Annual report pursuant to Section 13 and 15(d)

Consolidated Balance Sheets

v3.8.0.1
Consolidated Balance Sheets - USD ($)
Dec. 31, 2017
Dec. 31, 2016
Current Assets:    
Cash $ 7,355 $ 18,057
Prepaid Expenses 29,325 36,273
Total Current Assets 36,680 54,330
Property and Equipment, net 4,722 8,653
Investment at Fair Value - Related Party 80,000 892,250
Total Assets 121,402 955,233
Current Liabilities:    
Accounts Payable - Related Party 371,659 251,659
Accounts Payable and Accrued Expenses 247,100 95,305
Convertible Note Payable - net of discount of $0 and $125,000, respectively 525,000 400,000
Convertible Notes Payable - Related Party - net of discount of $0 and $83,571, respectively 120,000 36,429
Notes Payable - Related Party 69,500 45,000
Short-Term Advances - Related Party 312,789 659
Total Current Liabilities 1,646,048 829,052
Commitments and Contingencies (see Note 6)
Stockholder's Equity (Deficit):    
Preferred Stock, $.0001 par value: Authorized 50,000,000 shares, none issued and outstanding as of December 31, 2017 and December 31, 2016
Common Stock, $.0001 par value: Authorized 500,000,000 shares, 21,620,000 Issued and outstanding as of December 31 , 2017 and December 31, 2016 2,162 2,162
Additional Paid in Capital 741,271 741,271
Accumulated Deficit (2,347,579) (1,509,002)
Accumulated Other Comprehensive Income 79,500 891,750
Total Stockholder's Equity (Deficit) (1,524,646) 126,181
Total Liabilities and Stockholder's Equity (Deficit) $ 121,402 $ 955,233