Quarterly report pursuant to Section 13 or 15(d)

CONDENSED BALANCE SHEETS (unaudited)

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CONDENSED BALANCE SHEETS (unaudited) - USD ($)
Sep. 30, 2016
Dec. 31, 2015
Current assets:    
Cash $ 37,955 $ 638,824
Inventory 742,397 509,788
Prepaid expenses 3,839 13,623
Total current assets 784,191 1,162,235
Equipment, net 6,171 4,761
Intangible assets 268,000 260,000
Total assets 1,058,362 1,426,996
Current liabilities:    
Accounts payable - related party 399,337 396,819
Accrued compensation - related party 711,000 516,000
Advance from shareholder 55,504 55,504
Derivative liabilities 317,988 88,983
Warrant liabilities 372,798 439,107
Total current liabilities 1,856,627 1,496,413
Long-term liabilities:    
Convertible notes, less unamortized debt discount of $418,659 and $849,909 at September 30, 2016 and December 31, 2015, respectively 443,841 12,591
Total long-term liabilities 443,841 12,591
Total liabilities 2,300,468 1,509,004
Commitments and contingencies
Stockholders' deficit    
Preferred stock, $0.0001 par value, 10,000,000 shares authorized, no shares issued and outstanding at September 30, 2016 and December 31, 2015, respectively
Common stock, $0.0001 par value, 150,000,000 shares authorized; 34,481,333 and 34,323,000 shares issued and outstanding at September 30, 2016 and December 31, 2015, respectively 3,448 3,432
Additional paid-in-capital 4,250,489 3,241,137
Accumulated deficit (5,496,043) (3,326,577)
Total stockholders' deficit (1,242,106) (82,008)
Total liabilities and stockholders' deficit $ 1,058,362 $ 1,426,996