• Filing Date: 2018-08-09
  • Form Type: 10-Q
  • Description: Quarterly report
v3.10.0.1
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
Jun. 30, 2018
Dec. 31, 2017
Current Assets:    
Cash and cash equivalents $ 121,034 $ 56,470
Accounts receivable, net 221,960 18,576
Prepaid expenses and other current assets 11,700 17,638
Total Current Assets 354,694 92,684
Intangible assets, net 160 9,960
Other Assets    
Security deposit 9,900 11,275
Investment in corporate stock 7,560,000 0
Total Other Assets 7,569,900 11,275
Total Assets 7,924,754 113,919
Current Liabilities:    
Accounts payable 420,189 458,280
Accrued expenses 1,320,911 735,431
Derivative liability 11,119,717 666,123
Note payables-Bank 0 54,644
Convertible promissory notes, net 4,390,010 3,149,498
Total Current Liabilities 17,250,827 5,063,976
Stockholders' Deficit:    
Common stock, $.0001 par value; 900,000,000 and 900,000,000 shares authorized; 377,975,600 and 199,375,600 shares issued and outstanding at June 30, 2018, and December 31, 2017, respectively 37,810 19,850
Additional paid-in capital 60,531,589 44,776,029
Stock subscription (260,000) 0
Accumulated deficit (81,188,010) (61,298,474)
Total Stockholders' Deficit (20,878,586) (16,502,570)
Total Liabilities and Stockholders' Deficit 7,924,754 113,919
Preferred Stock [Member]    
Stockholders' Deficit:    
Preferred Stock 25 25
AAA Preferred Stock [Member]    
Stockholders' Deficit:    
Preferred Stock $ 11,552,513 $ 11,552,513