CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
Sep. 30, 2015
Dec. 31, 2014
CURRENT ASSETS    
Cash and cash equivalents $ 681 $ 15,173
Total current assets 681 15,173
Investments in joint ventures, net of impairment of $340,000 and $320,000, respectively 0 0
Investments in subsidiaries, net of impairment of $125,000 and $125,000, respectively 0 0
Deposit for purchase of fixed assets 5,650,000 0
TOTAL ASSETS 5,650,681 15,173
CURRENT LIABILITIES    
Accounts payable and accrued expenses 323,778 328,705
Accounts payable to related party 150,000 0
Current portion of convertible notes payable, net of discount of $130,407 and $280,892, respectively 452,980 193,824
Current portion of accrued interest payable 101,130 68,625
Total current liabilities 1,027,888 591,154
Convertible notes payable, net of discount of $673,909 and $355,753, respectively 24,436 9,353
Accrued interest payable 21,593 8,214
TOTAL LIABILITIES $ 1,073,917 $ 608,721
COMMITMENTS AND CONTINGENCIES
SHAREHOLDERS’ EQUITY (DEFICIT)    
Common stock, $0.001 par value; 480,000,000 shares authorized; 11,278,875 shares and 616,908 shares issued; 11,278,858 and 616,858 shares outstanding at September 30, 2015 and December 31, 2014, respectively $ 11,279 $ 617
Preferred stock, $0.001 stated value; 20,000,000 shares authorized; 1,000,000 shares issued and outstanding at September 30, 2015 and December 31, 2014 1,000 1,000
Treasury shares, 17 and 50 shares as of September 30, 2015 and December 31, 2014, respectively (19) (55)
Additional paid-in capital 20,790,478 14,823,239
Common stock payable 5,000 5,000
Accumulated deficit (16,230,974) (15,423,349)
Total shareholders’ equity (deficit) 4,576,764 (593,548)
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY (DEFICIT) $ 5,650,681 $ 15,173