10-Q

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 10-Q

x Quarterly Report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

For the quarterly period ended June 30, 2012

o Transition Report pursuant to 13 or 15(d) of the Securities Exchange Act of 1934

For the transition period from __________ to__________

Commission File Number: 333-148190

Mojo Organics, Inc.

(Exact name of registrant as specified in its charter)

Delaware	26-0884348
(State or other jurisdiction of incorporation or organization)	(IRS Employer Identification No.)

101 Hudson Street, 21st Floor, Jersey City, New Jersey 07302

(Address of principal executive offices)

(201) 633-6519

(Registrant’s telephone number)

(Former name, former address and former fiscal year, if changed since last report)

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days o Yes x No

Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files). x Yes o No

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company.

o Large accelerated filer Accelerated filer	o Accelerated filer
o Non-accelerated filer (Do not check if a smaller reporting company)	x Smaller reporting company

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). o Yes x No

State the number of shares outstanding of each of the issuer’s classes of common stock, as of the latest practicable date: 11,293,481 shares of common stock as of June 24, 2013.

TABLE OF CONTENTS

		Page
PART I - FINANCIAL INFORMATION
ITEM 1.	FINANCIAL STATEMENTS	3
	Condensed Consolidated Balance Sheets as of June 30, 2012 and December 31, 2011		F-1
	Condensed Consolidated Statements of Operations for the three months and six months ended June 30, 2012 and June 30, 2011		F-2
	Condensed Consolidated Statements of Cash Flows for the six months
	ended June 30, 2012 and June 30, 2011		F-3
	Notes to the Condensed Consolidated Financial Statements		F-4
ITEM 2.	MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS		4
ITEM 3.	QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK		5
ITEM 4.	CONTROLS AND PROCEDURES		5
PART II – OTHER INFORMATION
ITEM 1.	LEGAL PROCEEDINGS		7
ITEM 1A.	RISK FACTORS		7
ITEM 2.	UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS		7
ITEM 3.	DEFAULTS UPON SENIOR SECURITIES		7
ITEM 4.	MINE SAFETY DISCLOSURE		7
ITEM 5.	OTHER INFORMATION		7
ITEM 6.	EXHIBITS		7
SIGNATURES			8

PART I - FINANCIAL INFORMATION

ITEM 1.             FINANCIAL STATEMENTS
	Page
Condensed Consolidated Balance Sheets as of June 30, 2012 and December 31, 2011	F -1
Condensed Consolidated Statements of Operations for the three months and six months ended June 30, 2012 and June 30, 2011	F - 2
Condensed Consolidated Statements of Cash Flows for the six months ended June 30, 2012 and June 30, 2011	F - 3
Notes to the Condensed Consolidated Financial Statements	F - 4

3

MOJO ORGANICS, INC.

Condensed Consolidated Balance Sheets

(unaudited)

ASSETS
	June 30,			December 31,
	2012			2011
CURRENT ASSETS:
Cash	$	1,551		$	-
PROPERTY AND EQUIPMENT		2,780			-
OTHER ASSETS
Security deposits		5,798			-
TOTAL ASSETS	$	10,129		$	-
LIABILITIES AND STOCKHOLDERS' DEFICIT
CURRENT LIABILITIES:
Accounts payable	$	235,491		$	165,994
Notes payable to related parties		60,000			-
Total Current Liabilities		295,491			165,994
Commitments and Contingencies		-			-
STOCKHOLDERS' DEFICIT
Preferred stock, 10,000,000 authorized at $0.001
par value,  0 shares issued or outstanding		-			-
Common stock, 190,000,000 shares authorized at $0.001
par value, 8,080,212 and 3,862,025 shares issued and outstanding, respectively		8,080			3,862
Common stock subscription		-			(1,143	)
Additional paid in capital		8,849,021			8,573,375
Accumulated deficit		(9,142,463	)		(8,742,088	)
Total Stockholders' deficit		(285,362	)		(165,994	)
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT	$	10,129		$	-

See accompanying notes to unaudited condensed consolidated financial statements.

F-1

MOJO ORGANICS, INC.

Condensed Consolidated Statements of Operations

(unaudited)

	Three Months Ended						Six Months Ended
	June 30,						June 30,
	2012			2011			2012			2011
Revenues	$	-		$	-		$	-		$	-
Cost of Revenues		-			-			-			-
Gross Profit		-			-			-			-
Operating Expenses
General and administrative		176,370			-			400,375			-
Total Operating Expenses		176,370			-			400,375			-
Loss from Continuing Operations		(176,370	)		-			(400,375	)		-
Discontinued Operations
Loss from discontinued operations		-			(1,204,700	)		-			(1,703,091	)
Loss Before Provision for Income Taxes		(176,370	)		(1,204,700	)		(400,375	)		(1,703,091	)
Provision for Income Taxes		-			-			-			-
Net Loss	$	(176,370	)	$	(1,204,700	)	$	(400,375	)	$	(1,703,091	)
Net loss from continuing operations per common share, basic and fully diluted	$	(0.04	)	$	(0.00	)	$	(0.09	)	$	(0.00	)
Net loss from discontinued operations per common share, basic and fully diluted	$	(0.00	)	$	(0.26	)	$	(0.00	)	$	(0.35	)
Basic and diluted weighted average number of common shares outstanding		4,311,581			4,646,055			4,285,207			4,834,796

See accompanying notes to unaudited condensed consolidated financial statements.

F-2

  MOJO ORGANICS, INC.

 Condensed Consolidated Statements of Cash Flows

 For the Six Months Ended June 30, 2012 and 2011

 (unaudited)

	Six Months Ended
	June 30,
	2012			2011
Cash flows from operating activities:
Net loss	$	(400,375	)	$	(1,703,091	)
Loss from discontinued operations		-			(1,703,091	)
Loss from continuing operations		(400,375	)		-
Depreciation		74			-
Stock issued for compensation		281,007			-
Adjustments to reconcile net loss to net cash used in operating activities:
Changes in assets and  liabilities:
Increase in security deposits		(5,798	)		-
Increase in accounts payable and accrued expenses		69,497			-
Net cash used in operating activities		(55,595	)		-
Net cash used in investing activities:
Purchases of property and equipment		(2,854	)		-
Net cash provided by financing activities:
Notes Payable to related parties		60,000			-
Net increase in cash and cash equivalents		1,551			-
Cash and cash equivalents at beginning of period		-			-
Cash and cash equivalents at end of period	$	1,551		$	-
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:
Interest paid	$	-		$	-
Taxes paid	$	-		$	-

See accompanying notes to unaudited condensed consolidated financial statements.

F-3

MOJO ORGANICS, INC.

Notes to Condensed Consolidated Financial Statements

(unaudited)

NOTE 1 – ORGANIZATION AND BASIS OF PRESENTATION

Corporate Changes and History of Company

Mojo Organics, Inc. (the “Company”) was incorporated in the State of Delaware on August 2, 2007.

On May 13, 2011, the Company entered into an Agreement and Plan of Merger (the “Merger Agreement”) with Specialty Beverage and Supplement, Inc., a privately held Nevada corporation (“SBSI”) and SBSI Acquisition Corp., a Nevada corporation and wholly-owned subsidiary of the Company (“Acquisition Sub”), pursuant to which SBSI merged with and into Acquisition Sub (the “Merger”) with the filing of the Articles of Merger with the Nevada Secretary of State on May 13, 2011. The Merger was accounted for as a reverse acquisition and recapitalization in which SBSI became the acquirer for accounting purposes and the Company became the issuer. The value of Mojo’s common stock that was issued was the historical cost of Mojo’s net tangible assets, which did not differ materially from their fair value.As a result of the acquisition of SBSI through the reverse merger transaction, the board of directors approved a change in the Company’s fiscal year end from September 30 to December 31.

In accordance with the terms of the Merger Agreement, at the closing, an aggregate of 1,955,213 shares of the Company’s common stock were issued to the holders of SBSI’s common stock in exchange for their shares of SBSI.

On May 13, 2011, simultaneously with the consummation of the Merger, the Company issued 746,285 shares of common stock to retire certain debt in SBSI held by the holders of 9% subordinated convertible debentures.

