Quarterly report pursuant to sections 13 or 15(d)

Condensed Balance Sheets (Unaudited)

v2.3.0.11
Condensed Balance Sheets (Unaudited) (USD $)
Jun. 30, 2011
Dec. 31, 2010
ASSETS    
Cash $ 440,410 $ 15,193
Prepaid expenses 1,710 1,728
Inventory 14,429 4,149
Total current assets 456,549 21,070
Intangible assets, net 857,143 889,286
Goodwill 69,782 69,782
Total assets 1,383,474 980,138
LIABILITIES AND STOCKHOLDERS' EQUITY    
Accounts payable 202,963 45,917
Accrued expenses 68,400 222,512
Advances - related party 257,820 0
Total current liabilities 529,183 268,429
Advances - related party 0 177,820
Total liabilities 529,183 446,249
Stockholders' equity:    
Preferred stock, $0.001 par value, 5,000,000 shares authorized,none issued and outstanding 0 0
Common stock, $0.001 par value, 100,000,000 shares authorized,16,076,705 and 14,041,236 shares issued and outstanding at June 30, 2011 and December 31, 2010, respectively 16,076 14,041
Additional paid-in capital 1,425,914 905,964
Subscription receivable (8,867) 0
Deficit accumulated during the development stage (578,832) (386,116)
Total stockholders' equity 854,291 533,889
Total liabilities and stockholders' equity $ 1,383,474 $ 980,138