Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited)

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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) (USD $)
Mar. 31, 2013
Dec. 31, 2012
Current Assets:    
Cash $ 436,158 $ 16,312
Accounts receivable, net 781 27,476
Inventories, net 259,423 256,714
Current portion of notes receivable, net of allowance      
Prepaid inventory 51,988 51,988
Total Current Assets 748,350 352,490
Property and equipment, net 30,580 33,650
Deposits 700,000   
Total Assets 1,478,930 386,140
Current Liabilities:    
Accounts payable and accrued expenses 326,945 377,376
Note payable 1,192,780 364,306
Loans from Related Party 117,500 104,998
Derivative liability 718,000   
Total Current Liabilities 2,355,225 846,680
Stockholders' Equity    
Preferred stock, Convertible Series A, Par value $0.001; authorized and issued 100 shares as of March 31, 2013 and December 31, 2012 respectively      
Preferred stock, Convertible Series B, Par value $0.001; authorized 24,999,900 shares; issued and outstanding 14,750,000 shares as of March 31, 2013 and December 31, 2012, respectively 14,750 14,750
Common stock, Par value $0.001; authorized 350,000,000 shares; issued 85,611,781 and 82,371,853 shares as of March 31, 2013 and Decemebr 31, 2012, respectively 85,612 82,372
Additional Paid in Capital 9,140,680 8,131,305
Common stock subscribed 120,000   
Accumulated Deficit (10,237,337) (8,688,967)
Total Stockholders' Equity (876,295) (460,540)
Total Liabilities and Stockholders' Equity $ 1,478,930 $ 386,140