Quarterly report pursuant to Section 13 or 15(d)

CONSOLIDATED STATEMENTS OF OPERATIONS

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CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
3 Months Ended 6 Months Ended 9 Months Ended 18 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2012
Dec. 31, 2013
Dec. 31, 2013
Revenue $ 171,137 $ 0 $ 0 $ 333,404 $ 348,514
Cost of goods sold 102,609 0 0 193,566 201,592
Gross profit 68,528 0 0 139,838 146,922
Operating expenses:          
Sales and marketing expenses 150,417 2,849 38,903 338,839 427,068
General and administrative 2,335,964 3,344 99,504 2,812,196 2,901,804
General and administrative - related party 3,286 46,682 46,682 65,378 170,307
Depreciation expense 16,534 0 0 25,872 27,686
Total operating expenses 2,506,201 52,875 185,089 3,242,285 3,526,865
Other Income (expenses):          
Interest expense (7,501) 0 0 (11,056) (12,371)
Amortization of debt discount (48,578) 0 0 (48,578) (48,578)
Other expenses 0 0 0 0 (4,577)
Change in derivative liability 95,925 0 0 95,925 95,925
Total other expense 39,846 0 0 36,291 30,399
Net loss $ (2,397,827) $ (52,875) $ (185,089) $ (3,066,156) $ (3,349,544)
Weighted average number of common shares outstanding - basic 77,717,418       79,776,874   
Net loss per share - basic $ 0.00     $ (0.04)