Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets (September 30, 2017 unaudited)

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Condensed Consolidated Balance Sheets (September 30, 2017 unaudited) - USD ($)
Sep. 30, 2017
Dec. 31, 2016
CURRENT ASSETS:    
Cash $ 1,224,581 $ 506,986
Prepaid Expenses 90,831 13,437
Total Current Assets 1,315,412 520,423
PROPERTY AND EQUIPMENT, NET 0 18,750
OTHER ASSETS:    
Deferred Finance Costs, net 113,769 198,119
Total Other Assets 113,769 198,119
TOTAL ASSETS 1,429,181 737,292
CURRENT LIABILITIES:    
Accounts Payable 635,039 666,365
Due to Related Party 478,534 319,234
Loans Payable, Related Parties 344,019 245,979
ConvertibleDebenturesPayable, less discount 16,186,051 6,886,710
Accrued Interest 1,163,827 2,659,574
Accrued Liabilities - Other 10,000 404,618
Total Current Liabilities 18,817,470 11,182,480
LONG TERM LIABILITIES:    
Total Long Term Liabilities 650,000 3,176,047
TOTAL LIABILITIES 19,467,470 14,358,527
STOCKHOLDERS' DEFICIT:    
Common Stock, Value 140,906 136,745
Additional Paid-In Capital 41,753,140 40,016,059
Accumulated deficit (59,932,335) (53,774,039)
Total Stockholders' Deficit (18,038,289) (13,621,235)
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT 1,429,181 737,292
Convertible Debentures Payable, less Discount $ 650,000 $ 3,176,047