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Consolidated Balance Sheets - USD ($)
Dec. 31, 2015
Dec. 31, 2014
CURRENT ASSETS    
Cash and cash equivalents $ 1,763,114 $ 154,460
Accounts receivable, net 41,431 5,617
Inventory 37,435 25,514
Prepaid expense 49,167 45,000
Assets, Current 1,891,147 230,591
Other assets, net of amortization 19,157 30,077
TOTAL ASSETS 1,910,304 260,668
CURRENT LIABILITIES    
Accounts payable and accrued expenses 324,983 494,938
Notes payable, current portion (Note 5) 250,000
Discount on convertible note payable (Note 5) (192,000)
Deposits 135,000 100,000
Total current liabilities 459,983 652,938
Aggregate Investments 3,245,972
Discount on convertible notes payable (2,937,019)
Total long-term liabilities 308,953
TOTAL LIABILITIES 768,936 652,938
COMMITMENTS, CONTINGENCIES
STOCKHOLDERS’ EQUITY (DEFICIT)    
Convertible Preferred Series A, $.00067 Par Value, 50,000,000 Shares Authorized, -0- Shares Issued and Outstanding, at December 31, 2014 and December 31, 2015, respectively.
Common stock, $.00067 Par Value, 200,000,000 Shares Authorized, 82,909,300 and 85,803,467 Shares Issued, at December 31, 2014 and December 31, 2015, respectively. 57,236 55,293
Additional paid-in capital 84,410,821 78,511,529
Accumulated deficit (84,075,695) (79,019,719)
Accumulated other comprehensive loss (40,567)
Non-controlling interest (Note 12) 789,573 60,627
Total stockholders’ equity (deficit) 1,141,368 (392,270)
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY (DEFICIT) $ 1,910,304 $ 260,668