Quarterly report pursuant to Section 13 or 15(d)

Unaudited Condensed Consolidated Statement of Operations

v3.10.0.1
Unaudited Condensed Consolidated Statement of Operations - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Details        
REVENUES: $ 0 $ 0 $ 0 $ 0
COSTS AND EXPENSES:        
General and Administrative 307,330 222,230 639,315 428,571
Professional fees and Consulting expense 253,836 163,703 677,963 439,614
Research and Development 773,991 495,516 1,701,106 804,536
Total Costs and Expenses 1,335,157 881,449 3,018,384 1,672,721
LOSS FROM OPERATIONS (1,335,157) (881,449) (3,018,384) (1,672,721)
OTHER INCOME (EXPENSE):        
Loss on Extinguishment of Debt 0 0 0 (406,482)
Amortization of Debt Discount (147,920) (106,468) (242,673) (306,008)
Financing Costs (54,000) 0 (81,000) (54,000)
Finance costs paid in stock and warrants (36,000) 0 (300,496) (36,000)
Interest expense (34,976) (68,879) (69,950) (69,479)
Interest Expense, Related Parties (1,964,998) (370,683) (3,706,722) (745,088)
Total Other Income (Expense) (2,237,894) (546,030) (4,400,841) (1,617,057)
NET LOSS $ (3,573,051) $ (1,427,479) $ (7,419,225) $ (3,289,778)
BASIC AND DILUTED LOSS PER SHARE $ (0.02) $ (0.01) $ (0.05) $ (0.02)
WEIGHTED AVERAGE BASIC AND DILUTED SHARES OUTSTANDING 151,870,383 138,949,468 146,545,803 137,886,645