Annual report pursuant to Section 13 and 15(d)

Balance Sheets

v3.7.0.1
Balance Sheets - USD ($)
Dec. 31, 2016
Dec. 31, 2015
Current Assets    
Cash $ 100,444 $ 123,066
Total Current Assets 100,444 123,066
Property, plant and equipment, net of accumulated depreciation of $1,019 and $1,019, respectively 0 0
Total Assets 100,444 123,066
Current Liabilities    
Accounts payable 1,956,743 1,285,724
Accrued liabilities 3,878,460 3,708,017
Notes payable – related parties 18,050 0
Notes payable – third parties 463,185 413,185
Convertible debt, net of unamortized discounts 1,397,222 1,131,873
Derivative liabilities 18,028,611 70,004,318
Total Current Liabilities 25,742,271 76,543,117
Long-Term Liabilities    
Convertible debt, net of unamortized discounts 5,253,262 4,473,414
Total Liabilities 30,995,533 81,016,531
Stockholders' Deficit    
Common stock, $0.00001 par value 500,000,000 shares authorized, 101,068,451 and 60,577,714 shares issued and outstanding, respectively 1,011 606
Additional paid-in capital 235,702,112 222,260,166
Accumulated deficit (266,598,212) (303,154,237)
Total Stockholders' Deficit (30,895,089) (80,893,465)
Total Liabilities and Stockholders' Deficit $ 100,444 $ 123,066