Quarterly report pursuant to Section 13 or 15(d)

CONDENSED STATEMENTS OF CASH FLOWS (UNAUDITED)

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CONDENSED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Cash flows from operating activities:    
Net loss $ (851,242) $ (151,799)
Adjustments to reconcile net loss to net cash used in operating activities    
Stock based compensation - related party 518,465
Depreciation expense 503 $ 288
Accretion of debt discount 143,226
Change in derivative liabilities (988)
Change in warrant liabilities $ (7,724)
Amortization of stock issued for future services $ 16,100
Estimated fair market value of stock issued for services 10,000
Changes in operating assets and liabilities:    
Accounts receivable (10,768)
Inventory 3,001
Prepaid expenses $ 8,227 867
Accounts payable 5,000
Accounts payable - related party $ (193,036) 82,304
Accrued compensation - related party 65,000 45,000
Net cash used in operating activities (317,569) $ (7)
Cash flows from investing activities:    
Purchases of computer equipment (3,283)
Net cash used in investing activities (3,283)
Net decrease in cash (320,852) $ (7)
Cash at beginning of period 638,824 95
Cash at end of period 317,972 $ 88
Non-cash investing and financing activities:    
Inventory purchased for accounts payable - related party $ 193,628
Stock issued for deferred offering costs $ 75,000