On May 13, 2011, simultaneously with the consummation of the Merger, in a separate transaction, the Company entered into a Membership Interest Purchase Agreement (the “Purchase Agreement”) with its former Chief Executive Officer and sole director. Pursuant to the Purchase Agreement, the Company transferred all of its membership interests in Mojo Shopping, LLC, a wholly owned subsidiary of the Company (the “LLC”), to the former Chief Executive Officer in exchange for the assumption of Company account payables in the amount of approximately $200,000, the cancellation of 8,000,000 of the former Chief Executive Officer’s shares of the Company’s common stock, and the cancellation of indebtedness owed by the Company to the former Chief Executive Officer in the amount of $2,759.  Also, simultaneously with the consummation of the Merger, the Company cancelled an aggregate of 800,000 shares of the Company’s common stock held by two shareholders.

On October 27, 2011 the board of directors approved a Split-Off agreement with Acquisition Sub.  In the Split-Off, the Company assigned and transferred to Acquisition Sub all of the issued and outstanding shares of capital stock of SBSI in exchange for the surrender by certain stockholders to the Company for cancellation an aggregate to 2,330,775 shares (the “Shares”) of the Company’s common stock.

In the Split-Off, SBSI assigned the Dispensing Cap and Pinch assets (including all related intellectual property (patent pending and trademarks)) to Mojo Organics, Inc., the Company’s wholly owned subsidiary newly organized to receive these assets, and retained all of its other assets and all liabilities, including its (and the Company’s former) principal office and distribution facilities in Holbrook, New York, as well as the Company’s other subsidiary, Graphic Gorilla LLC.

The financial position and activity of the Company prior to Split-Off were accounted for as a discontinued operations (See Note 4).

Corporate Name Changes

On April 28, 2011, the Company filed an amendment to its Certificate of Incorporation in Delaware to change its name from Mojo Shopping, Inc. to Mojo Ventures, Inc.

F-4

On December 21, 2011, the board of directors adopted resolutions authorizing an amendment to the Company’s Certificate of Incorporation to change its name from Mojo Ventures, Inc. to Mojo Organics, Inc.  On December 28, 2011, the Company filed the amendment with the Secretary of State of the State of Delaware effecting the name change. Additionally, the name change was submitted to The Financial Industry Regulatory Authority (“FINRA”).  The Company has not asked FINRA to authorize a new trading symbol and thus, its trading symbol will remain “MOJO”.

On December 27, 2011, the Company’s wholly owned operating subsidiary, Mojo Organics, Inc. changed its name to Mojo Organics Operating Company, Inc.

Line of Business

The Company is currently evaluating its plans with respect to the further development of its Dispensing Cap Technology and Pinch zero-calorie natural and organic sweetener.   In addition, the Company is evaluating other marketing and branding opportunities.

Basis of Presentation

For 2011, the accompanying condensed consolidated financial statements include the accounts of the Company and its formerly wholly-owned subsidiaries, SBSI Acquisition Corp, Specialty Beverage and Supplement Inc. and Graphic Gorilla LLC. For 2012, the accompanying condensed consolidated financial statements include the accounts of the Company and its wholly owned subsidiary, Mojo Organics Operating Company, Inc. All significant inter-company accounts and transactions were eliminated in consolidation.

Interim Consolidated Financial Statements

The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with Accounting principles accepted in the United States of America (“GAAP”) and in conformity with the instructions to form 10-Q and article 10 of Regulation S-X and the related rules and regulations of the Securities and Exchange Commission (“SEC”). Accordingly, certain information and note disclosures normally included in financial statements prepared in accordance with GAAP have been condensed or omitted pursuant to such rules and regulations; however, we believe that the disclosures included in these financial statements are adequate to make the information presented not misleading. The unaudited condensed consolidated financial statements included in this document have been prepared on the same basis as the annual consolidated financial statements, and in our opinion reflect all adjustments, which include normal recurring adjustments necessary for a fair presentation in accordance with GAAP and SEC regulations for interim financial statements. The results for the six months ended June 30, 2012 are not necessarily indicative of the results that we will have for any subsequent period. These unaudited condensed consolidated financial statements should be read in conjunction with the audited consolidated financial statements and the notes to those statements for the year ended December 31, 2011 included in our Annual  Report on form 10-K.

NOTE 2 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Use of Estimates

The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the reporting period. Actual results could differ from those estimates.

Cash and Cash Equivalents

Cash equivalents include investment instruments, CD’s and time deposits purchased with a maturity of three months or less.

Property and Equipment and Depreciation

Property and equipment are stated at cost.  Depreciation for both financial reporting and income tax purposes is computed using combinations of the straight line and accelerated methods over the estimated lives of the respective assets.During the six months ended June 30, 2012, the Company purchased computer equipment totaling $2,854. Computer equipment is depreciated over 5 years.  Maintenance and repairs are charged to expense when incurred.  When property and equipment are retired or otherwise disposed of, the related cost and accumulated depreciation are removed from the respective accounts and any gain or loss is credited or charged to income.  Depreciation expense of $74 was charged to operations for the six months ended June 30, 2012.

F-5

Net Loss Per Common Share

The Company computes per share amounts in accordance with Statement of Financial Accounting Standards ASC Topic 260, “Earnings per Share”.  ASC Topic 260 requires presentation of basic and diluted EPS.  Basic EPS is computed by dividing the income (loss) available to Common Stockholders by the weighted-average number of common shares outstanding for the period.  Diluted EPS is based on the weighted-average number of shares of common stock and common stock equivalents outstanding during the periods.

Income Taxes

The Company provides for income taxes under ASC 740 which requires the use of an asset and liability approach in accounting for income taxes. Deferred tax assets and liabilities are recorded based on the differences between the financial statement and tax bases of assets and liabilities and the tax rates in effect when these differences are expected to reverse. The Company’s predecessor operated as an entity exempt from Federal and State income taxes.

ASC 740 also requires the reduction of deferred tax assets by a valuation allowance if, based on the weight of available evidence, it is more likely than not that some or all of the deferred tax assets will not be realized.

Tax returns for the years from 2009 to 2011 are subject to examination by tax authorities.

Stock-Based Compensation

ASC Topic 718, “Accounting for Stock-Based Compensation” prescribes accounting and reporting standards for all stock-based compensation plans, including employee stock options, restricted stock, employee stock purchase plans and stock appreciation rights.

ASC Topic 718 requires employee compensation expense to be recorded using the fair value method. The Company accounts for employee stock based compensation in accordance with the provisions of ASC Topic 718. For non-employee options and warrants, the company uses the fair value method as prescribed in ASC Topic 718.

NOTE 3 - GOING CONCERN

The Company's financial statements are prepared using generally accepted accounting principles in the United States of America applicable to a going concern which contemplates the realization of assets and liquidation of liabilities in the normal course of business. The Company has not yet established an ongoing source of revenues sufficient to cover its operating costs and allow it to continue as a going concern. As of June 30, 2012, the Company incurred net loss from continuing operations of $400,375. At June 30, 2012, the Company had a working capital deficit of $293,940 and accumulated losses of $9,142,463 which includes accumulated losses from discontinued operations of $8,576,094. The ability of the Company to continue as a going concern is dependent on the Company obtaining adequate capital to fund operating losses until it becomes profitable. These conditions raise substantial doubt about the Company’s ability to continue as going concern.

In order to continue as a going concern, the Company will need, among other things, additional capital resources. Management's plan is to obtain such resources for the Company by obtaining capital from management and significant shareholders sufficient to meet its minimal operating expenses and seeking equity and/or debt financing. However management cannot provide any assurances that the Company will be successful in accomplishing any of its plans.

The ability of the Company to continue as a going concern is dependent upon its ability to successfully accomplish the plans described in the preceding paragraph and eventually secure other sources of financing and attain profitable operations. The accompanying financial statements do not include any adjustments that might be necessary if the Company is unable to continue as a going concern.

NOTE 4 – DISCONTINUED OPERATIONS

In connection with the Split-Off discussed in Note 1, the following table summarizes the loss from discontinued operations for the six months ended June 30, 2011:

Loss from discontinued operations $ 1,703,091

There were no assets or liabilities from discontinued operations at December 31, 2011.

F-6

NOTE 5 – INCOME TAX

The Company accounts for income taxes under the assets and liability method. Deferred tax assets are recognized for deductible temporary differences and operating loss and tax credit carry forwards and deferred tax liabilities are recognized for taxable temporary differences. Temporary differences are the differences between the reported amounts of assets and liabilities and their tax bases. Deferred tax assets are reduced by a valuation allowance when, in the opinion of management, it is more likely than not that some portion or all of the deferred tax assets will be realized.

