Quarterly report pursuant to Section 13 or 15(d)

Discontinued Operations (Tables)

Discontinued Operations (Tables)

3 Months Ended

Sep. 30, 2013

Discontinued Operations and Disposal Groups [Abstract]

Gain on divestment of Glyderm Brand

Purchase price			1,000,000
Carrying value of net assets			314,347
Net gain on divestment			685,653

Carrying value of net assets
Receivables			181,716
Inventory			125,899
Website			2,662
Deferred financing costs			2,368
Other assets			1,702
			314,347

Schedule of Discontinued Operations

	Three Months Ended September 30,						Nine Months Ended September 30,
	2013			2012			2013			2012

Sales	$	95,112		$	159,610		$	402,861		$	454,956

Cost of sales		(24,380	)		(43,344	)		(100,148	)		(114,112	)

Gross profit		70,732			116,266			302,713			340,844

Operating Expenses:
General and adminstrative expenses		4,000			20,400			45,807			48,274
Selling expenses		2,674			72,056			44,058			188,338
Total Operating Expenses		6,674			92,456			89,865			236,612

Income from discontinued operations		64,058			23,810			212,848			104,232

- Definition

Tabular disclosure of disposal groups, which may include the gain (loss) recognized in the income statement and the income statement caption that includes that gain (loss), amounts of revenues and pretax profit or loss reported in discontinued operations, the classification and carrying value of the assets and liabilities comprising the disposal group, and the segment in which the disposal group was reported. Also may include the amount of adjustments to amounts previously reported in discontinued operations such as resolution of contingencies arising from the disposal transaction or the operations of the component prior to disposal.

+ References + Details