v3.19.1
CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
Mar. 31, 2019
Dec. 31, 2018
Current assets    
Cash $ 24,861 $ 118,307
Accounts receivable-net 17,320 64,345
Inventory-net 3,079 3,079
Prepaid and other 33,897 46,596
Total current assets 79,157 232,327
Property and equipment, net of accumulated depreciation of $515,550 and $459,215, respectively 362,184 381,301
Land 603,000 603,000
Intangible assets, net 0 0
Goodwill 2,092,048 2,092,048
Deposits 19,600 24,600
Right of use - assets 405,417 0
Other assets 10,288 7,790
Total assets 3,571,694 3,341,066
Current liabilities    
Accounts payable and accrued expense 1,046,456 1,094,521
Accrued expenses - related parties 847,665 747,000
Interest payable 524,627 366,297
Right of use - liability 405,417 0
Due to officers and shareholders 298,048 137,816
Deferred Income 1,103,367 1,036,039
Line of credit 1,999 1,999
Common stock to be issued 500 500
Notes payable, unrelated party 477,568 676,477
Notes payable - related party 357,095 265,242
Convertible notes payable, net of debt discounts of $272,539 and $201,024, respectively 808,318 785,776
Convertible notes payable - related party 165,000 165,000
Derivative Liability 6,475,205 1,870,625
Total current liabilities 12,511,265 7,147,292
Other Liabilities    
Convertible notes payable, net of current portion and net of debt discounts of $933,607 and $0, respectively 83,009 1,040,000
Total liabilities 12,594,274 8,187,292
Shareholders' (deficit)    
Preferred Stock all classes 0 0
Preferred stock Series I Shares to be issued 0 200,000
Common stock; 7,500,000,000 shares authorized with $0.001 par value; 7,351,427,122 and 602,826 shares issued and outstanding at March 31, 2019 and December 31, 2018, respectively (reflects post reverse stock split of 1500:1) 7,351,428 603
Additional paid-in capital 43,514,734 50,220,067
Accumulated deficit (60,250,449) (55,378,603)
Total shareholders' (deficit) (9,022,580) (4,846,226)
Total liabilities and shareholders' (deficit) 3,571,694 3,341,066
Preferred Stock Series B [Member]    
Shareholders' (deficit)    
Preferred Stock all classes 2,773 2,773
Preferred Stock Series C [Member]    
Shareholders' (deficit)    
Preferred Stock all classes
Series D Preferred Stock [Member]    
Shareholders' (deficit)    
Preferred Stock all classes 400 400
Series E Preferred Stock [Member]    
Shareholders' (deficit)    
Preferred Stock all classes 241 241
Series F Preferred Stock [Member]    
Shareholders' (deficit)    
Preferred Stock all classes 280 280
Series F-1 Preferred Stock [Member]    
Shareholders' (deficit)    
Preferred Stock all classes 57 57
Series G Preferred Stock [Member]    
Shareholders' (deficit)    
Preferred Stock all classes
Series H Preferred Stock [Member]    
Shareholders' (deficit)    
Preferred Stock all classes
Series H-1 Preferred Stock [Member]    
Shareholders' (deficit)    
Preferred Stock all classes
Series I Preferred Stock [Member]    
Shareholders' (deficit)    
Preferred Stock all classes 250,000
Series J Preferred Stock [Member]    
Shareholders' (deficit)    
Preferred Stock all classes
Series J1 Preferred Stock [Member]    
Shareholders' (deficit)    
Preferred Stock all classes
Series K Preferred Stock [Member]    
Shareholders' (deficit)    
Preferred Stock all classes 8,200 8,200
Series K1 Preferred Stock [Member]    
Shareholders' (deficit)    
Preferred Stock all classes 1,447 1,447
Series L Preferred Stock [Member]    
Shareholders' (deficit)    
Preferred Stock all classes $ 98,308 $ 98,308

Source