Annual report pursuant to Section 13 and 15(d)

Consolidated Balance Sheets

v3.5.0.1
Consolidated Balance Sheets - USD ($)
Mar. 31, 2016
Mar. 31, 2015
Assets:    
Cash and cash equivalents $ 2,730,105 $ 687,739
Inventory 43,544 30,521
Prepaid expenses 59,461 19,000
Total current assets 2,833,110 737,260
Property and equipment, net 182,910 65,512
Intangibles, net 60,649 26,966
Other assets 10,715 2,715
Total Assets 3,087,384 832,453
Current Liabilities:    
Accounts payable and accrued expenses $ 367,290 58,439
Convertible notes payable 655,000
Total current liabilities $ 367,290 $ 713,439
Long-term Liabilities:    
Derivative liabilities 313,709
Total Liabilities $ 680,999 $ 713,439
Commitments and contingencies
Stockholders' Equity    
Preferred Stock, par value $0.001: 10,000,000 shares authorized; none issued and outstanding
Common stock, $0.001 par value; 300,000,000 shares authorized; 13,615,440 and 5,493,200 shares issued and outstanding at March 31, 2016 and 2015, respectively $ 13,615 $ 5,493
Additional paid in capital 6,549,946 559,870
Accumulated deficit (4,157,176) (446,349)
Total Stockholders' Equity 2,406,385 119,014
Total Liabilities and Stockholders' Equity $ 3,087,384 $ 832,453