The reported provision for income tax differs from the amount computed by applying the statutory U.S. federal income tax rate of 34% to the loss before income tax as follows:

	Six Months Ended June 30,
	2012			2011
Income tax expense at statutory rate	$	(136,100	)		-
Valuation allowance		136,100			-
Income tax expense	$	-			-

The Tax Reform Act of 1986 contains provisions that limit the utilization of net operating loss and tax credit carryforwards if there has been a change of ownership as described in Section 382 of the Internal Revenue Code. A limitation under these provisions would reduce the amount of losses available to offset future taxable income of the Company.

NOTE 6 –RELATED PARTY TRANSACTIONS

During the period, various expenses of the Company, including advances for operating purposes, have been paid for or made by the officers and shareholders of the Company. At June 30, 2012, amounts due to related parties totaled $60,000 in notes payable. The notes bear interest at rates varying between 8% and 10% and are due on September 15, 2013.  Interest expense of $1,182 was charged to operations for the six months ended June 30, 2012.

NOTE 7 – COMMITMENTS AND CONTINGENCIES

Lease Commitment

The Company entered into an office service agreement for office space for a term of 12 months effective April 16, 2012.  The monthly office fee under the agreement is $2,899.

NOTE 8 – SHAREHOLDERS’ DEFICIT

On February 17, 2012, the Company issued 100,000 shares of common stock to a director. The shares were valued at $1.30 per share.

Stock incentive plans

In May 2011, the Company adopted the 2011 Stock Incentive Plan. The 2011 Plan is a shareholder approved plan that provides for broad-based equity grants to employees, officers, directors, consultants, agents, advisors and independent contractors of the Company.  The 2011 Plan allows for the granting of awards including options, stock appreciation rights, stock awards, restricted stock, performance based awards, cash-based awards or other incentive payable in cash or in shares of common stock.

F-7

The 2011 Plan provides for the granting of options to purchase up to 800,000 shares of common stock.  There were 777,026 options granted and exercised to date.  Options granted under the 2011 Plan have a 1-year term and may be incentive stock options or non-qualified.  The Company recognized $2,711,822 in compensation expense.  At June 30, 2012 and December 31, 2011, there were no options outstanding under the 2011 Plan.

On May 21, 2012, the Company issued an aggregate of approximately 4,200,000 shares of restricted stock to certain of its directors, executive officers and employees. The shares will vest in three equal annual installments ending in 2015.  Unvested restricted shares are subject to forfeiture.  The Company records compensation expense over the vesting period based on the fair market value on the date of grant for each share, adjusted for forfeitures. During the six months ended June 30, 2012, compensation expense of $151,007 was recorded in connection with these shares.

NOTE 9 – SUBSEQUENT EVENTS

On April 1, 2013, the Company executed a one-for-ten reverse stock split of the issued and outstanding shares of common stock.   The number of authorized shares and the par value of the common stock were not changed.  The accompanying financial statements have been restated to reflect this reverse stock split.

In accordance with FASB ASC 855, Subsequent Events, the Company evaluates events and transactions that occur after the balance sheet date for potential recognition in the consolidated financial statements. The effects of all subsequent events that provide additional evidence of conditions that existed at the balance sheet date are recognized in the consolidated financial statements as of June 30, 2012. In preparing these consolidated financial statements, the Company evaluated the events and transactions that occurred through the date these consolidated financial statements were issued. 

F-8

ITEM 2. MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS

This report includes a number of forward looking statements that reflect our current views with respect to future events and financial performance. Forward looking statements are often identified by words like: believe, expect, estimate, anticipate, intend, project and similar expressions, or words which, by their nature, refer to future events. You should not place undue certainty on these forward looking statements, which apply only as of the date of this quarterly report. These forward looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from historical results or our predictions.

Company Overview

We were incorporated in the State of Delaware on August 2, 2007.  In October 2011, we transferred our Specialty Beverage subsidiary and related assets to certain of our stockholders in exchange for their surrender to us of approximately 23 million shares of our outstanding common stock then owned by them (the “Split Off”).  The Split Off was effected in order to enable the Company to focus on marketing and branding opportunities available to us in the natural and organic beverage market.  During the period following the Split Off, we have devoted our time and resources to positioning the Company to enter and compete in the natural and organic beverage market, but have not yet engaged in material commercial operations in such market.

Current Developments

On December 28, 2011, we changed our name from “Mojo Ventures, Inc.” to “Mojo Organics, Inc.”  We effected this name change to better reflect our focus on the natural and organic beverage market.

On January 27, 2012, we appointed Jeffrey A. Devlin and J. Robert LeShufy to serve as members of our board of directors.

RESULTS OF OPERATIONS

Three Months and Six Months Ended June 30, 2012 and June 30, 2011

Revenues

We did not generate any revenues from product sales for the six months and three months ended June 30, 2012 and 2011.

Total operating expenses

For the six months ended June 30, 2012 and 2011, total operating expenses were $400,375 and $0, respectively.  Operating expenses increased $400,375 during the six months ended June 30, 2012 compared to the same period of 2011.  This increase was due primarily to compensation expenses incurred in connection with the issuance of restricted stock, as well as increased professional fees. The legal and accounting fees were incurred primarily due to the restructuring of the Company.

For the three months ended June 30, 2012 and 2011, total operating expenses were $176,370 and $0, respectively.  Operating expenses increased $176,370 during the second quarter of 2012 compared to the same period of 2011.   This was the result of prior operating expenses of the Company being reported in discontinued operations which had no benefit to the current business of the Company.

Discontinued Operations

In connection with the Split-Off, we incurred a loss from discontinued operations of $1,703,091 and $1,204,700 for the six months and three months ended June 30, 2011, respectively.

4

Net loss

For the six months ended June 30, 2012 and 2011, net losses were $400,375 and $1,703,091, respectively.  For the three months ended June 30, 2012 and 2011, net losses were $176,370 and $1,204,700, respectively.

LIQUIDITY AND CAPITAL RESOURCES

At our current level of operation, we do not have sufficient cash to meet our expenses for the next six months. We expect that we will need to obtain additional capital in order to maintain our public company regulatory requirements and execute our business plan, build our operations and become profitable. In order to obtain capital, we may need to sell additional equity or debt securities, or borrow funds from private lenders or banking institutions. We have not made any decisions with respect to any such financing. There can be no assurance that we will be successful in obtaining additional funding in amounts or on terms acceptable to us, if at all. If we are unable to raise additional funding as necessary, we may have to suspend our operations temporarily or cease operations entirely.

OFF-BALANCE SHEET ARRANGEMENTS

We have no off-balance sheet arrangements.

GOING CONCERN

Our financial statements are prepared using generally accepted accounting principles in the United States of America applicable to a going concern which contemplates the realization of assets and liquidation of liabilities in the normal course of business. We have not yet established an ongoing source of revenues sufficient to cover our operating costs and allow us to continue as a going concern. Our auditors have indicated that our ability to continue as a going concern is dependent on our obtaining adequate capital to fund operating losses until we become profitable. If we are unable to obtain adequate capital, we could be forced to cease operations.

In order to continue as a going concern, we will need, among other things, additional capital resources. Management’s plan is to obtain such resources for the Company by obtaining capital from management, significant shareholders and third parties through the sale of equity and/or debt financing sufficient to meet our minimal operating expenses. However management cannot provide any assurances that will be successful in accomplishing any of our plans.

Our ability to continue as a going concern is dependent upon our ability to successfully accomplish the plans described in the preceding paragraph and eventually secure other sources of financing and attain profitable operations. The accompanying financial statements do not include any adjustments that might be necessary if we are unable to continue as a going concern.

ITEM 3.  QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISKS

Not Applicable.

ITEM 4.  CONTROLS AND PROCEDURES

Evaluation of Disclosure Controls and Procedures

Disclosure controls and procedures include, without limitation, controls and procedures designed to ensure that information required to be disclosed by an issuer in the reports that it files or submits under the Exchange Act of 1934 (the “Exchange Act”) is accumulated and communicated to the issuer's management, including its principal executive and principal financial officers, or persons performing similar functions, as appropriate to allow timely decisions regarding required disclosure. It should be noted that the design of any system of controls is based in part upon certain assumptions about the likelihood of future events, and there can be no assurance that any design will succeed in achieving its stated goals under all potential future conditions, regardless of how remote.

