Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED BALANCE SHEET

v3.3.0.814
CONDENSED CONSOLIDATED BALANCE SHEET - USD ($)
Sep. 30, 2015
Dec. 31, 2014
CURRENT ASSETS:    
Cash $ 19,914 $ 1,383
Prepaid Expenses 31,882 31,724
Total Current Assets 51,796 33,107
PROPERTY AND EQUIPMENT, NET 50,000 68,750
TOTAL ASSETS 101,796 101,857
CURRENT LIABILITIES:    
Accounts Payable 1,218,689 1,225,589
Loan Payable - Related Parties 353,905 141,014
Convertible Debenture Payable, less discount of $585,456 and $746,314 at September 30, 2015 and December 31, 2014, respectively 4,929,544 3,628,386
Accrued Liabilities 1,830,641 1,238,994
Total Current Liabilities 8,332,779 6,233,983
LONG TERM LIABILITIES:    
Convertible Debenture Payable, less discount of $1,210,343 and $1,047,958 at September 30, 2015 and December 31, 2014, respectively 441,857 237,042
Total Long term Liabilities 441,857 237,042
TOTAL LIABILITIES $ 8,774,636 $ 6,471,025
COMMITMENTS AND CONTINGENCIES
STOCKHOLDERS' DEFICIT:    
Common stock, $.001 par value, 300,000,000 shares authorized, 131,869,698 and 128,773,859 issued and outstanding at September 30, 2015 and December 31, 2014, respectively $ 131,870 $ 128,774
Additional Paid-In Capital 37,892,032 35,427,339
Accumulated deficit (46,696,742) (41,925,281)
Total Stockholders' Deficit (8,672,840) (6,369,168)
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT $ 101,796 $ 101,857