Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED BALANCE SHEET

 v2.3.0.11
CONDENSED CONSOLIDATED BALANCE SHEET (USD $)
Jun. 30, 2011
Dec. 31, 2010
Cash $ 10,297 $ 15,603
Inventories 33,967 10,554
Prepaid Expenses 18,559 10,855
Total Current Assets 62,823 37,012
PROPERTY AND EQUIPMENT, NET 159,882 170,259
Definite-life intangible Assets, net 7,684 8,168
Deferred Finance Costs, net 35,341 0
Deposits 125,117 124,482
Total Other Assets 168,142 132,650
Total Assets 390,847 339,921
Accounts Payable 619,175 455,589
Customer deposits 40,349 25,194
Loan Payable, Related Party 29,959 12,000
Obligation to issue common stock and warrants 0 50,000
Deferred revenue 15,000 15,000
Convertible Debenture Payable, less Discount of $15,349 and $18,936 at June 30, 2011 and December 31, 2010 69,751 157,064
Current portion, long term debt 13,977 3,516
Accrued Payroll 40,534 32,892
Accrued Payroll Taxes 20,111 5,305
Accrued Liabilities 9,735 23,980
Total Current Liabilities 858,591 780,540
Convertible Debenture Payable, less Discount of $125,293 and $71,037 at June 30, 2011 and December 31, 2010 255,206 104,063
Deferred revenue, noncurrent 227,500 235,000
Deferred rent expense 153,397 171,995
Total Long term Liabilities 636,103 511,058
COMMITMENTS AND CONTINGENCIES 0 0
TOTAL LIABILITIES 1,494,694 1,291,598
Common stock, $.001 par value, 150,000,000 shares authorized 96,645,358 and 92,705,351 issued and outstanding at June 30, 2011 and December 31, 2010 96,645 92,705
Additional Paid-In Capital 26,110,167 25,485,816
Accumulated deficit (27,310,659) (26,530,198)
Total Stockholders' Deficit (1,103,847) (951,677)
Total Liabilities And Stockholders' deficit $ 390,847 $ 339,921