Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED BALANCE SHEET

v2.3.0.15
CONDENSED CONSOLIDATED BALANCE SHEET (USD $)
Sep. 30, 2011
Dec. 31, 2010
CURRENT ASSETS:    
Cash $ 60,132 $ 15,603
Inventories 15,710 10,554
Prepaid Expenses 16,538 10,855
Total Current Assets 92,380 37,012
PROPERTY AND EQUIPMENT, NET 124,788 170,259
OTHER ASSETS:    
Definite-life intangible Assets, net 7,443 8,168
Deferred Finance Costs, net 16,323 0
Deposits 125,117 124,482
Total Other Assets 148,883 132,650
TOTAL ASSETS 366,051 339,921
CURRENT LIABILITIES:    
Accounts Payable 609,423 455,589
Customer deposits 27,837 25,194
Loan Payable, related party 83,106 12,000
Convertible Note payable 100,863 0
Obligation to issue common stock and warrants 0 50,000
Deferred revenue 15,000 15,000
Convertible Debenture Payable, less Discount of $7,089 and $18,936 at September 30, 2011 and December 31, 2010 78,011 157,064
Current portion, long term debt 595 3,516
Accrued Payroll 46,109 32,892
Accrued Payroll Taxes 23,902 5,305
Accrued Liabilities 24,576 23,980
Total Current Liabilities 1,009,422 780,540
LONG TERM LIABILITIES:    
Convertible Debenture Payable, less Discount of $119,413 and $71,037 at September 30, 2011 and December 31, 2010 281,087 104,063
Deferred revenue, noncurrent 223,750 235,000
Deferred rent expense 149,004 171,995
Total Long term Liabilities 653,841 511,058
COMMITMENTS AND CONTINGENCIES    
TOTAL LIABILITIES 1,663,263 1,291,598
STOCKHOLDERS' DEFICIT:    
Common stock, $.001 par value, 150,000,000 shares authorized 97,761,358 and 92,705,351 issued and outstanding at September 30, 2011 and December 31, 2010 97,761 92,705
Additional Paid-In Capital 26,458,041 25,485,816
Accumulated deficit (27,853,016) (26,530,198)
Total Stockholders' Deficit (1,297,214) (951,677)
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT $ 366,051 $ 339,921