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Inventory
12 Months Ended
Dec. 31, 2018
Inventory Disclosure [Abstract]  
Inventory

NOTE 3 – INVENTORY

 

Inventory consists of raw material and finished goods stated at the lower of cost or net realizable value with cost determined on a first-in, first-out basis. The Company reviews the composition of inventory at each reporting period in order to identify obsolete, slow-moving, quantities in excess of expected demand, or otherwise non-saleable items.

 

Inventory consisted of the following as of December 31, 2018 and 2017:

 

    Year Ended December 31,  
    2018     2017  
             
Raw Materials   $ 147,139     $ -  
Finished Goods     94,319       -  
Inventory, Net   $ 241,458     $ -  

 

During the years ended December 31, 2018 and 2017, the Company recorded a related charge to cost of goods sold for obsolete inventory of $123,711 and $0, respectively.