The management of Mojo Organics, Inc. is responsible for establishing and maintaining an adequate system of internal control over financial reporting (as defined in Rule 13a-15(f) under the Exchange Act. Under the supervision and with the participation of our senior management, consisting of Glenn Simpson, our principal executive and financial officer, we conducted an evaluation of the effectiveness of the design and operation of our disclosure controls and procedures, as defined in Rules 13a-15(e) and 15d-15(e) under the Exchange Act as of the end of the period covered by this report (the “Evaluation Date”). Based on this evaluation, our principal executive and financial officer concluded, as of the Evaluation Date, that our disclosure controls and procedures were not effective because of the identification of what might be deemed a material weakness in our internal control over financial reporting which is identified below.

5

Our internal control over financial reporting is a process designed to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes of accounting principles generally accepted in the United States.  Because of its inherent limitations, internal control over financial reporting may not prevent or detect misstatements. Therefore, even those systems determined to be effective can provide only reasonable assurance of achieving their control objectives. In evaluating the effectiveness of our internal control over financial reporting, our management used the criteria set forth by the Committee of Sponsoring Organizations of the Treadway Commission (COSO) in Internal Control—Integrated Framework. Based on this evaluation, our sole officer concluded that, during the period covered by this quarterly report, our internal controls over financial reporting were not operating effectively. Management did not identify any material weaknesses in our internal control over financial reporting as of June 30, 2012; however, it has identified the following deficiencies that, when aggregated, may possibly be viewed as a material weakness in our internal control over financial reporting as of that date:

1.   We do not have an audit committee. While we are not currently obligated to have an audit committee, including a member who is an “audit committee financial expert,” as defined in Item 407 of Regulation S-K, under applicable regulations or listing standards, it is management’s view that such a committee is an important internal control over financial reporting, the lack of which may result in ineffective oversight in the establishment and monitoring of internal controls and procedures.

2.   We did not maintain proper segregation of duties for the preparation of our financial statements. We currently only have one officer overseeing all transactions. This has resulted in several deficiencies including the lack of control over preparation of financial statements, and proper application of accounting policies:

Management believes that the two material weaknesses set forth above did not have an effect on our financial results. However, management believes the two material weaknesses set forth above could result in a material misstatement in our financial statements in future periods.

Management's Remediation Initiatives

In an effort to remediate the identified material weaknesses and other deficiencies and enhance our internal controls, we plan to initiate the following series of measures once we have the financial resources to do so:

We will create a position to segregate duties consistent with control objectives and will increase our personnel resources and technical accounting expertise within the accounting function. Additionally, we plan to appoint one or more outside directors to our board of directors who shall be appointed to an audit committee resulting in a fully functioning audit committee who will undertake the oversight in the establishment and monitoring of required internal controls and procedures such as reviewing and approving estimates and assumptions made by management.

Management believes that the appointment of one or more outside Directors, who shall be appointed to a fully functioning audit committee, would remedy the lack of a functioning audit committee and a lack of a majority of outside directors on our Board.

Changes in Internal Controls over Financial Reporting

There was no change in our internal controls over financial reporting that occurred during the period covered by this report, which has materially affected, or is reasonably likely to materially affect, our internal controls over financial reporting.

6

PART II - OTHER INFORMATION

ITEM 1.  LEGAL PROCEEDINGS

None.

ITEM 1A.  RISK FACTORS

Not Applicable.

ITEM 2.  UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS

None.

ITEM 3.  DEFAULTS UPON SENIOR SECURITIES

None.

ITEM 4.  MINE SAFETY DISCLOSURES

Not Applicable.

ITEM 5.  OTHER INFORMATION.

None.

ITEM 6.  EXHIBITS

The following Exhibits are being filed with this Quarterly Report on Form 10-Q:

Exhibit No.	Description
10.1	Form of Restricted Stock Agreement
31	Certification pursuant to SEC Rules 13a-14(a) and 15d-14(a), adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002
32	Certification pursuant to 18 U.S.C. Section 1350, adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002

7

SIGNATURES

In accordance with the requirements of the Securities and Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

Mojo Organics, Inc.
Date:	June 25, 2013
By:	/s/ Glenn Simpson
Name:	Glenn Simpson
Title:	Chief Executive Officer and Director

8

EX-10.1

Exhibit 10.1

AMENDED AND RESTATED

RESTRICTED STOCK AGREEMENT

AGREEMENT made as of the day of  , 20, by and between Mojo Organics, Inc., a Delaware corporation (the “Company”), and (the “Executive”).

WHEREAS, on  , 20, the Company’s Board of Directors (“Board”) determined to issue to the Executive shares of common stock of the Company______, $.001 par value (“Shares”);

WHEREAS, the Company and Executive entered into a Restricted Stock Agreement, dated as of    (the “Original Agreement”), setting forth the terms by which the Shares are issued to the Executive and by which they vest;

WHEREAS, potential investors in the Company have demanded that the initial vesting period of the Shares be modified to occur on a date later than that contained in the Original Agreement; and

WHEREAS, the Company and Executive desire to amend and restate the Original Agreement in its entirety as set forth herein.

IT IS AGREED:

1.             Grant of Restricted Shares.

(i)             The Company hereby issues to the Executive   Shares on the terms and conditions set forth herein.  All of the Shares shall be subject to forfeiture during the period terminating   , 20 (“Restriction Period”).  The Shares shall be represented by three stock certificates registered in the name of the Executive, each of which shall represent  Shares.  The certifi­cates (collectively, the “Restricted Share Certificates”) shall bear the legends set forth in Sections 5(v) and 5(vi) of this Agreement.  The Restricted Share Certificates shall be deposited by the Executive with the Company, together with stock powers endorsed in blank, which will permit transfer to the Company of all or any portion of the Shares represented by such certificates (the “Restricted Shares”) that shall be forfeited or shall not become vested in accordance with the terms of this Agreement.

(ii)            After issuance, the Restricted Shares shall constitute issued and outstanding shares of Common Stock for all corporate purposes unless and until forfeited in accordance with the terms hereof.  The Executive shall have the right to vote such Restricted Shares, to receive and retain all cash dividends as the Board may, in its sole discretion, pay on such Restricted Shares, and to exercise all of the rights, powers and privileges of a holder of Common Stock with respect to such Restricted Shares, except that (a) the Executive shall not be entitled to delivery of the Restricted Share Certificates until the Restricted Shares represented by the Restricted Share Certificates vest in accordance with subparagraph (iii) below; and (b) other than cash dividends as the Board, in its sole discretion, distributes, the Company will retain custody of all distributions (“Retained Distributions”) made or declared with respect to the Restricted Shares (and such Retained Distributions will be subject to the same restrictions, terms and conditions as applicable to the Restricted Shares) until such time, if ever, as the Restricted Shares with respect to which such Retained Distributions shall have been distributed have become vested.

(iii)           On   , 20, if the Executive is still employed by the Company , of the Restricted Shares and the Retained Distributions with respect thereto shall become vested.  On, 20, if the Executive is still employed by the Company   , of the Restricted Shares and the Retained Distributions with respect thereto shall become vested.  On  , 20, if the Executive is still employed by the Company ,  of the Restricted Shares and the Retained Distributions with respect thereto shall become vested. After the date that any of the Restricted Shares become vested, upon the request of the Executive the Company shall promptly instruct its transfer agent to issue and deliver to the Executive a new certificate for the Shares that have vested, which certificate shall not bear the legend set forth in Section 5(vi). If, at any time prior to the vesting of the Restricted Shares in accordance with this Section 1(iii), the Executive’s employment with the Company is terminated, then the Restricted Shares that have not then vested (and the Retained Distributions with respect thereto) shall be forfeited to the Company and the Executive shall not thereafter have any rights with respect to such Restricted Shares.  Notwithstanding the foregoing, if Executive’s employment with the Company is terminated at any time other than by the Company for “Cause” or by the Executive without “Good Reason” (each as defined in the Executive’s employment agreement with the Company), then all of the Restricted Shares shall automatically vest.

1

(iv)          Nothing in this Agreement shall confer on the Executive any right to continue in the employ of, or other relationship with, the Company (or with any parent, subsidiary or affiliate of the Company) or limit in any way the right of the Company (or of any parent, subsidiary or affiliate of the Company) to terminate the Executive’s employment or other relationship with the Company (or with any parent, subsidiary or affiliate of the Company) at any time, with or without cause.

