Quarterly report pursuant to sections 13 or 15(d)

Statement of Cash Flows (Unaudited)

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Statement of Cash Flows (Unaudited) (USD $)
6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Cash flows from operating activities:    
Net loss $ (1,186,660) $ (539,394)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 33,081 32,143
Stock based compensation 385,031 116,866
Issuance of common stock in exchange for consulting services 81,195 25,000
Changes in:    
Accounts receivable 16,463 0
Inventory (148,430) (1,130)
Prepaid expenses and other current assets (62,795) (2,289)
Accounts payable 69,991 (5,919)
Accrued expenses 25,021 8,535
Net cash used in operating activities (787,103) (366,188)
Cash flows from investing activities:    
Purchase of property and equipment (2,451) (4,297)
Net cash (used in) provided by investing activities (2,451) (4,297)
Cash flows from financing activities:    
Proceeds from advances-related parties 0 40,000
Proceeds from issuance of common stock 250,000 522,000
Net cash provided by financing activities: 250,000 562,000
Net (decrease) increase in cash and cash equivalents (539,554) 191,515
Cash and cash equivalents, beginning of period 552,315 225,995
Cash and cash equivalents, end of period 12,761 417,510
Supplemental disclosure of cash flow information:    
Cash paid during the period for:Interest 0 0
Cash paid during the period for:Income taxes $ 0 $ 0