Quarterly report pursuant to Section 13 or 15(d)

CONSOLIDATED STATEMENTS OF OPERATIONS

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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Income Statement    
Equipment sales $ 5,000 $ 32,760
Other revenue   5,000
Total revenue 5,000 37,760
Costs of goods sold   24,966
Gross profit 5,000 12,794
Expenses:    
Selling, general and administrative 80,515 459,438
Research and development   11,738
Total expenses 80,515 471,176
Loss from continuing operations, before taxes (75,515) (458,382)
Other Income and Expense:    
Interest income   1,252
Interest expense 56,106 35,271
Total other income and expense 56,106 (34,019)
Loss before income taxes (131,621) (482,401)
Income taxes   (25)
Net loss from continuing operations (131,621) (492,426)
Net loss from discontinued operations (2,004) (152,180)
Net loss (133,625) (644,606)
Preferred stock cumulative dividend and deemed dividend (10,705) (10,589)
Net loss available to common stockholders $ (144,330) $ (655,195)
Net loss per common share basic and diluted from continuing operations $ (0.01) $ (0.05)
Net loss per common share basic and diluted from discontinued operations 0 (0.01)
Net loss per common share basic and diluted $ (0.01) $ (0.06)
Weighted average shares outstanding basic and diluted 11,017,640 10,997,056