Quarterly report pursuant to Section 13 or 15(d)

Condensed Statements of Operations (Unaudited)

v2.4.0.8
Condensed Statements of Operations (Unaudited) (USD $)
3 Months Ended 9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Sep. 30, 2014
Sep. 30, 2013
Revenue        
Software and Hardware Sales $ 13,367    $ 93,968 $ 72,085
Services 7,173 157,441 189,426 515,433
Total Revenue 20,810 157,441 283,394 587,518
Cost of Goods Sold        
Software and Hardware 6,074 649 66,579 7,441
Services 5,395 56,205 60,109 248,191
Total Cost of Revenue 11,469 56,854 126,688 255,632
Gross Profit 9,341 100,587 156,706 331,886
Operating Expenses        
Administrative and General 24,328 47,459 182,821 195,114
Salaries and Employee Benefits 60,882 142,458 308,428 402,680
Professional Fees 10,944 25,681 51,344 72,329
Total Operating Expenses 96,154 215,598 543,592 670,123
Loss from Operations (86,813) (115,011) (385,887) (338,237)
Finance Fee earned on sales          9,230
Gain on settlement       5,200   
Factoring Fees and other interests (12,776) (11,542) (12,776) (24,190)
Loss on Fixed Asset Disposal       (305)   
Interest expense (104,081) (57,488) (182,098) (141,988)
Total Other Income (Expense), net (116,857) 69,030 (189,979) 156,948
Net (Loss) $ (203,670) $ (184,041) $ (575,866) $ (495,185)
Basic and fully diluted $ 0.00 $ 0.00 $ 0.00 $ (0.01)
Weighted average common shares outstanding 117,099,553 83,048,825 111,737,040 72,316,560