Quarterly report pursuant to Section 13 or 15(d)

Balance Sheets

v3.20.2
Balance Sheets - USD ($)
Jun. 30, 2020
Dec. 31, 2019
Current Assets    
Cash $ 866 $ 92,282
Prepaid Expenses 39,219 39,219
Total Current Assets 40,085 131,501
Right to use ground lease, net of accumulated amortization of $26,000 and $20,000, respectively 10,000 16,000
Total Assets 50,085 147,501
Current Liabilities    
Accounts payable 895,889 1,022,110
Accrued liabilities 8,418,269 7,671,748
Customer deposit – related party 100,000 100,000
Convertible debt, net of unamortized discounts – related party 7,871,511 6,593,459
Notes payable – related party 754,600 754,600
Convertible notes payable, net of unamortized discount 2,378,403 1,396,682
Notes payable 413,185 413,185
Total Current Liabilities 20,831,857 17,951,784
Long-Term Liabilities    
Convertible debt, net of unamortized discounts – related party 537,431 1,068,464
Total Liabilities 21,369,288 19,020,248
Stockholders’ Deficit:    
Common stock, $0.00001 par value; 500,000,000 shares authorized, 196,425,103 and 181,347,218 shares issued and outstanding, respectively 1,967 1,815
Additional paid-in capital 260,611,429 260,127,550
Accumulated deficit (281,932,599) (279,002,112)
Total Stockholders’ Deficit (21,319,203) (18,872,747)
Total Liabilities and Stockholders’ Deficit $ 50,085 $ 147,501