Quarterly report pursuant to Section 13 or 15(d)

CONDENSED STATEMENTS OF CASH FLOWS

v2.4.0.6
CONDENSED STATEMENTS OF CASH FLOWS (USD $)
 9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net Loss $ (581,196) $ (605,404)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation 11,018 11,133
Stock issued for interest expense    12,500
Loss on disposal of property and equipment 1,322   
Change in accounts receivable and notes receivable reserve 13,500   
Warrants issued with common stock 135,400   
Changes in operating assets and liabilities:    
Accounts receivable (71,273) (33,284)
Inventory 237,682 (135,070)
Prepaid inventory (7,530) (270,078)
Notes receivable    (22,206)
Deposits 5,000   
Accounts payable 49,796 34,926
Due to officers (500) 112,500
Net cash used in operations (206,781) (894,983)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Proceeds from sale of property and equipment 6,293   
Purchase of property and equipment    (28,232)
Net cash used in investing activities 6,293 (28,232)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from issuance of notes payable 229,982 250,000
Payments on notes payable (150,000) (100,000)
Proceeds from issuance of notes payable to related parties 44,190   
Payments on notes payable to related parties (52,631) (10,000)
Proceeds from issuance of common stock and warrants 180,000 743,750
Net cash provided by financing activities 251,541 883,750
NET CHANGE IN CASH AND CASH EQUIVALENTS 51,053 (39,465)
CASH AND CASH EQUIVALENTS, beginning of period 9,139 62,171
CASH AND CASH EQUIVALENTS, end of period 60,192 22,706
Cash paid for interest      
SUPPLEMENTAL DISCLOSURE FOR FINANCING ACTIVITIES    
Common stock issued for interest    12,500
Warrant expense $ 135,400