COMPARATIVE CONSOLIDATED FINANCIALS (UNAUDITED) (Tables)

3 Months Ended

Mar. 31, 2018

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Comparative Consolidated Financials

The consolidated statement of operations and cash flows for the three-months ended March 31, 2017 follows:

Statement of Operations

	March 31, 2017 (Unaudited)
Gross Sales	$	653,784
Customer incentives, discounts, returns, and allowances		-
Net sales		653,784
Cost of Goods Sold, includes depreciation and amortization of $19,421 and
federal excise taxes of $64,055 for the three months ended March 31, 2017		474,890
Gross Margin		178,894
Operating Expenses
Selling and marketing		116,833
Corporate general and administrative		578,402
Employee salaries and related expenses		167,987
Depreciation expense		379
Total operating expenses		863,601
Loss from Operations		(684,707	)
Other Income (Expenses)
Loss on vendor notes receivable collectability		(1,414,921	)
Interest expense		(421,180	)
Profit (Loss) before Income Taxes		(2,520,808	)
Provision for Income Taxes		-
Net Profit (Loss)	$	(2,520,808	)
Loss per share
Basic and fully diluted:
Weighted average number of shares outstanding		17,118,431
Loss per share	$	(0.15	)

Statement of Cash Flows

	March 31, 2017 (Unaudited)
Cash flows from operating activities:
Net (Loss)	$	(2,520,808	)
Adjustments to reconcile Net (Loss) to Net Cash provided by operations:
Debt discount amortization		356,250
Depreciation and amortization		11,343
Common stock issued for legal fees		124,000
Uncollectible vendor notes receivable		1,414,921
Changes in Current Assets and Liabilities
Vendor advances receivable		186,486
Accounts receivable		4,546
Other receivables		(2,465	)
Inventories		(765,320	)
Prepaid expenses		9,927
Accounts payable		252,984
Accounts payable		66,383
Accrued liabilities		86,785
Net cash used in operating activities		(766,511	)
Cash flows from investing activities
Purchase of equipment		(36,017	)
Net cash used in investing activities		(36,017	)
Cash flow from financing activities
Note payment - related party		(362,000	)
Insurance premium note payments		(79,328	)
Sale of common stock		1,350,875
Organization and fundraising costs		(17,000	)
Net cash provided by financing activities		892,547
Net increase in cash		90,019
Cash, beginning of period		10,116
Cash, end of period	$	100,135
Supplemental cash flow disclosures
Cash paid during the period for -
Interest	$	1,297
Income taxes	$	-
Non-cash investing and financing activities:
Vendor note receivable foreclosure -
Vendor notes receivable	$	1,170,079
Vendor advances receivable		(96,552	)
Accounts receivable		(20,965	)
Inventories		(509,447	)
Equipment		(543,115	)
Other receivables		(20,811	)
Accounts payable		20,811
Insurance premium note payable		180,761
Prepaid expenses		(180,761	)
Common stock		601
Additional paid-in-capital		(601	)
	$	-