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 ($)
 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Cash flows from operating activities:    
Net loss $ (2,169,466) $ (1,441,170)
Adjustments to reconcile net loss to net cash used in operating activities    
Stock based compensation - related party 969,785 871,706
Depreciation expense 1,873 866
Accretion of debt discount 431,250
Change in derivative liabilities 229,005
Change in warrant liabilities (66,309)
Amortization of stock issued for future services 44,275
Estimated fair market value of stock issued for services 39,583 167,000
Changes in operating assets and liabilities:    
Accounts receivable (29,206)
Inventory 4,952
Prepaid expenses 9,784 (399)
Accounts payable 10,000
Accounts payable - related party (230,091) 191,440
Accrued compensation - related party 195,000 175,000
Net cash used in operating activities (589,586) (5,536)
Cash flows from investing activities:    
Purchase of intangible assets (8,000)
Purchases of computer equipment (3,283)
Net cash used in investing activities (11,283)
Cash flows from financing activities:    
Advance from shareholder 6,000
Net cash provided by financing activities 6,000
Net (decrease) increase in cash (600,869) 464
Cash at beginning of period 638,824 95
Cash at end of period 37,955 559
Non-cash investing and financing activities:    
Inventory purchased for accounts payable - related party 232,609
Stock issued to third party in exchange for intangible 250,000
Intangible acquired for accounts payable 10,000
Inventory samples acquired for accounts payable - related party 42,266
Reduction of advance from shareholder with accounts receivable 38,637
Stock issued for deferred offering costs $ 75,000