Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED STATEMENTS OF OPERATIONS

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CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
9 Months Ended 12 Months Ended 21 Months Ended
Mar. 31, 2013
Mar. 31, 2014
Mar. 31, 2014
Revenue $ 15,110 $ 552,699 $ 567,809
Cost of goods sold 8,026 411,851 419,877
Gross profit 7,084 140,848 147,932
Operating expenses:      
Sales and marketing expenses 88,229 464,081 552,310
General and administrative 89,608 3,852,773 3,942,381
General and administrative - related party 104,929 62,092 167,021
Depreciation expense 1,814 42,407 44,221
Total operating expenses 284,580 4,421,353 4,705,933
Other Income (expenses):      
Interest expense (1,315) (11,057) (12,372)
Interest expense on redeemable preferred stock 0 (468,255) (468,255)
Fees paid on credit line 0 (8,603) (8,603)
Placement agent fee to acquired credit line 0 (10,000) (10,000)
Amortization of debt discount 0 (107,532) (107,532)
Other expenses (4,577) (1,529) (6,106)
Other income - related party 0 40,029 40,029
Change in derivative liability 0 617,939 617,939
Total other expense (5,892) 50,992 45,100
Net loss $ (283,388) $ (4,229,513) $ (4,512,901)
Weighted average number of common shares outstanding - basic 4,000 80,220,729   
Net loss per share - basic $ (70.85) $ (0.05)