Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED BALANCE SHEET

v3.5.0.2
CONDENSED CONSOLIDATED BALANCE SHEET - USD ($)
Jun. 30, 2016
Dec. 31, 2015
CURRENT ASSETS:    
Cash $ 25,733 $ 16,589
Prepaid Expenses 33,863 12,341
Total Current Assets 59,596 28,930
PROPERTY AND EQUIPMENT, NET 31,250 43,750
TOTAL ASSETS 90,846 72,680
CURRENT LIABILITIES:    
Accounts Payable 1,111,080 1,325,659
Loan Payable - Related Parties 379,422 337,107
Convertible Debenture Payable, less discount of $435,207 and $385,190 at June 30, 2016 and December 31, 2015 2,241,993 1,224,510
Accrued Liabilities 2,603,794 2,083,634
Total Current Liabilities 6,336,289 4,970,910
Convertible Debenture Payable, less discount of $1,370,631 and $1,458,741 at June 30, 2016 and December 31, 2015 4,869,369 4,598,759
Total Long term Liabilities 4,869,369 4,598,759
TOTAL LIABILITIES 11,205,658 9,569,669
COMMITMENTS AND CONTINGENCIES
STOCKHOLDERS' DEFICIT:    
Common stock, $.001 par value, 300,000,000 shares authorized 132,786,776 and 132,156,776 issued and outstanding at June 30, 2016 and December 31, 2015 132,787 132,157
Additional Paid-In Capital 40,153,860 38,085,266
Accumulated deficit (51,401,459) (47,714,412)
Total Stockholders' Deficit (11,114,812) (9,496,989)
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT $ 90,846 $ 72,680