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
Sep. 30, 2014
Sep. 30, 2013
Sep. 30, 2014
Sep. 30, 2013
Revenue $ 1,022,823 $ 129,745 $ 1,594,872 $ 162,267
Cost of goods sold 648,818 72,900 1,054,943 90,957
Gross profit 374,005 56,845 539,929 71,310
Operating expenses:        
Sales and marketing expenses 415,973 104,229 642,753 188,422
General and administrative 2,284,084 408,723 4,422,837 476,232
General and administrative - related party 0 22,246 0 62,092
Depreciation expense 41,534 7,489 58,068 9,338
Total operating expenses 2,741,591 542,687 5,123,658 736,084
Other Income (expenses):        
Interest expense (9,803) 0 (12,326) (3,555)
Interest expense on redeemable preferred stock 0 0 (40,383) 0
Fees paid on credit line (11,485) 0 (18,542) 0
Amortization of debt discount 0 0 (414,370) 0
Other expenses 6 0 (5) 0
Loss on sales leaseback 20,773 0 0 0
Change in derivative liability 91,035 0 355,086 0
Total other expense 90,526 0 (130,540) (3,555)
Net loss $ (2,277,060) $ (485,842) $ (4,714,269) $ (668,329)
Weighted average number of common shares outstanding - basic 107,731,694 77,500,000 100,877,507 78,758,117
Net loss per share - basic $ 0.00 $ (0.01) $ (0.05) $ (0.01)