Annual report pursuant to section 13 and 15(d)

Statements of Cash Flows

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Statements of Cash Flows (USD $)
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Cash flows from operating activities:    
Net loss $ (1,484,115) $ (827,168)
Depreciation and amortization 64,968 64,286
Stock based compensation 480,108 149,727
Issuance of common stock in exchange for consulting services 128,775 45,250
Accounts receivable (17,351)   
Inventory 6,787 (19,447)
Prepaid expenses (3,742) (3,603)
Other assets (2,125)   
Accounts payable (47,686) 295,956
Accrued expenses 21,458 (97,196)
Net Cash used in operating activities (852,923) (392,195)
Cash flows from investing activities:    
Purchase of property and equipment (7,757)   
Net cash used in investing activities (7,757)   
Cash flows from financing activities    
Proceeds from advances - related parties 40,000 80,000
Proceeds from issuance of common stock 1,147,000 522,997
Net cash provided by financing activities 1,187,000 602,997
Net increase (decrease) in cash and cash equivalents 326,320 210,802
Cash and cash equivalents, beginning of period 225,995 15,193
Cash and cash equivalents, end of period 552,315 225,995
Supplemental disclosure of cash flow information:    
Cash paid during the period for:Interest      
Cash paid during the period for:Income taxes