Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Operations (Unaudited)

v3.8.0.1
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Income Statement [Abstract]    
Sales $ 1,277,923 $ 618,537
Cost of sales (575,962) (484,683)
Gross profit 701,961 133,854
Operating Expenses    
Selling and marketing 97,902 151,040
General and administrative 1,952,275 1,782,885
Depreciation and amortization 6,739 21,615
Total operating expenses 2,056,916 1,955,540
Loss from Operations (1,354,955) (1,821,686)
Other Expense (Income)    
Interest expense, net 70,159 81,856
Gain on sale of investment in subsidiary (199,200)
Total other expense (income) 70,159 (117,344)
Loss from Continuing Operations (1,425,114) (1,704,342)
Loss from Discontinued Operations (106,543)
Net Loss (1,425,114) (1,810,885)
Deemed dividend to preferred stockholders (155,791) (3,053)
Net Loss Attributable to Common Stockholders $ (1,580,905) $ (1,813,938)
Net loss per basic and diluted common share:    
Loss from continuing operations $ (0.04) $ (0.04)
Loss from discontinued operations
Net loss per common share $ (0.04) $ (0.04)
Weighted Average Number of Common Shares Outstanding:    
Basic and Diluted 43,086,927 42,935,629