v3.7.0.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
Jun. 30, 2017
Dec. 31, 2016
Current assets:    
Cash $ 5,323 $ 594
Prepaid expenses 15,464 44,854
Other intangible assets 6,111 12,778
Total current assets 26,898 58,226
Property and equipment, net 2,142 6,131
Other assets:    
Patents, net 1,339,829 1,379,943
Goodwill 166,000 166,000
Deposits-other 2,315 2,315
Total other assets 1,508,144 1,548,258
Total Assets 1,537,184 1,612,615
Current liabilities:    
Notes payable - related party 1,191,075 0
Notes and debentures payable 89,465 114,259
Accounts payable and accrued expenses 597,009 351,143
Accounts payable - related party 25,000 0
Accrued interest payable - related party 19,146 71,309
Accrued interest payable 158,615 17,615
Total current liabilities 2,080,310 554,326
Long term debt:    
Notes payable - related party, net 34,200 1,054,325
Total Liabilities 2,114,510 1,608,651
Stockholders' equity (deficiency):    
Common stock $0.0002 par value, 1,500,000,000 shares authorized; 4,939,182 shares issued and outstanding 988 988
Additional paid-in capital 1,281,699 881,699
Accumulated deficit (1,861,394) (880,104)
Total Stockholders' Equity (Deficiency) (577,326) 3,964
Total Liabilities and Stockholders' Equity (Deficiency) 1,537,184 1,612,615
Series A Preferred Stock [Member]    
Stockholders' equity (deficiency):    
Preferred Stock Value 69 69
Total Stockholders' Equity (Deficiency) 69 69
Series B Preferred Stock [Member]    
Stockholders' equity (deficiency):    
Preferred Stock Value 1,312 1,312
Total Stockholders' Equity (Deficiency) $ 1,312 $ 1,312

Source