Annual report pursuant to Section 13 and 15(d)

Consolidated Balance Sheets (December 31, 2019 Revised)

v3.20.1
Consolidated Balance Sheets (December 31, 2019 Revised) - USD ($)
Dec. 31, 2019
Dec. 31, 2018
CURRENT ASSETS:    
Cash $ 346,111 $ 388,891
Prepaid Expenses 23,282 22,615
Total Current Assets 369,393 411,506
PROPERTY AND EQUIPMENT, NET 0 0
TOTAL ASSETS 369,393 411,506
CURRENT LIABILITIES:    
Accounts Payable 1,372,428 422,426
Due to Related Party 0 432,429
Loans Payable, Related Parties 0 176,405
ConvertibleDebenturesPayable, less discount 5,280,342 17,978,215
Accrued Interest 1,952,606 3,674,148
Accrued Liabilities - Other 102,500 10,000
Total Current Liabilities 8,707,876 22,693,623
LONG TERM LIABILITIES:    
TOTAL LIABILITIES 8,707,876 22,693,623
STOCKHOLDERS' DEFICIT:    
Common Stock, Value, Issued 396,737 180,037
Additional Paid-In Capital 81,222,726 55,985,626
Accumulated Deficit (89,957,946) (78,447,780)
Total Stockholders' Deficit (8,338,483) (22,282,117)
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT $ 369,393 $ 411,506