
Net cash used in financing activities 0 (70,000)
Decrease in cash (80,314) (102,595)
Cash, beginning of period 241,976 137,249
Cash, end of period 161,662 34,654
Supplemental disclosures of cash flow information:    
Cash paid for interest 3,000 5,770
Cash paid for income taxes $ 0 $ 0