Annual report pursuant to section 13 and 15(d)

Balance Sheets

v2.3.0.11
Balance Sheets (USD $)
Dec. 31, 2011
Dec. 31, 2010
ASSETS    
Cash $ 225,995 $ 15,193
Prepaid expenses 5,331 1,728
Inventory, net 23,596 4,149
Total current assets 254,922 21,070
Intangible assets, net 825,000 889,286
Goodwill 69,782 69,782
Total assets 1,149,704 980,138
LIABILITIES AND STOCKHOLDERS' EQUITY    
Accounts payable 341,873 45,917
Accrued expenses 125,316 222,512
Total current liabilities 467,189 268,429
Advances - related party 257,820 177,820
Total liabilities 725,009 446,249
COMMITMENTS AND CONTINGENCIES    
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,16,223,206 and 14,041,236 shares issued and outstanding at December 31, 2011 and 2010, respectively 16,223 14,041
Additional paid-in capital 1,621,756 905,964
Deficit accumulated during the development stage (1,213,284) (386,116)
Total stockholders' equity 424,695 533,889
Total liabilities and stockholders' equity $ 1,149,704 $ 980,138