Inventory

3 Months Ended

Mar. 31, 2012

Notes to Financial Statements

Note 4 - Inventory

Inventories consist of the following at March 31, 2012 and December 31, 2011:

	March 31, 2012		December 31, 2011
Raw materials	$	328,913	$	173,510
Work in progress		3,869		11,768
Finished goods		431,185		320,678
Total	$	763,967	$	505,956

During the period ended March 31, 2012, the Company recorded a nonreciprocal, non-monetary receipt of inventory in the amount of $87,215. This amount was also recorded as Other Income in the Statement of Operations during the three month period ended March 31, 2012. The transaction was accounted for at fair value on the date the inventory was received.