Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited)

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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
 2 Months Ended 3 Months Ended
Jun. 30, 2014
Jun. 30, 2015
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss $ (46,873) $ (822,297)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation 211 2,632
Amortization of intangibles 0 506
Share-based compensation 190 198,454
Change in fair value of derivative liabilities 0 (1,571)
Changes in operating assets and liabilities:    
Inventory 0 30,521
Prepaid expenses 0 (40,812)
Other assets (2,000) (8,000)
Accounts payable and accrued expenses 18,953 64,075
Net Cash Used In Operating Activities (29,519) (576,492)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Cash paid for machinery and equipment (9,667) (18,761)
Cash paid for intangibles (1,175) (4,617)
Net Cash Used In Investing Activities (10,842) (23,378)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from issuance of common stock 1 4,241,627
Proceeds from issuance of preferred stock 530,000 0
Net Cash Provided By Financing Activities 530,001 4,241,627
Net Increase in Cash 489,640 3,641,757
Cash - Beginning of Period 0 687,739
Cash - End of Period 489,640 4,329,496
Cash Paid During the Period for:    
Income taxes 0 0
Interest 0 0
SUPPLEMENTARY DISCLOSURE OF NON-CASH INVESTING AND FINANCING ACTIVITIES:    
Stock compensation payable 190 27,206
Warrants issued for stock issuance costs 0 206,715
Conversion of convertible notes into common stock $ 0 $ 655,000