so that did not copy well...
should read, trade payables end of June 2016, $ 369,463
trade payables at end of year, March 2016 $ 120,744
for reference here are the prior two quarters trade payables:
going backwards.....dec 2015 101k,
March 2015 $ 140k.
point being...last 10q approx 3 times higher
CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
Dec. 31, 2015Mar. 31, 2015
| Current |
|
|
| Cash and cash equivalents |
$ 1,083,156 |
$ 1,952,981 |
| Accounts receivable |
462 |
11,218 |
| Inventory, net |
0 |
0 |
| Deposits and prepaid expenses |
41,029 |
42,538 |
| Total current assets |
1,124,647 |
2,006,737 |
| Property, equipment and intangibles, net of accumulated depreciation and amortization of $162,835 and $166,529, respectively |
29,322 |
7,215 |
| Total assets |
1,153,969 |
2,013,952 |
| Current |
|
|
| Accounts payable, trade |
101,904 |
140,293 |
| Accrued and other liabilities |
99,130 |
156,759 |
| Total current liabilities |
201,034 |
$ 297,052 |
| Commitments and Contingencies |
|
|
| Stockholders' equity |
|
|
| Preferred stock, $0.001 par value; 5,000,000 shares authorized, none issued and outstanding |
0 |
$ 0 |
| Common stock, $0.001 par value, authorized 350,000,000, 293,678,330 and 293,378,330 issued and outstanding, respectively |
293,678 |
293,378 |
| Additional paid-in capital |
83,005,309 |
82,931,048 |
| Accumulated deficit |
(82,346,052) |
(81,507,526) |
| Total stockholders' equity |
952,935 |
1,716,900 |
| Total liabilities and stockholders' equity |
$ 1,153,969 |
$ 2,013,952 |
