XML 25 R2.htm IDEA: XBRL DOCUMENT v2.3.0.15
CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)
Sep. 30, 2011
Dec. 31, 2010
CURRENT ASSETS:  
Cash$ 319,853$ 65,734
Due from merchant credit card processor, net of reserve for chargebacks of $40,000 and $80,000, respectively745,853499,485
Accounts receivable, net of allowance for doubtful accounts of $60,000 and $5,000, respectively492,340304,391
Prepaid expenses79,6284,713
Inventories1,707,127924,809
Deferred tax asset57,380 
TOTAL CURRENT ASSETS3,402,1811,799,132
Property and equipment, net of accumulated depreciation of 3,011 and $0, respectively21,399 
Security deposit12,000 
TOTAL ASSETS3,435,5801,799,132
CURRENT LIABILITIES  
Accounts payable1,511,903898,622
Accrued expenses215,990102,500
Income taxes payable536,760173,471
TOTAL CURRENT LIABILITIES2,264,6531,174,593
COMMITMENTS AND CONTINGENCIES  
STOCKHOLDERS' EQUITY:  
Preferred stock, $.001 par value, 1,000,000 shares authorized, none issued  
Common stock, $.001 par value 250,000,000 shares authorized 60,185,344 and 60,135,344 shares issued and outstanding, respectively60,18560,135
Additional paid-in capital1,579,7811,537,776
Accumulated deficit(469,039)(973,372)
TOTAL STOCKHOLDERS' EQUITY1,170,927624,539
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY$ 3,435,580$ 1,799,132