CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
|
Jun. 30, 2017 |
Dec. 31, 2016 |
| Current Assets |
|
|
| Cash |
$ 116,773
|
$ 998,737
|
| Other receivables |
2,000
|
3,183
|
| Prepaid expenses |
194,584
|
206,478
|
| Total current assets |
313,357
|
1,208,398
|
| Property and equipment, net |
154,223
|
87,429
|
| Total assets |
467,580
|
1,295,827
|
| Current Liabilities |
|
|
| Accounts payable |
115,551
|
29,934
|
| Accounts payable (related party) |
75,000
|
75,000
|
| Accrued expenses |
222,155
|
101,239
|
| Accrued expenses (related party) |
814,277
|
690,168
|
| Current notes payable net of $3,931 and $87,605 discount, respectively |
2,640,569
|
2,111,895
|
| Current notes payable (related party) net of $89 and $263 discount, respectively |
795,851
|
837,177
|
| Deferred income |
10,792
|
|
| Total current liabilities |
4,674,195
|
3,845,413
|
| Long-term Liabilities, net of current portion |
|
|
| Notes payable |
|
445,000
|
| Deferred income long-term |
188,742
|
|
| Total long-term liabilities |
188,742
|
445,000
|
| Total liabilities |
4,862,937
|
4,290,413
|
| STOCKHOLDERS' EQUITY (DEFICIT): |
|
|
| Common stock, $.001 par value, 180,000,000 shares authorized; 9,882,184 shares issued and outstanding as of June 30, 2017 and December 31, 2016. |
9,882
|
9,882
|
| Additional paid-in capital |
2,618,722
|
2,458,744
|
| Accumulated deficit |
(7,023,961)
|
(5,463,212)
|
| Total stockholders' equity (deficit) |
(4,395,357)
|
(2,994,586)
|
| Total liabilities and stockholders' equity (deficit) |
$ 467,580
|
$ 1,295,827
|