Annual report pursuant to Section 13 and 15(d)

SIGNIFICANT ACCOUNTING POLICIES (Tables)

SIGNIFICANT ACCOUNTING POLICIES (Tables)

12 Months Ended

Dec. 31, 2020

SIGNIFICANT ACCOUNTING POLICIES

Schedule of net sales

		2020				2019
Sales/access fees		$	13,500			$	29,150
Distribution rights income			107,169				207,110
Membership/program fees			1,952				3,999
Net sales		$	122,621			$	240,259

Schedule of changes in deferred revenue

Balance as of December 31, 2019:
Short term		$	134,924
Long term			103,313
Total as of December 31, 2019			238,237
Cash payments received			6,496
Net sales recognized			(109,121	)
Balance as of December 31, 2020			135,612
Less short term			63,331
Long term		$	72,281

Schedule of computations of weighted average shares outstanding

		2020				2019
Shares underlying options outstanding			828,631				822,797
Shares underlying warrants outstanding			72,500				72,500
Shares underlying convertible notes outstanding			-				-
Convertible preferred stock outstanding			240,000				240,000
			1,141,131				1,135,297