Consolidated Balance Sheets - USD ($)
|
Mar. 31, 2016 |
Dec. 31, 2015 |
| Current assets |
|
|
| Cash and cash equivalents |
$ 416,519
|
$ 912,399
|
| Accounts receivable, net |
1,207,009
|
1,449,554
|
| Rebates receivable |
447,541
|
424,066
|
| Inventories |
680,720
|
831,156
|
| Employee advances |
7,683
|
21,800
|
| Prepaid expenses |
131,640
|
110,336
|
| Total current assets |
2,891,112
|
3,749,311
|
| Loans receivable |
417,445
|
176,884
|
| Property and equipment, net |
154,171
|
116,531
|
| Intangible assets, net |
161,673
|
203,756
|
| Goodwill |
3,887,818
|
3,887,818
|
| Deposits |
22,750
|
22,750
|
| TOTAL ASSETS |
7,534,969
|
8,157,050
|
| Current liabilities |
|
|
| Accounts payable and accrued expenses |
2,863,947
|
2,788,202
|
| Related party payables |
130,256
|
133,610
|
| Total current liabilities |
2,994,203
|
2,921,812
|
| Long term liabilities |
|
|
| Notes and loans payable, unsecured |
95,975
|
95,975
|
| Convertible notes payable |
144,000
|
144,000
|
| Convertible notes payable, related party, net of unamortized discount |
1,107,254
|
1,107,254
|
| Note payable, secured, net of unamortized discount |
10,150,923
|
8,985,401
|
| Total long term liabilities |
11,498,152
|
10,332,630
|
| Total liabilities |
14,492,355
|
13,254,442
|
| Stockholders' deficit |
|
|
| Preferred stock, $.001 par, 10,000,000 shares authorized, 823,691 issued and outstanding at March 31, 2016 and December 31, 2015 |
824
|
824
|
| Common stock: 250,000,000 shares authorized, $.001 par, 120,566,774 issued and outstanding at March 31, 2016 and December 31, 2015 |
120,567
|
120,567
|
| Additional paid in capital-preferred |
465,843
|
465,843
|
| Additional paid in capital-common |
1,063,323
|
1,030,342
|
| Subscriptions receivable |
(192)
|
(192)
|
| Accumulated deficit |
(8,607,751)
|
(6,714,776)
|
| Total stockholders' deficit |
(6,957,386)
|
(5,097,392)
|
| TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT |
$ 7,534,969
|
$ 8,157,050
|