• Filing Date: 2018-01-12
  • Form Type: 10-Q
  • Description: Quarterly report
v3.8.0.1
CONDENSED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Income Statement [Abstract]        
REVENUE $ 10,785 $ 208,884 $ 44,264 $ 237,262
COST OF GOODS SOLD (4,142) (173,321) (28,770) (197,019)
GROSS LOSS 6,643 35,563 15,494 40,243
OPERATING EXPENSES        
Selling, general and administrative 108,921 148,477 530,573 750,163
TOTAL OPERATING EXPENSES 108,921 148,477 530,573 750,163
LOSS FROM OPERATIONS (102,278) (112,914) (515,079) (709,920)
OTHER INCOME (EXPENSE)        
Gain on conversion of debt 17,799   59,616  
Change in fair value of derivative (105,990) 456,744 806,434 (136,960)
Derivative liability gain (expense) - insufficient shares (260,681) 905,980 300,766  
Interest expense (469,389) (34,607) (1,846,555) (66,526)
TOTAL OTHER INCOME (EXPENSE) (818,261) 1,328,117 (679,739) (203,486)
INCOME (LOSS) BEFORE INCOME TAXES (920,539) 1,215,203 (1,194,818) (913,406)
Income tax expense      
NET INCOME (LOSS) (920,539) 1,215,203 (1,194,818) (913,406)
Discount attributable to beneficial conversion privilege of preferred stock       (250,000)
Income (Loss) applicable to common stock $ (920,539) $ 1,215,203 $ (1,194,818) $ (1,163,406)
NET INCOME (LOSS) PER COMMON SHARE        
Basic net incme (loss) per common share (in dollars per share) $ 0.00 $ 0.00 $ 0.00 $ (0.01)
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING        
Basic (in shares) 804,611,295 330,671,531 589,721,295 375,114,245