2.             Withholding Tax.  The Company shall have the right to withhold from Executive that number of Shares having a Fair Market Value (as defined below) equal to the minimum amount of any federal, state or local income and/or payroll taxes required by law to be withheld and to take such other action as the Board may deem advisable to enable the Company and Executive to satisfy obligations for the payment of withholding taxes and other tax obligations relating to the vesting of Shares.  Solely for purposes of this section, “Fair Market Value” means as of any given date: (i) if the Shares are listed on a national securities exchange or The Nasdaq Stock Market, LLC (“Nasdaq”), the last sale price of the Shares in the principal trading market for the Shares on such date, as reported by the exchange or Nasdaq, as the case may be; (ii) if the Shares are not listed on a national securities exchange or Nasdaq, but are traded in the over-the-counter market, the closing bid price for the Shares on such date, as reported by the OTC Bulletin Board or Pink Sheets, LLC or similar publisher of such quotations; and (iii) if the fair market value of the Shares cannot be determined pursuant to clause (i) or (ii) above, such price as the Board shall determine, in good faith.

3.             Nonassignability of Restricted Shares.  The Restricted Shares shall not be assignable or transferable until they have vested.

4.             Company Representations.  The Company hereby represents and warrants to the Executive that:

(i)            the Company, by appropriate and all required action, is duly authorized to enter into this Agreement and consummate all of the transactions contemplated hereunder; and

(ii)           the Shares, when issued and delivered by the Company to the Executive in accordance with the terms and conditions hereof, will be duly and validly issued and fully paid and non-assessable.

5.             Executive Representations.  The Executive hereby represents and warrants to the Company that:

(i)            he is acquiring the Shares for his own account and not with a view towards the distribution thereof;

(ii)           he understands that he must bear the economic risk of the invest­ment in the Shares, which cannot be sold by him unless they are registered under the Securities Act of 1933, as amended (“Securities Act”), or an exemption therefrom is available thereunder and that the Company is under no obli­gation to register the Shares for sale under the Securities Act;

2

(iii)          in his position with the Company, he has had both the opportunity to ask questions and receive answers from the officers and directors of the Company and all persons act­ing on its behalf concerning the terms and conditions of the offer made hereunder and to obtain any additional informa­tion to the extent the Company possesses or may possess such infor­mation or can acquire it without unreasonable effort or expense;

(iv)          he is aware that the Company shall place stop transfer orders with its transfer agent against the transfer of the Shares in the absence of registration under the Securities Act or an exemption therefrom as provided herein; and

(v)           the certificates evidencing the Shares shall bear the following legend:

“THE SHARES REPRESENTED BY THIS CERTIFICATE HAVE BEEN ACQUIRED FOR INVESTMENT.  THE SHARES MAY NOT BE SOLD OR TRANSFERRED IN THE ABSENCE OF AN EFFECTIVE REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933, AS AMENDED, OR AN EXEMPTION THEREFROM UNDER SAID ACT.”

(vi)          the certificates evidencing the Restricted Shares shall also bear the following legend:

“THE SHARES REPRESENTED BY THIS CERTIFICATE HAVE BEEN ACQUIRED PURSUANT TO A RESTRICTED STOCK AGREEMENT, A COPY OF WHICH IS ON FILE WITH THE COMPANY, AND MAY NOT BE TRANSFERRED, PLEDGED OR DISPOSED OF EXCEPT IN ACCORDANCE WITH THE TERMS AND CONDITIONS THEREOF.”

6.             Restriction on Transfer of Shares.  Anything in this Agreement to the contrary notwithstanding, the Executive hereby agrees that he shall not sell, transfer by any means or otherwise dispose of the Shares acquired by him without registration under the Securities Act, or in the event that they are not so registered, unless (i) an exemption from the Securities Act registra­tion requirements is avail­able thereunder, and (ii) the Executive has furnished the Company with notice of such proposed transfer and the Company’s legal coun­sel, in its reasonable opinion, shall deem such proposed transfer to be so exempt.  Further, the Executive agrees that he shall abide by all of the Company’s policies in effect at the time the Shares vest and thereafter, including the Company’s Insider Trading Policy, with respect to the ownership and trading of the Company’s securities.

7.             Miscellaneous.

7.1           Notices.  All notices, requests, deliv­eries, payments, demands and other communications that are required or permitted to be given under this Agreement shall be in writing and shall be either delivered personally or sent by regis­tered or certified mail, or by private courier, return receipt requested, postage prepaid to the Company at its principal executive office and to the Executive at his address set forth below, or to such other address as either party shall have specified by notice in writing to the other.  Notice shall be deemed duly given hereunder when delivered or mailed as provided herein.

7.2           Waiver.  The waiver by any party hereto of a breach of any provision of this Agreement shall not operate or be construed as a waiver of any other or subsequent breach.

3

7.3           Entire Agreement.  This Agreement consti­tute the entire agreement between the parties with respect to the subject matter hereof.  This Agreement may not be amended except by writing executed by the Executive and the Company.  The Original Agreement is superseded in all respects by this Agreement, and the Original Agreement is no longer of any effect.

7.4           Binding Effect; Successors.  This Agree­ment shall inure to the benefit of and be binding upon the parties hereto and, to the extent not prohibited herein, their respective heirs, successors, assigns and representatives.  Nothing in this Agreement, expressed or implied, is intended to confer on any per­son other than the parties hereto and as provided above, their respective heirs, successors, assigns and representatives any rights, remedies, obligations or liabilities.

7.5           Governing Law.  This Agreement shall be governed by and construed in accordance with the laws of the State of Delaware (without regard to choice of law provisions).

7.6           Headings.  The headings contained herein are for the sole purpose of convenience of reference, and shall not in any way limit or affect the meaning or interpretation of any of the terms or provisions of this Agreement.

IN WITNESS WHEREOF, the parties hereto have signed this Agreement as of the day and year first above written.

EXECUTIVE:	MOJO ORGANICS, INC.
	By:	/s/
		Name
Address of Executive:		Title

4

EX-31

EXHIBIT 31

CERTIFICATIONS

I, Glenn Simpson, certify that;

1.	I have reviewed this quarterly report on Form 10-Q for the quarter ended June 30, 2012 of Mojo Organics, Inc. (the registrant”);
2.	Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;

4. The registrant’s other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:

a. Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

b.	Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;
c.	Evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and

d. Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter (the registrant's fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and

5. The registrant’s other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of the registrant’s board of directors (or persons performing the equivalent functions):

a. All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial information; and

b. Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.

Date:	June 25, 2013
/s/ Glenn Simpson
By:	Glenn Simpson
Title:	Chief Executive Officer (Principal Executive and Principal Financial Officer)

EX-32

EXHIBIT 32

CERTIFICATION OF CHIEF EXECUTIVE OFFICER AND

CHIEF FINANCIAL OFFICER

PURSUANT TO

18 U.S.C. SECTION 1350,

AS ADOPTED PURSUANT TO

SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002

In connection with the quarterly report of Mojo Organics, Inc. (the Company”) on Form 10-Q for the quarter ended June 30, 2012 filed with the Securities and Exchange Commission (the Report”), I, Glenn Simpson, Principal Executive and Principal Financial Officer of the Company, certify, pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, that:

1.   The Report fully complies with the requirements of Section 13(a) of the Securities Exchange Act of 1934; and

2.   The information contained in the Report fairly presents, in all material respects, the consolidated financial condition of the Company as of the dates presented and the consolidated result of operations of the Company for the periods presented.

By:	/s/ Glenn Simpson
Name:	Glenn Simpson
Title:	Chief Executive Officer (Principal Executive and Principal Financial Officer)
Date:	June 25, 2013

A signed original of this written statement, or other document authenticating, acknowledging, or otherwise adopting the signature that appears in typed form within the electronic version of this written statement, has been provided to Mojo Organics, Inc., and will be retained by Mojo Organics, Inc., and furnished to the Securities and Exchange Commission or its staff upon request.

