Quarterly report pursuant to Section 13 or 15(d)

Consolidated Balance Sheets (Unaudited)

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Consolidated Balance Sheets (Unaudited) (USD $)
Jun. 30, 2013
Dec. 31, 2012
Current assets:    
Cash and cash equivalents $ 354,471 $ 62,296
Account receivable net of allowance for doubtful accounts $61,973 and $46,119, respectively 1,489,275 834,998
Inventories 1,524,847 1,651,087
Prepaid expenses and other current assets 202,527 121,912
Total current assets 3,571,120 2,670,293
Property and equipment, net 3,262,750 3,333,919
Deferred financing costs, net 13,856 17,677
Goodwill 1,026,984 1,026,984
Intangibles, net 162,616 190,894
Total non-current assets 4,466,206 4,569,474
Total Assets 8,037,326 7,239,767
Current liabilities:    
Account payable 1,852,739 736,279
Accrued expenses and other current liabilities 3,649,674 3,127,817
Accrued interest 442,849 286,382
Notes payable - shareholder 1,099,715 1,099,715
Convertible notes payable 2,210,971 1,472,152
Deferred income tax 102,022 102,022
Derivative instruments 864,159 919,394
Current portion of long term debt 206,042 181,752
Total current liabilities 10,428,171 7,925,513
Long Term Debt 2,901,499 2,894,579
Shareholders' deficiency    
Common stock, $.001 par value, 100,000,000 shares authorized, 69,461,325 and 63,142,969 shares issued and outstanding at June 30, 2013, and December 31, 2012, respectively 69,461 63,143
Additional paid-in capital 10,971,792 10,484,611
Accumulated deficit (16,349,798) (14,128,079)
Total shareholders' deficiency (5,292,344) (3,580,325)
Total liabilities and shareholders' deficiency $ 8,037,326 $ 7,239,767