Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED BALANCE SHEETS (unaudited)

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CONDENSED CONSOLIDATED BALANCE SHEETS (unaudited) - USD ($)
Dec. 31, 2015
Mar. 31, 2015
Assets:    
Cash and cash equivalents $ 2,483,489 $ 687,739
Inventory 30,521
Prepaid expenses $ 67,887 19,000
Total current assets 2,551,376 737,260
Property and equipment, net 192,062 65,512
Intangibles, net 46,566 26,966
Other assets 60,970 2,715
Total Assets 2,850,974 832,453
Current Liabilities:    
Accounts payable and accrued expenses $ 509,617 58,439
Convertible notes payable 655,000
Total current liabilities $ 509,617 $ 713,439
Long-term Liabilities:    
Derivative liabilities 185,715
Total Liabilities $ 695,332 $ 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; 13,021,315 and 5,493,200 shares issued and outstanding at December 31, 2015 and March 31, 2015, respectively $ 13,021 $ 5,493
Additional paid in capital 5,550,406 559,870
Accumulated deficit (3,407,785) (446,349)
Total Stockholders' Equity 2,155,642 119,014
Total Liabilities and Stockholders' Equity $ 2,850,974 $ 832,453