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Income Tax (Tables)

6 Months Ended

Jun. 30, 2012

Income Tax [Abstract]

Schedule of statutory U.S. federal income tax rate

	Six Months Ended June 30,
	2012			2011
Income tax expense at statutory rate	$	(136,100	)		-
Valuation allowance		136,100			-
Income tax expense	$	-			-

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Condensed Consolidated Statements of Operations (Unaudited) (USD $)	3 Months Ended		6 Months Ended
	Jun. 30, 2012	Jun. 30, 2011	Jun. 30, 2012	Jun. 30, 2011
Income Statement [Abstract]
Revenues
Cost of Revenues
Gross Profit
Operating Expenses
General and administrative	176,370		400,375
Total Operating Expenses	176,370		400,375
Loss from Continuing Operations	(176,370)		(400,375)
Discontinued Operations
Loss from discontinued operations		(1,204,700)		(1,703,091)
Loss Before Provision for Income Taxes	(176,370)	(1,204,700)	(400,375)	(1,703,091)
Provision for Income Taxes
Net Loss	$ (176,370)	$ (1,204,700)	$ (400,375)	$ (1,703,091)
Net loss from continuing operations per common share, basic and fully diluted	$ (0.04)	$ 0.00	$ (0.09)	$ 0.00
Net loss from discontinued operations per common share, basic and fully diluted	$ 0.00	$ (0.26)	$ 0.00	$ (0.35)
Basic and diluted weighted average number of common shares outstanding	4,311,581	4,646,055	4,285,207	4,834,796

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Income Tax

6 Months Ended

Jun. 30, 2012

Income Tax [Abstract]

INCOME TAX

NOTE 5 – INCOME TAX

The Company accounts for income taxes under the assets and liability method. Deferred tax assets are recognized for deductible temporary differences and operating loss and tax credit carry forwards and deferred tax liabilities are recognized for taxable temporary differences. Temporary differences are the differences between the reported amounts of assets and liabilities and their tax bases. Deferred tax assets are reduced by a valuation allowance when, in the opinion of management, it is more likely than not that some portion or all of the deferred tax assets will be realized.

The reported provision for income tax differs from the amount computed by applying the statutory U.S. federal income tax rate of 34% to the loss before income tax as follows:

	Six Months Ended June 30,
	2012			2011
Income tax expense at statutory rate	$	(136,100	)		-
Valuation allowance		136,100			-
Income tax expense	$	-			-

The Tax Reform Act of 1986 contains provisions that limit the utilization of net operating loss and tax credit carryforwards if there has been a change of ownership as described in Section 382 of the Internal Revenue Code. A limitation under these provisions would reduce the amount of losses available to offset future taxable income of the Company.

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Related Party Transactions (Details) (USD $)	6 Months Ended
	Jun. 30, 2012	Dec. 31, 2011
Related Party Transactions (Textual)
Notes payable to related parties	$ 60,000
Interest expense charged to operations	$ 1,182
Notes Payable [Member]
Related Party Transactions (Textual)
Minimum interest rate on notes payable	8.00%
Maximum interest rate on notes payable	10.00%
Due date of note payable	Sep. 15, 2013

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Organization and Basis of Presentation (Details) (USD $)	0 Months Ended
	May 13, 2011 Merger Agreement [Member] SBSI [Member]	May 13, 2011 Purchase Agreement [Member] Shareholder	May 13, 2011 Purchase Agreement [Member] Former Chief Executive Officer [Member]	Oct. 27, 2011 Split Off Agreement [Member] Acquisition Sub [Member]
Organization and Basis of Presentation (Textual)
Common stock issued during period	1,955,213
Common stock issued to retire certain debt	746,285
Interest rate of subordinated convertible debentures	9.00%
Membership interest transferred in exchange for the assumption of Company account payables			$ 200,000
Cancellation of company's common stock		800,000	8,000,000	2,330,775
Cancellation of indebtedness owed by the company			$ 2,759
Number of shareholders		2

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Subsequent Events (Details) (Subsequent Event [Member])	6 Months Ended
	Jun. 30, 2012
Subsequent Event [Member]
Subsequent Event (Textual)
Reverse stock split	One-for-ten

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Shareholders' Deficit (Details) (USD $)	6 Months Ended	0 Months Ended		6 Months Ended
	Jun. 30, 2012 2011 Plan [Member]	Feb. 17, 2012 Director [Member]	May 21, 2012 Directors, Executive Officers and Employees [Member]	Jun. 30, 2012 Directors, Executive Officers and Employees [Member]
Shareholders' Deficit (Textual)
Common stock issued during period		100,000
Shares issued during period, price per share		$ 1.30
Options granted to purchase number of common stock	800,000
Number of options granted	777,026
Number of options exercises	777,026
Compensation expense	$ 2,711,822			$ 151,007
Restricted stock issued			4,200,000
Term of Stock incentive plan	1-year term

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Commitments and Contingencies (Details) (Office Service Agreement [Member], USD $)	6 Months Ended
	Jun. 30, 2012
Office Service Agreement [Member]
Commitments and Contingencies (Textual)
Monthly office fee	$ 2,899
Term of office lease	12 months

XML

Organization and Basis of Presentation

6 Months Ended

Jun. 30, 2012

Organization and Basis Of Presentation [Abstract]

ORGANIZATION AND BASIS OF PRESENTATION

NOTE 1 – ORGANIZATION AND BASIS OF PRESENTATION

Corporate Changes and History of Company

Mojo Organics, Inc. (the “Company”) was incorporated in the State of Delaware on August 2, 2007.

On May 13, 2011, the Company entered into an Agreement and Plan of Merger (the “Merger Agreement”) with Specialty Beverage and Supplement, Inc., a privately held Nevada corporation (“SBSI”) and SBSI Acquisition Corp., a Nevada corporation and wholly-owned subsidiary of the Company (“Acquisition Sub”), pursuant to which SBSI merged with and into Acquisition Sub (the “Merger”) with the filing of the Articles of Merger with the Nevada Secretary of State on May 13, 2011. The Merger was accounted for as a reverse acquisition and recapitalization in which SBSI became the acquirer for accounting purposes and the Company became the issuer. The value of Mojo’s common stock that was issued was the historical cost of Mojo’s net tangible assets, which did not differ materially from their fair value.As a result of the acquisition of SBSI through the reverse merger transaction, the board of directors approved a change in the Company’s fiscal year end from September 30 to December 31.

In accordance with the terms of the Merger Agreement, at the closing, an aggregate of 1,955,213 shares of the Company’s common stock were issued to the holders of SBSI’s common stock in exchange for their shares of SBSI.

On May 13, 2011, simultaneously with the consummation of the Merger, the Company issued 746,285 shares of common stock to retire certain debt in SBSI held by the holders of 9% subordinated convertible debentures.

On May 13, 2011, simultaneously with the consummation of the Merger, in a separate transaction, the Company entered into a Membership Interest Purchase Agreement (the “Purchase Agreement”) with its former Chief Executive Officer and sole director. Pursuant to the Purchase Agreement, the Company transferred all of its membership interests in Mojo Shopping, LLC, a wholly owned subsidiary of the Company (the “LLC”), to the former Chief Executive Officer in exchange for the assumption of Company account payables in the amount of approximately $200,000, the cancellation of 8,000,000 of the former Chief Executive Officer’s shares of the Company’s common stock, and the cancellation of indebtedness owed by the Company to the former Chief Executive Officer in the amount of $2,759.  Also, simultaneously with the consummation of the Merger, the Company cancelled an aggregate of 800,000 shares of the Company’s common stock held by two shareholders.

On October 27, 2011 the board of directors approved a Split-Off agreement with Acquisition Sub.  In the Split-Off, the Company assigned and transferred to Acquisition Sub all of the issued and outstanding shares of capital stock of SBSI in exchange for the surrender by certain stockholders to the Company for cancellation an aggregate to 2,330,775 shares (the “Shares”) of the Company’s common stock.

In the Split-Off, SBSI assigned the Dispensing Cap and Pinch assets (including all related intellectual property (patent pending and trademarks)) to Mojo Organics, Inc., the Company’s wholly owned subsidiary newly organized to receive these assets, and retained all of its other assets and all liabilities, including its (and the Company’s former) principal office and distribution facilities in Holbrook, New York, as well as the Company’s other subsidiary, Graphic Gorilla LLC.

The financial position and activity of the Company prior to Split-Off were accounted for as a discontinued operations (See Note 4).

Corporate Name Changes

On April 28, 2011, the Company filed an amendment to its Certificate of Incorporation in Delaware to change its name from Mojo Shopping, Inc. to Mojo Ventures, Inc.

On December 21, 2011, the board of directors adopted resolutions authorizing an amendment to the Company’s Certificate of Incorporation to change its name from Mojo Ventures, Inc. to Mojo Organics, Inc.  On December 28, 2011, the Company filed the amendment with the Secretary of State of the State of Delaware effecting the name change. Additionally, the name change was submitted to The Financial Industry Regulatory Authority (“FINRA”).  The Company has not asked FINRA to authorize a new trading symbol and thus, its trading symbol will remain “MOJO”.

On December 27, 2011, the Company’s wholly owned operating subsidiary, Mojo Organics, Inc. changed its name to Mojo Organics Operating Company, Inc.

