Quarterly report pursuant to Section 13 or 15(d)

Unaudited Condensed Statements of Cash Flows

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Unaudited Condensed Statements of Cash Flows - USD ($)
6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
OPERATING ACTIVITIES    
Net Income (Loss) $ (1,212,513) $ (812,248)
Noncash Expenses:    
Amortization 5,764 1,154
Depreciation 87,054 81,343
Stock Options Awarded 82,905 0
Stock Compensation 48,008 257,000
Loss on Investment in Joint Venture 103 0
Change in assets and liabilities:    
(Increase) Decrease in Accounts Receivable 27,564 (5,351)
(Decrease) in Allowance for Doubtful Accounts 0 (4,884)
Decrease (Increase) in Inventory (70,765) (19,928)
Decrease (Increase) in Prepaid Assets 7,344 (5,924)
(Decrease) Increase in Accounts Payable 63,974 (214,023)
Increase In Accrued Expenses 46,006 4,575
NET CASH PROVIDED (USED) BY OPERATING ACTIVITIES (914,556) (718,286)
INVESTING ACTIVITIES    
Purchase of Furniture and Equipment (25,430) (18,118)
Purchase of Intangible Assets (46,835) (1,347)
NET CASH (USED) BY INVESTING ACTIVITIES (72,265) (19,465)
NET CASH (DECREASE) INCREASE FOR PERIOD (986,821) (737,751)
CASH AT BEGINNING OF PERIOD 1,539,809 2,962,069
CASH AT END OF PERIOD 552,988 2,224,318
Supplemental Disclosure for Cash Flow Information Cash paid during the period for:    
Interest 0 0
Income Taxes $ 0 $ 0