Annual report pursuant to Section 13 and 15(d)

Note 2 - Basis of Presentation

Note 2 - Basis of Presentation	12 Months Ended
Dec. 31, 2018
Notes
Note 2 - Basis of Presentation	NOTE 2 BASIS OF PRESENTATION Going Concern The Company had a net loss of $14,635,367 and $10,038,374 during the years ended December 31, 2018 and 2017, respectively. In addition, the Company had a working capital deficiency of $22,282,117 and a stockholders deficiency of $22,282,117 at December 31, 2018. These factors raise substantial doubt about the Companys ability to continue as a going concern. There can be no assurance that sufficient funds required during the next year or thereafter will be generated from operations or that funds will be available from external sources such as debt or equity financings or other potential sources. The lack of additional capital resulting from the inability to generate cash flow from operations or to raise capital from external sources would force the Company to substantially curtail or cease operations and would, therefore, have a material adverse effect on its business. Furthermore, there can be no assurance that any such required funds, if available, will be available on attractive terms or that they will not have a significant dilutive effect on the Companys existing shareholders. The accompanying consolidated financial statements do not include any adjustments related to the recoverability or classification of asset- carrying amounts or the amounts and classification of liabilities that may result should the Company be unable to continue as a going concern. The Company is attempting to address its lack of liquidity by raising additional funds, either in the form of debt or equity or some combination thereof. There can be no assurances that the Company will be able to raise the additional funds it requires. During the year ended December 31, 2018, the Company received proceeds of $1,968,801 from the issuance of 11% convertible debt and $3,433,813 from the issuance of Common Stock.

Note 2 - Basis of Presentation

12 Months Ended

Dec. 31, 2018

NOTE 2 BASIS OF PRESENTATION

Going Concern

The Company had a net loss of $14,635,367 and $10,038,374 during the years ended December 31, 2018 and 2017, respectively.

In addition, the Company had a working capital deficiency of $22,282,117 and a stockholders deficiency of $22,282,117 at December 31, 2018. These factors raise substantial doubt about the Companys ability to continue as a going concern.

There can be no assurance that sufficient funds required during the next year or thereafter will be generated from operations or that funds will be available from external sources such as debt or equity financings or other potential sources. The lack of additional capital resulting from the inability to generate cash flow from operations or to raise capital from external sources would force the Company to substantially curtail or cease operations and would, therefore, have a material adverse effect on its business. Furthermore, there can be no assurance that any such required funds, if available, will be available on attractive terms or that they will not have a significant dilutive effect on the Companys existing shareholders.

The accompanying consolidated financial statements do not include any adjustments related to the recoverability or classification of asset- carrying amounts or the amounts and classification of liabilities that may result should the Company be unable to continue as a going concern.

The Company is attempting to address its lack of liquidity by raising additional funds, either in the form of debt or equity or some combination thereof. There can be no assurances that the Company will be able to raise the additional funds it requires.

During the year ended December 31, 2018, the Company received proceeds of $1,968,801 from the issuance of 11% convertible debt and $3,433,813 from the issuance of Common Stock.