Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v3.8.0.1
Condensed Consolidated Balance Sheets - USD ($)
Sep. 30, 2017
Dec. 31, 2016
Current assets:    
Cash $ 28,906 $ 16,762
Accounts receivable 6,000 8,468
Prepaid expenses 26,551 10,871
Total current assets 61,457 36,101
Property and equipment, net 35,976 52,066
Other assets 8,780 16,036
Total assets 106,213 104,203
Current liabilities:    
Accounts payable and accrued expenses 597,320 431,650
Accrued interest (including $97,732 and $118,451 payable to related parties) 216,722 118,137
Accrued officers' salary 475,654 200,028
Notes payable, net of discount of $51,442 and $48,942, respectively 183,558 177,358
Notes payable - related party 1,964,985 1,964,985
Convertible note payable, net of discount of $114,302 and $0, respectively 786,466 680,268
Total current liabilities 4,224,705 3,572,426
Notes Payable Series A Preferred, net of discount of $10,670 335,830
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, 112,735,353 and 94,661,566 shares issued and outstanding as of September 30, 2017 and December 31, 2016, respectively 11,274 9,465
Additional paid in capital 21,657,298 17,815,732
Stock subscription (20) (20,020)
Accumulated deficit (26,122,874) (21,273,400)
Total stockholders' deficit (4,454,322) (3,468,223)
Total liabilities and stockholders’ deficit $ 106,213 $ 104,203