v3.19.1
Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
Mar. 31, 2019
Dec. 31, 2018
Current assets:    
Cash $ 72 $ 4,001
Prepaid expenses 26,585 37,237
Total current assets 26,657 41,238
Property and equipment, net 693 882
Other assets:    
Patents, net 1,199,427 1,219,484
Goodwill 166,000 166,000
Deposits-other 2,315 2,315
Total other assets 1,367,742 1,387,799
Total Assets 1,395,092 1,429,919
Current liabilities:    
Notes payable - related party, net of discount 1,821,174 1,702,300
Notes and debentures payable 81,440 94,764
Accounts payable and accrued expenses 691,106 597,843
Accrued interest payable - related party 524,325 468,260
Accrued interest payable 26,807 26,051
Total current liabilities 3,144,852 2,889,218
Total Liabilities 3,144,852 2,889,218
Stockholders' deficiency:    
Preferred stock, Series A convertible, $0.0002 par value, 500,000 shares authorized; 345,000 shares issued and outstanding at March 31, 2019 and December 31, 2018 69 69
Common stock $0.0002 par value, 1,500,000,000 shares authorized; 68,673,537 and 68,474,520 shares issued and outstanding at March 31, 2019 and December 31, 2018, respectively 13,735 13,695
Additional paid-in capital 2,174,567 2,166,745
Accumulated deficit (3,938,131) (3,639,808)
Total Stockholders' Deficiency (1,749,760) (1,459,299)
Total Liabilities and Stockholders' Deficiency $ 1,395,092 $ 1,429,919

Source