Annual report pursuant to Section 13 and 15(d)

Balance Sheets

v3.10.0.1
Balance Sheets - USD ($)
Dec. 31, 2018
Dec. 31, 2017
Current Assets    
Cash $ 25,745 $ 11,773
Total Current Assets 25,745 11,773
Property, plant and equipment, net of accumulated depreciation of $1,019 and $1,019, respectively 0 0
Right to use ground lease, net of accumulated amortization of $8,000 28,000 0
Total Assets 53,745 11,773
Current Liabilities    
Accounts payable 1,149,467 2,268,507
Accrued liabilities 6,071,160 4,224,073
Customer deposit – related party 100,000 100,000
Notes payable – related parties 86,600 50,000
Notes payable, net of unamortized discounts 903,025 413,185
Convertible debt, net of unamortized discounts – related party 4,520,404 4,551,227
Total Current Liabilities 12,830,656 11,606,992
Long-Term Liabilities    
Convertible debt, net of unamortized discounts – related party 1,872,788 1,493,558
Total Liabilities 14,703,444 13,100,550
Stockholders’ Deficit    
Common stock, $0.00001 par value 500,000,000 shares authorized, 174,427,854 and 148,972,419 shares issued and outstanding, respectively 1,745 1,489
Additional paid-in capital 259,320,220 255,321,698
Accumulated deficit (273,971,664) (268,411,964)
Total Stockholders’ Deficit (14,649,699) (13,088,777)
Total Liabilities and Stockholders’ Deficit $ 53,745 $ 11,773