Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v3.5.0.2
Condensed Consolidated Balance Sheets - USD ($)
Jun. 30, 2016
Dec. 31, 2015
Current assets:    
Cash $ 42,544 $ 103,019
Accounts Receivable 34,362
Prepaid expenses and other current assets 104,364 65,922
Total current assets 181,270 168,941
Property and equipment, net 59,221 70,873
Other assets 3,543
Total assets 244,034 239,814
Current liabilities:    
Accounts payable 312,197 331,569
Accrued expenses 240,648 174,443
Convertible notes payable, current portion and net of debt discount 448,364
Notes payable - related parties, net of debt discount 1,259,932
Notes payable 125,000 725,000
Total current liabilities 2,386,141 1,231,012
Notes payable - related parties, net of debt discount 1,351,192
Convertible notes payable, net of current portion 465,201
Total liabilities 2,851,342 2,582,204
Commitments and contingencies
Stockholders' deficit    
Preferred stock, $0.0001 par value, 15,000,000 shares authorized, none issued or outstanding
Common stock, $0.0001 par value, 200,000,000 shares authorized, 78,654,896 and 63,859,000 shares issued and outstanding as of June 30, 2016 (unaudited) and December 31, 2015, respectively 7,867 6,386
Additional paid-in capital 15,452,105 14,650,519
Common stock subscribed 916,948
Accumulated deficit (18,984,228) (16,999,295)
Total shareholders' deficit (2,607,308) (2,342,390)
Total liabilities and shareholders' deficit $ 244,034 $ 239,814