XML 38 R2.htm IDEA: XBRL DOCUMENT v2.4.0.8
Consolidated Balance Sheets (Unaudited) (USD $)
Jun. 29, 2014
Dec. 29, 2013
Current assets:    
Cash and equivalents    $ 71,223
Inventory 32,895 41,744
Prepaid stock-based compensation 117,494   
Prepaid expenses, other 19,681 6,247
Total current assets 170,070 119,213
Fixed assets:    
Total fixed assets, net 2,617,895 2,695,214
Other assets:    
Security deposits, other 42,848 38,730
Unamortized fees 71,725 68,390
Total other assets 114,573 107,120
Total assets 2,902,538 2,921,547
Current liabilities:    
Cash overdraft 9,578  
Accounts payable 1,122,328 850,126
Incentive from lessor - current portion 41,245 80,158
Note payable from lessor - current portion 50,960 79,735
Accrued expenses 248,755 301,845
Deferred revenue 39,383 40,527
Due to related party 15,000 40,000
Convertible note payable and accrued interest of $12,349 and $4,703, respectively 12,349 54,703
Total current liabilities 1,539,598 1,447,094
Long-term liabilities:    
Incentive from lessor - long-term 1,247,480 1,248,051
Note payable - lessor 521,856 541,913
Convertible note payable, net of debt discount of $61,820 and $36,269, respectively 243,180 321,911
Total long-term liabilities 2,012,516 2,111,875
Total liabilities 3,552,114 3,558,969
Stockholders' deficit:    
Common stock, $0.001 par value, 1,125,000,000 shares authorized, 27,326,529 and 24,159,145 shares issued and outstanding as of June 29, 2014 and December 29, 2013, respectively 27,327 24,159
Common stock payable (1,478,333 and 678,333 shares as of June 29, 2014 and December 29, 2013, respectively) 468,000 480,500
Additional paid-in capital 4,634,957 3,654,207
Accumulated deficit (5,779,860) (4,796,288)
Total stockholders' deficit (649,576) (637,422)
Total liabilities and stockholders' deficit $ 2,902,538 $ 2,921,547