Quarterly report pursuant to Section 13 or 15(d)

Consolidated Balance Sheets

v2.4.0.8
Consolidated Balance Sheets (USD $)
Mar. 31, 2014
Dec. 31, 2013
Current Assets    
Cash $ 4,010,281 $ 992,448
Accounts Receivable, net 126,342 303,445
Inventory 3,974 1,167
Prepaid Assets 16,755 25,074
Total Current Assets 4,157,352 1,322,134
Other Assets    
Furniture and Equipment, net 9,882 11,419
Deferred Stock Offering Costs 0 17,426
Intangible Assets, net 69,917 70,494
Total Other Assets 79,799 99,339
TOTAL ASSETS 4,237,151 1,421,473
Current Liabilities    
Accounts Payable 46,378 102,625
Accrued Expenses 51,256 38,536
Total Current Liabilities 97,634 141,161
TOTAL LIABILITIES 97,634 141,161
Stockholders' Equity    
Preferred Stock, $0.001 par; 10,000,000 shares authorized; None issued and outstanding 0 0
Common Stock, $0.001 par; 750,000,000 shares authorized; 603,891,061 issued and 600,766,061 outstanding at March 31, 2014 and 559,766,061 issued and 556,816,061 outstanding at December 31, 2013 603,891 559,766
Additional Paid-In Capital 6,865,240 3,561,204
Less Deferred Compensation 3,125,000 and 2,950,000 common shares, respectively (110,950) (88,900)
Retained Earnings (Deficit) (3,218,664) (2,751,758)
Total Stockholders' Equity 4,139,517 1,280,312
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 4,237,151 $ 1,421,473