Line of Business

The Company is currently evaluating its plans with respect to the further development of its Dispensing Cap Technology and Pinch zero-calorie natural and organic sweetener.   In addition, the Company is evaluating other marketing and branding opportunities.

Basis of Presentation

For 2011, the accompanying condensed consolidated financial statements include the accounts of the Company and its formerly wholly-owned subsidiaries, SBSI Acquisition Corp, Specialty Beverage and Supplement Inc. and Graphic Gorilla LLC. For 2012, the accompanying condensed consolidated financial statements include the accounts of the Company and its wholly owned subsidiary, Mojo Organics Operating Company, Inc. All significant inter-company accounts and transactions were eliminated in consolidation.

Interim Consolidated Financial Statements

The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with Accounting principles accepted in the United States of America (“GAAP”) and in conformity with the instructions to form 10-Q and article 10 of Regulation S-X and the related rules and regulations of the Securities and Exchange Commission (“SEC”). Accordingly, certain information and note disclosures normally included in financial statements prepared in accordance with GAAP have been condensed or omitted pursuant to such rules and regulations; however, we believe that the disclosures included in these financial statements are adequate to make the information presented not misleading. The unaudited condensed consolidated financial statements included in this document have been prepared on the same basis as the annual consolidated financial statements, and in our opinion reflect all adjustments, which include normal recurring adjustments necessary for a fair presentation in accordance with GAAP and SEC regulations for interim financial statements. The results for the six months ended June 30, 2012 are not necessarily indicative of the results that we will have for any subsequent period. These unaudited condensed consolidated financial statements should be read in conjunction with the audited consolidated financial statements and the notes to those statements for the year ended December 31, 2011 included in our Annual  Report on form 10-K.

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Going Concern

6 Months Ended

Jun. 30, 2012

Going Concern [Abstract]

GOING CONCERN

NOTE 3 - GOING CONCERN

The Company's financial statements are prepared using generally accepted accounting principles in the United States of America applicable to a going concern which contemplates the realization of assets and liquidation of liabilities in the normal course of business. The Company has not yet established an ongoing source of revenues sufficient to cover its operating costs and allow it to continue as a going concern. As of June 30, 2012, the Company incurred net loss from continuing operations of $400,375. At June 30, 2012, the Company had a working capital deficit of $293,940 and accumulated losses of $9,142,463 which includes accumulated losses from discontinued operations of $8,576,094. The ability of the Company to continue as a going concern is dependent on the Company obtaining adequate capital to fund operating losses until it becomes profitable. These conditions raise substantial doubt about the Company’s ability to continue as going concern.

In order to continue as a going concern, the Company will need, among other things, additional capital resources. Management's plan is to obtain such resources for the Company by obtaining capital from management and significant shareholders sufficient to meet its minimal operating expenses and seeking equity and/or debt financing. However management cannot provide any assurances that the Company will be successful in accomplishing any of its plans.

The ability of the Company to continue as a going concern is dependent upon its ability to successfully accomplish the plans described in the preceding paragraph and eventually secure other sources of financing and attain profitable operations. The accompanying financial statements do not include any adjustments that might be necessary if the Company is unable to continue as a going concern.

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Related Party Transactions

6 Months Ended

Jun. 30, 2012

Related Party Transactions [Abstract]

RELATED PARTY TRANSACTIONS

NOTE 6 –RELATED PARTY TRANSACTIONS

During the period, various expenses of the Company, including advances for operating purposes, have been paid for or made by the officers and shareholders of the Company. At June 30, 2012, amounts due to related parties totaled $60,000 in notes payable. The notes bear interest at rates varying between 8% and 10% and are due on September 15, 2013.  Interest expense of $1,182 was charged to operations for the six months ended June 30, 2012.

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Discontinued Operations

6 Months Ended

Jun. 30, 2012

Discontinued Operations [Abstract]

DISCONTINUED OPERATIONS

NOTE 4 – DISCONTINUED OPERATIONS

In connection with the Split-Off discussed in Note 1, the following table summarizes the loss from discontinued operations for the six months ended June 30, 2011:

Loss from discontinued operations $ 1,703,091

There were no assets or liabilities from discontinued operations at December 31, 2011.

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Condensed Consolidated Balance Sheets (Unaudited) (Parenthetical) (USD $)	Jun. 30, 2012	Dec. 31, 2011
Balance Sheets [Abstract]
Preferred stock, authorized	10,000,000	10,000,000
Preferred stock, par value	$ 0.001	$ 0.001
Preferred stock, shares issued
Preferred stock, shares outstanding
Common stock, shares authorized	190,000,000	190,000,000
Common stock, par value	$ 0.001	$ 0.001
Common stock, shares issued	8,080,212	3,862,025
Common stock, shares outstanding	8,080,212	3,862,025

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Subsequent Events

6 Months Ended

Jun. 30, 2012

Subsequent Events [Abstract]

SUBSEQUENT EVENTS

NOTE 9 – SUBSEQUENT EVENTS

On April 1, 2013, the Company executed a one-for-ten reverse stock split of the issued and outstanding shares of common stock.   The number of authorized shares and the par value of the common stock were not changed.  The accompanying financial statements have been restated to reflect this reverse stock split.

In accordance with FASB ASC 855, Subsequent Events, the Company evaluates events and transactions that occur after the balance sheet date for potential recognition in the consolidated financial statements. The effects of all subsequent events that provide additional evidence of conditions that existed at the balance sheet date are recognized in the consolidated financial statements as of June 30, 2012. In preparing these consolidated financial statements, the Company evaluated the events and transactions that occurred through the date these consolidated financial statements were issued.

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Condensed Consolidated Statements of Cash Flows (Unaudited) (USD $)	6 Months Ended
	Jun. 30, 2012	Jun. 30, 2011
Cash flows from operating activities:
Net loss	$ (400,375)	$ (1,703,091)
Loss from discontinued operations		(1,703,091)
Loss from continuing operations	(400,375)
Depreciation	74
Stock issued for compensation	281,007
Changes in assets and liabilities:
Increase in security deposits	(5,798)
Increase in accounts payable and accrued expenses	69,497
Net cash used in operating activities	(55,595)
Net cash used in investing activities:
Purchases of property and equipment	(2,854)
Net cash provided by financing activities:
Notes Payable to related parties	60,000
Net increase in cash and cash equivalents	1,551
Cash and cash equivalents at beginning of period
Cash and cash equivalents at end of period	1,551
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:
Interest paid
Taxes paid

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Condensed Consolidated Balance Sheets (Unaudited) (USD $)	Jun. 30, 2012	Dec. 31, 2011
CURRENT ASSETS:
Cash	$ 1,551
PROPERTY AND EQUIPMENT	2,780
OTHER ASSETS
Security deposits	5,798
TOTAL ASSETS	10,129
CURRENT LIABILITIES:
Accounts payable	235,491	165,994
Notes payable to related parties	60,000
Total Current Liabilities	295,491	165,994
Commitments and Contingencies
STOCKHOLDERS' DEFICIT
Preferred stock, 10,000,000 authorized at $0.001 par value, 0 shares issued or outstanding
Common stock, 190,000,000 shares authorized at $0.001 par value, 8,080,212 and 3,862,025 shares issued and outstanding, respectively	8,080	3,862
Common stock subscription		(1,143)
Additional paid in capital	8,849,021	8,573,375
Accumulated deficit	(9,142,463)	(8,742,088)
Total Stockholders' deficit	(285,362)	(165,994)
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT	$ 10,129

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Income Tax (Details Textual)	6 Months Ended
	Jun. 30, 2012
Income Tax (Textual)
U.S. federal income tax rate	34.00%

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Shareholders' Deficit

6 Months Ended

Jun. 30, 2012

Shareholders' Deficit [Abstract]

SHAREHOLDERS' DEFICIT

NOTE 8 – SHAREHOLDERS’ DEFICIT

On February 17, 2012, the Company issued 100,000 shares of common stock to a director. The shares were valued at $1.30 per share.

Stock incentive plans

In May 2011, the Company adopted the 2011 Stock Incentive Plan. The 2011 Plan is a shareholder approved plan that provides for broad-based equity grants to employees, officers, directors, consultants, agents, advisors and independent contractors of the Company.  The 2011 Plan allows for the granting of awards including options, stock appreciation rights, stock awards, restricted stock, performance based awards, cash-based awards or other incentive payable in cash or in shares of common stock.

