Annual report pursuant to Section 13 and 15(d)

Statements of Operations

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Statements of Operations - USD ($)
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Operating Expenses:    
General and administrative $ 2,690,062 $ 2,004,082
Consulting services 88,349 21,326
Gain on sale of assets (18,300) 0
Gain on settlement of accounts payable (322,133) (529,132)
Research and development 307,151 2,197,437
Loss from Operations (2,745,129) (3,693,713)
Other Income (Expenses):    
Gain on change in fair value of derivative liabilities 0 4,620,866
Loss on extinguishment of debt 0 (27,430)
Interest expense (2,814,571) (2,487,226)
Debt default, standstill, settlement and transfer expenses 0 (226,249)
Total Other Income (Expenses) (2,814,571) 1,879,961
Net (loss) $ (5,559,700) $ (1,813,752)
Net (loss) per share - basic (in Dollars per share) $ (0.04) $ (0.01)
Weighted average common shares outstanding - basic (in Shares) 156,878,353 130,511,894
Net (loss) per share – diluted (in Dollars per share) $ (0.04) $ (0.02)
Weighted average common shares outstanding – diluted (in Shares) 156,878,353 235,437,542