Quarterly report pursuant to sections 13 or 15(d)

Statements of Cash Flows (unaudited)

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Statements of Cash Flows (unaudited) (USD $)
 3 Months Ended
Mar. 31, 2013
Mar. 31, 2012
Statements Of Cash Flows    
Net Loss $ (945,865) $ (600,301)
Adjustments to reconcile net loss to net cash provided in operating activities:    
Depreciation Expense 2,595 3,070
Amortization Expense 36,577 35,645
Issuance of Common Stock for Interest 40,000   
Accretion of discount on Convertible Debenture 81,121   
Stock Compensation Expense 58,279 61,960
Gain on Derivative Valuation 92,862   
Decrease (increase) in operating assets    
Accounts Receivable 526,901 338,922
Inventory (18,874) 69,895
Prepaid Expenses & Other Assets 29,525 (22,682)
Increase (decrease) in operating liabilities    
Accounts Payable (87,674) (2,617)
Accrued Salaries 98,908 123,237
Accrued Interest - Related Party 6,724 32,055
Other Accrued Expenses (147,242) 12,017
Net cash provided/(used) in operating activities (226,163) 51,201
Cash Flows from Investing Activities:    
Investment in Intangible Assets (73,689) (27,771)
Net cash provided/(used) by investing activities (73,689) (27,771)
Cash Flows from Financing Activities:    
Issuance Costs on Debenture 32,139   
Net cash provided/(used) by financing activities 32,139   
Net increase/(decrease) in cash (267,713) 23,430
Beginning Cash Balance 447,548 405,341
Ending Cash Balance 179,835 428,771
Supplemental disclosures of cash flow information:    
Cash paid for income taxes      
Cash paid for interest    1,160
Related Party Note converted to Common Stock    $ 1,745,546