The 2011 Plan provides for the granting of options to purchase up to 800,000 shares of common stock.  There were 777,026 options granted and exercised to date.  Options granted under the 2011 Plan have a 1-year term and may be incentive stock options or non-qualified.  The Company recognized $2,711,822 in compensation expense.  At June 30, 2012 and December 31, 2011, there were no options outstanding under the 2011 Plan.

On May 21, 2012, the Company issued an aggregate of approximately 4,200,000 shares of restricted stock to certain of its directors, executive officers and employees. The shares will vest in three equal annual installments ending in 2015.  Unvested restricted shares are subject to forfeiture.  The Company records compensation expense over the vesting period based on the fair market value on the date of grant for each share, adjusted for forfeitures. During the six months ended June 30, 2012, compensation expense of $151,007 was recorded in connection with these shares.

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Discontinued Operations (Tables)

6 Months Ended

Jun. 30, 2012

Discontinued Operations [Abstract]

Summary of the loss from discontinued operations

Loss from discontinued operations $ 1,703,091

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Commitments and Contingencies

6 Months Ended

Jun. 30, 2012

Commitments and Contingencies [Abstract]

COMMITMENTS AND CONTINGENCIES

NOTE 7 – COMMITMENTS AND CONTINGENCIES

Lease Commitment

The Company entered into an office service agreement for office space for a term of 12 months effective April 16, 2012.  The monthly office fee under the agreement is $2,899.

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Summary of Significant Accounting Policies

6 Months Ended

Jun. 30, 2012

Summary Of Significant Accounting Policies [Abstract]

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

NOTE 2 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Use of Estimates

The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the reporting period. Actual results could differ from those estimates.

Cash and Cash Equivalents

Cash equivalents include investment instruments, CD’s and time deposits purchased with a maturity of three months or less.

Property and Equipment and Depreciation

Property and equipment are stated at cost.  Depreciation for both financial reporting and income tax purposes is computed using combinations of the straight line and accelerated methods over the estimated lives of the respective assets.During the six months ended June 30, 2012, the Company purchased computer equipment totaling $2,854. Computer equipment is depreciated over 5 years.  Maintenance and repairs are charged to expense when incurred.  When property and equipment are retired or otherwise disposed of, the related cost and accumulated depreciation are removed from the respective accounts and any gain or loss is credited or charged to income.  Depreciation expense of $74 was charged to operations for the six months ended June 30, 2012.

Net Loss Per Common Share

The Company computes per share amounts in accordance with Statement of Financial Accounting Standards ASC Topic 260, “Earnings per Share”.  ASC Topic 260 requires presentation of basic and diluted EPS.  Basic EPS is computed by dividing the income (loss) available to Common Stockholders by the weighted-average number of common shares outstanding for the period.  Diluted EPS is based on the weighted-average number of shares of common stock and common stock equivalents outstanding during the periods.

Income Taxes

The Company provides for income taxes under ASC 740 which requires the use of an asset and liability approach in accounting for income taxes. Deferred tax assets and liabilities are recorded based on the differences between the financial statement and tax bases of assets and liabilities and the tax rates in effect when these differences are expected to reverse. The Company’s predecessor operated as an entity exempt from Federal and State income taxes.

ASC 740 also requires the reduction of deferred tax assets by a valuation allowance if, based on the weight of available evidence, it is more likely than not that some or all of the deferred tax assets will not be realized.

Tax returns for the years from 2009 to 2011 are subject to examination by tax authorities.

Stock-Based Compensation

ASC Topic 718, “Accounting for Stock-Based Compensation” prescribes accounting and reporting standards for all stock-based compensation plans, including employee stock options, restricted stock, employee stock purchase plans and stock appreciation rights.

ASC Topic 718 requires employee compensation expense to be recorded using the fair value method. The Company accounts for employee stock based compensation in accordance with the provisions of ASC Topic 718. For non-employee options and warrants, the company uses the fair value method as prescribed in ASC Topic 718.

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Summary of Significant Accounting Policies (Details) (USD $)	6 Months Ended
	Jun. 30, 2012	Jun. 30, 2011	Dec. 31, 2011
Summary of Significant Accounting Policies (Textual)
Property, Plant and Equipment, Net	$ 2,780
Depreciation expense	74
Computer Equipment [Member]
Summary of Significant Accounting Policies (Textual)
Property, Plant and Equipment, Net	$ 2,854
Depreciation term	Over 5 years

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Summary of Significant Accounting Policies (Policies)

6 Months Ended

Jun. 30, 2012

Summary Of Significant Accounting Policies [Abstract]

Use of Estimates

Use of Estimates

The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the reporting period. Actual results could differ from those estimates.

Cash and Cash Equivalents

Cash and Cash Equivalents

Cash equivalents include investment instruments, CD’s and time deposits purchased with a maturity of three months or less.

Property and Equipment and Depreciation

Property and Equipment and Depreciation

Property and equipment are stated at cost.  Depreciation for both financial reporting and income tax purposes is computed using combinations of the straight line and accelerated methods over the estimated lives of the respective assets.During the six months ended June 30, 2012, the Company purchased computer equipment totaling $2,854. Computer equipment is depreciated over 5 years.  Maintenance and repairs are charged to expense when incurred.  When property and equipment are retired or otherwise disposed of, the related cost and accumulated depreciation are removed from the respective accounts and any gain or loss is credited or charged to income.  Depreciation expense of $74 was charged to operations for the six months ended June 30, 2012.

Net Loss Per Common Share

Net Loss Per Common Share

The Company computes per share amounts in accordance with Statement of Financial Accounting Standards ASC Topic 260, “Earnings per Share”.  ASC Topic 260 requires presentation of basic and diluted EPS.  Basic EPS is computed by dividing the income (loss) available to Common Stockholders by the weighted-average number of common shares outstanding for the period.  Diluted EPS is based on the weighted-average number of shares of common stock and common stock equivalents outstanding during the periods.

Income Taxes

Income Taxes

The Company provides for income taxes under ASC 740 which requires the use of an asset and liability approach in accounting for income taxes. Deferred tax assets and liabilities are recorded based on the differences between the financial statement and tax bases of assets and liabilities and the tax rates in effect when these differences are expected to reverse. The Company’s predecessor operated as an entity exempt from Federal and State income taxes.

ASC 740 also requires the reduction of deferred tax assets by a valuation allowance if, based on the weight of available evidence, it is more likely than not that some or all of the deferred tax assets will not be realized.

Tax returns for the years from 2009 to 2011 are subject to examination by tax authorities.

Stock-Based Compensation

Stock-Based Compensation

ASC Topic 718, “Accounting for Stock-Based Compensation” prescribes accounting and reporting standards for all stock-based compensation plans, including employee stock options, restricted stock, employee stock purchase plans and stock appreciation rights.

ASC Topic 718 requires employee compensation expense to be recorded using the fair value method. The Company accounts for employee stock based compensation in accordance with the provisions of ASC Topic 718. For non-employee options and warrants, the company uses the fair value method as prescribed in ASC Topic 718.

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Income Tax (Details) (USD $)	6 Months Ended
	Jun. 30, 2012	Jun. 30, 2011
Schedule of statutory U.S. federal income tax rate
Income tax expense at statutory rate	$ (136,100)
Valuation allowance	136,100
Income tax expense

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Going Concern (Details) (USD $)	3 Months Ended		6 Months Ended
	Jun. 30, 2012	Jun. 30, 2011	Jun. 30, 2012	Jun. 30, 2011	Dec. 31, 2011
Going Concern (Textual)
Loss from continuing operations	$ (176,370)	$ (1,204,700)	$ (400,375)	$ (1,703,091)
Working capital deficit			293,940
Accumulated deficit	(9,142,463)		(9,142,463)		(8,742,088)
Accumulated Losses From Discontinued Operations			$ 8,576,094

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Document and Entity Information	6 Months Ended
	Jun. 30, 2012	Jun. 24, 2013
Document and Entity Information [Abstract]
Entity Registrant Name	Mojo Organics, Inc.
Entity Central Index Key	0001414953
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Document Type	10-Q
Document Period End Date	Jun. 30, 2012
Document Fiscal Year Focus	2012
Document Fiscal Period Focus	Q2
Entity Filer Category	Smaller Reporting Company
Entity Common Stock, Shares Outstanding		11,293,481

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Discontinued Operations (Details) (USD $)	3 Months Ended		6 Months Ended
	Jun. 30, 2012	Jun. 30, 2011	Jun. 30, 2012	Jun. 30, 2011
Summary of the loss from discontinued operations
Loss from discontinued operations		$ (1,204,700)		$ (1,703,091)