Fuse Science Inc (DROP)

[wallst-winest]

Sales

Sales were $35,872 for the three months ended June 30, 2012, as compared to $ 0 for the comparable three months ended June 30, 2011. The increase in sales is due to a limited roll out of Enerjel™, our initial product, through internet sales while the Company focuses on a full retail roll out through its establishment of distribution partnerships which began shipping in Q-4.

Gross Profit

Gross profit percentage during the three months ended June 30, 2012 was 69.4%. Sales for the period consisted of Enerjel™, the Company’s only currently marketed product. Sales were made exclusively through the Company’s website and for a short test period through Amazon.com.