Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

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Condensed Consolidated Balance Sheets - USD ($)
Mar. 31, 2016
Dec. 31, 2015
Current assets:    
Cash $ 41,973 $ 103,019
Prepaid expenses and other current assets 26,876 65,922
Total current assets 68,849 168,941
Property and equipment, net 65,047 70,873
Total assets 133,896 239,814
Current liabilities:    
Accounts payable and accrued expenses 635,905 506,012
Notes payable 725,000 725,000
Total current liabilities 1,360,905 1,231,012
Notes payable - related parties, net of discount 1,513,008 1,351,192
Total liabilities $ 2,873,913 $ 2,582,204
Stockholders’ equity (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, 63,859,000 shares issued and outstanding as of March 31, 2016 (unaudited) and December 31, 2015 $ 6,386 $ 6,386
Additional paid-in capital 14,817,692 $ 14,650,519
Common stock subscribed 132,480
Accumulated deficit (17,696,575) $ (16,999,295)
Total shareholders’ equity (deficit) (2,740,017) (2,342,390)
Total liabilities and shareholders’ deficit $ 133,896 $ 239,814