Quarterly report pursuant to Section 13 or 15(d)

Balance Sheets

v3.20.1
Balance Sheets - USD ($)
Mar. 31, 2020
Dec. 31, 2019
Current Assets    
Cash $ 3,020 $ 92,282
Prepaid Expenses 39,219 39,219
Total Current Assets 42,239 131,501
Right to use ground lease, net of accumulated amortization of $23,000 and $20,000, respectively 13,000 16,000
Total Assets 55,239 147,501
Current Liabilities    
Accounts payable 895,889 1,022,110
Accrued liabilities 8,018,652 7,671,748
Customer deposit – related party 100,000 100,000
Convertible debt, net of unamortized discounts – related party 7,301,496 6,593,459
Notes payable – related party 754,600 754,600
Convertible notes payable, net of unamortized discount 1,833,238 1,396,682
Notes payable 413,185 413,185
Total Current Liabilities 19,317,060 17,951,784
Long-Term Liabilities    
Convertible debt, net of unamortized discounts – related party 775,986 1,068,464
Total Liabilities 20,093,046 19,020,248
Stockholders’ Deficit:    
Common stock, $0.00001 par value; 500,000,000 shares authorized, 181,347,218 and 181,347,218 shares issued and outstanding, respectively 1,815 1,815
Additional paid-in capital 260,131,700 260,127,550
Accumulated deficit (280,171,322) (279,002,112)
Total Stockholders’ Deficit (20,037,807) (18,872,747)
Total Liabilities and Stockholders’ Deficit $ 55,239 $ 147,501