General form of registration statement for all companies including face-amount certificate companies

CONDENSED BALANCE SHEETS

v2.4.0.6
CONDENSED BALANCE SHEETS (USD $)
Dec. 31, 2012
Dec. 31, 2011
Current Assets:    
Cash $ 16,312 $ 9,139
Accounts receivable, net of allowance 27,476 32,381
Inventories, net 256,714 515,014
Current portion of notes receivable, net of allowance      
Prepaid inventory 51,988 14,776
Total Current Assets 352,490 571,310
Property and equipment, net 33,650 54,819
Deposits    5,000
Total Assets 386,140 631,129
Current Liabilities:    
Accounts payable and accrued expenses 377,376 170,200
Note payable 364,306 250,000
Loans from Related Party 104,998 150,000
Due to officers    500
Total Current Liabilities 846,680 570,700
Stockholders' Equity    
Preferred stock, Convertible Series A, Par value $0.001; authorized and issued 100 shares as of December 31, 2012 and December 31, 2011 respectively      
Preferred stock, Convertible Series B, Par value $0.001; authorized 24,999,900 shares; issued and outstanding 14,750,000 and 12,750,000 shares as of December 31, 2012 and December 31, 2011, respectively 14,750 12,750
Common stock, Par value $0.001; authorized 350,000,000 shares; issued 82,371,853 and 33,848,520 shares as of December 31, 2012 and Decemebr 31, 2011, respectively 82,372 33,849
Additional Paid in Capital 8,131,305 2,866,428
Accumulated Deficit (8,688,967) (2,852,598)
Total Stockholders' Equity (460,540) 60,429
Total Liabilities and Stockholders' Equity $ 386,140 $ 631,129