Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited)

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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
Mar. 31, 2016
Dec. 31, 2015
Current Assets    
Cash $ 391,322 $ 963,329
Accounts receivable, net 235,642 116,718
Inventory 312,660 251,518
Unbilled revenue 56,364 65,762
Prepaid expenses - current portion 396,510 191,677
Other current assets 46,021 43,345
Total Current Assets 1,438,519 1,632,349
Property and equipment, net 2,152,482 2,218,693
Intangible Assets, net 268,750 275,000
Prepaid expenses - long-term portion 141,625 189,968
Total Assets 4,001,376 4,316,010
Current Liabilities    
Accounts payable and accrued liabilities 617,503 610,232
Deferred revenue 22,657 16,661
Related party payable 48,418 74,051
Derivative liabilities – current portion 49,094 311,373
Convertible note payable – current portion, net of unamortized discount 2,486 2,486
Liabilities for discontinued operations 112,397 112,397
Total Current Liabilities 852,555 1,127,200
Derivative liabilities – long term portion 60,235 307,018
Total liabilities 912,790 1,434,218
Stockholders' Deficit    
Common Shares, $0.0001 par value; 750,000,000 shares authorized, 22,146,014 and 19,252,082 outstanding as of March 31, 2016 and December 31, 2015, respectively 2,215 1,925
Additional paid-in capital 5,046,374 4,901,839
Accumulated (deficit) (1,951,537) (2,011,483)
Accumulated other comprehensive loss (10,224) (12,263)
Total stockholders' equity 3,088,586 2,881,792
Total liabilities and stockholders' Deficit 4,001,376 4,316,010
Series A Preferred Stock    
Stockholders' Deficit    
Preferred Stock, $0.0001 par value; 50,000,000 shares authorized 0 0
Preferred stock, Series B    
Stockholders' Deficit    
Preferred Stock, $0.0001 par value; 50,000,000 shares authorized 1 1
Preferred stock, Series C    
Stockholders' Deficit    
Preferred Stock, $0.0001 par value; 50,000,000 shares authorized 334 334
Series D Preferred Stock    
Stockholders' Deficit    
Preferred Stock, $0.0001 par value; 50,000,000 shares authorized 455 467
Preferred stock, Series E    
Stockholders' Deficit    
Preferred Stock, $0.0001 par value; 50,000,000 shares authorized 858 862
Preferred stock, Series F    
Stockholders' Deficit    
Preferred Stock, $0.0001 par value; 50,000,000 shares authorized $ 110 $ 110