Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v3.5.0.2
Condensed Consolidated Balance Sheets - USD ($)
Sep. 30, 2016
Dec. 31, 2015
Current assets:    
Cash $ 161,393 $ 103,019
Accounts Receivable 3,406
Prepaid expenses and other current assets 105,871 65,922
Total current assets 270,670 168,941
Property and equipment, net 56,900 70,873
Other assets 15,256
Total assets 342,826 239,814
Current liabilities:    
Accounts payable 375,280 331,569
Accrued expenses 288,852 174,443
Convertible notes payable, current portion and net of debt discount 934,647
Notes payable - related parties, net of debt discount 1,340,174
Notes payable 125,000 725,000
Total current liabilities 3,063,953 1,231,012
Notes payable - related parties, net of debt discount 1,351,192
Total liabilities 3,063,953 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, 92,644,899 and 63,859,000 shares issued and outstanding as of September 30, 2016 (unaudited) and December 31, 2015, respectively 9,264 6,386
Additional paid-in capital 15,882,667 14,650,519
Subscription receivables (80,000)
Common stock subscribed 1,541,636
Accumulated deficit (20,074,694) (16,999,295)
Total sharesholders' deficit (2,721,127) (2,342,390)
Total liabilities and shareholders' deficit $ 342,826 $ 239,814