3/31/2014				12/31/2013
		(Unaudited)
ASSETS
CURRENT ASSETS:
Cash		$	53,429			$	109,826
Accounts receivable - trade			135,050				8,085
Inventory			65,122				75,311
Prepaid expenses			1,626				1,186
Total current assets			255,227				194,408
PROPERTY AND EQUIPMENT, at cost:			6,561				6,561
Less - accumulated depreciation and amortization			(4,833	)			(4,563	)
Net property and equipment			1,728				1,998
OTHER ASSETS:
Goodwill			807,824				807,824
Total other assets			807,824				807,824
TOTAL ASSETS		$	1,064,779			$	1,004,230
LIABILITIES AND STOCKHOLDERS' EQUITY
CURRENT LIABILITIES:
Due to parent		$	206,874			$	206,874
Accounts payable			95,667				72,985
Accounts payable due to related party			48,083				50,691
Accrued liabilities			60,140				17,926
Unearned revenue			-				1,650
Total current liabilities			410,764				350,126
TOTAL LIABILITIES			410,764				350,126
COMMITMENTS AND CONTINGENCIES			-				-
STOCKHOLDERS' EQUITY (DEFICIT):
Common stock, $.01 par value; authorized 100,000 shares;
100 shares issued and outstanding, at March 31, 2014 and 2013, respectively			1				1
Additional paid-in capital			922,499				922,499
Retained Earnings (Deficit)			(268,485	)			(268,396	)
Total stockholders' equity			654,015				654,104
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY		$	1,064,779			$	1,004,230

The accompanying notes are an integral part of these unaudited financial statements.

 

 

 

1.	BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES