Quarterly report pursuant to Section 13 or 15(d)

Balance Sheets (Unaudited)

v3.3.1.900
Balance Sheets (Unaudited) - USD ($)
Mar. 31, 2015
Dec. 31, 2014
Current Assets    
Cash $ 101 $ 1,130
Total Current Assets 101 1,130
Construction in progress 3,212,944 3,212,944
Total Assets 3,213,045 3,214,074
Current Liabilities    
Accounts payable 1,039,090 1,020,470
Accrued liabilities 2,663,782 2,400,145
Debt, net of unamortized discounts 413,185 413,185
Convertible debt, net of unamortized discounts 1,623,635 1,500,765
Debt owed to related parties, net of unamortized discounts 11,400 0
Derivative liabilities 2,414,809 1,765,695
Total Current Liabilities 8,165,901 7,100,260
Stockholders’ Deficit:    
Common stock, $0.00001 par value; 150,000,000 shares authorized, 50,422,414 and 40,393,751 shares issued and outstanding, respectively 504 404
Additional paid-in capital 219,686,231 218,935,664
Accumulated deficit (224,639,591) (222,822,254)
Total Stockholders' Deficit (4,952,856) (3,886,186)
Total Liabilities and Stockholders' Deficit $ 3,213,045 $ 3,214,074