General form of registration statement for all companies including face-amount certificate companies

Inventories

v3.19.2
Inventories
6 Months Ended 12 Months Ended
Jun. 30, 2019
Dec. 31, 2018
Inventory Disclosure [Abstract]    
Inventories

NOTE 3 – INVENTORIES

 

Inventories consist of the following as of:

 

    June 30, 2019
(Unaudited)
    December 31, 2018  
Finished goods   $ 650,213     $ 96,750  
Raw materials     774,588       1,383,630  
Total inventories   $ 1,424,801     $ 1,480,380  

 

As of June 30, 2019 and December 31, 2018, all raw materials were held at the manufacturer’s facility for future production.

NOTE 3 – INVENTORIES

 

Inventories consist of the following as of December 31:

 

    2018     2017  
Finished goods   $ 96,750     $ 240,917  
Raw materials     1,383,630       98,937  
Packing supplies and materials     -       571  
Total inventories   $ 1,480,380     $ 340,425  

 

As of December 31, 2018, $1,383,630 in raw materials were held at the manufacturer’s facility for future production.