EYES ON THE GO, INC.

CIK:0001498522|SEC Filings

STATEMENTS OF OPERATIONS (Unaudited) (USD $)	3 Months Ended		9 Months Ended
STATEMENTS OF OPERATIONS (Unaudited) (USD $)	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
Income Statement [Abstract]
REVENUES	$ 138,818	$ 16,579	$ 379,843	$ 26,714
COST OF REVENUE	20,263	1,601	30,997	2,977
GROSS PROFIT (LOSS)	118,555	14,978	348,846	23,737
SELLING, GENERAL AND ADMINISTRATIVE EXPENSES	682,393	169,856	1,523,463	507,799
Operating Loss	(563,838)	(154,878)	(1,174,617)	(484,062)
Other:
Interest expense	347,672	82,286	3,257,886	153,247
(Gain) Loss on change in fair market value of derivative liability	(385,434)	79,810	536,143	26,525
Loss on extinguishment of debt	76,958		416,471
Total Expenses	39,196	162,096	4,210,502	179,772
NET LOSS	$ (603,034)	$ (316,974)	$ (5,385,117)	$ (663,834)
Loss per common share	$ 0	$ 0	$ 0	$ 0
Weighted average common shares outstanding	29,420,542,236	1,358,077,139	2,655,743,284	1,270,985,837

STATEMENTS OF CASH FLOWS (Unaudited) (USD $)	9 Months Ended
STATEMENTS OF CASH FLOWS (Unaudited) (USD $)	Sep. 30, 2014	Sep. 30, 2013
OPERATING ACTIVITIES:
Net loss	$ (5,385,117)	$ (663,834)
Adjustments to reconcile net loss to net cash used in operating activities:
Accrued expenses to related parties	162,000	162,000
Stock based payment	41,841	27,564
Amortization	12,795	12,795
Gain in change in fair value of derivative liability	536,143	26,525
Loss on extinguishment of debt	416,471
Non cash interest expense	3,254,693	166,465
Changes in operating assets and liabilities:
Accounts receivable	(92,956)	0
Prepaid expenses	0	(8,158)
Accounts payable	61,273	(5,610)
NET CASH USED IN OPERATING ACTIVITIES	(992,857)	(282,253)
FINANCING ACTIVITIES:
Proceeds from issuance of common stock and capital contributions	0	15,000
Proceeds of loan to related party	(42,538)	21,404
Proceeds from issuance of convertible debt	1,118,611	293,963
Payment of deferred finance costs	0	(46,263)
NET CASH PROVIDED BY FINANCING ACTIVITIES	1,076,077	284,104
INCREASE (DECREASE) IN CASH	83,220	1,851
CASH - BEGINNING OF PERIOD	37,215	327
CASH - END OF PERIOD	120,435	2,178
Non-cash investing and financing activities:
Derivative liability recognized as debt discount	1,118,615	245,543
Original issue discount on convertible debt	96,588	31,329
Conversion of Convertible debt to common stock	228,382	64,190
Conversion of related party payable to common stock	$ 691,530	$ 66,300

CONSOLIDATED BALANCE SHEETS (Unaudited) (USD $)	Sep. 30, 2014	Dec. 31, 2013
CURRENT ASSETS:
Cash	$ 120,435	$ 37,215
Prepaid Expenses	94,435	1,948
Deferred Finance Expenses	0	24,943
TOTAL CURRENT ASSETS	215,339	64,106
Intangible asset, net of accumulated amortization of $59,414 and $33,824	8,526	21,321
TOTAL ASSETS	223,865	85,427
CURRENT LIABILITIES:
Accounts Payable	94,635	33,362
Due to related parties	1,171,576	1,052,114
Convertible Debt	699,427	222,957
Derivative Liability	4,866,908	1,379,782
TOTAL CURRENT LIABILITIES	6,832,546	2,688,215
STOCKHOLDERS' DEFICIENCY:
Series A Preferred stock, $0.000001 par value, 5,000,000 shares authorized, 0 shares issued and outstanding at September 30, 2014 and December 31, 2013	0	0
Series B Preferred stock, $0.000001 par value, 5,000,000 shares authorized, 303,849 and 0 shares issued and outstanding at September 30, 2014 and December 31, 2013	0	0
Series C Preferred stock, $0.000001 par value, 5,000,000 shares authorized, no shares issued and outstanding at September 30, 2014 and December 31, 2013	0	0
Common stock, $0.000001 par value, 6,000,000,000 shares authorized, 2,409,890,592 and 2,084,675,792 shares issued and outstanding at March 31, 2014 and December 31, 2013, respectively	3,154	2,081
Additional paid-in capital	2,504,203	1,126,048
Accumulated deficit	(9,116,038)	(3,730,921)
TOTAL STOCKHOLDERS' DEFICIENCY	(6,608,681)	(2,602,788)
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIENCY	$ 223,865	$ 85,427