Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v3.19.1
Condensed Consolidated Balance Sheets - USD ($)
Mar. 31, 2019
Dec. 31, 2018
Current Assets:    
Cash $ 9,991 $ 27,223
Accounts Receivable 1,667
Prepaid Expenses 29,325 29,325
Total Current Assets 39,316 58,215
Fixed Assets, Net 2,453 2,522
Other Assets:    
Equity in joint venture 21,134
Due From Related Parties 15,000 31,291
Investment at Fair Value - Related Party 235,000 220,000
Trademarks 2,836 2,836
Total Assets 315,739 314,864
Current Liabilities:    
Accounts Payable and Accrued Expenses 519,051 433,425
Accounts Payable - Related Party 521,659 491,659
Short-Term Advances - Related Party 813,239 693,639
Convertible Notes Payable 525,000 525,000
Convertible Notes Payable - Related Party 120,000 120,000
Notes Payable - Related Party 66,850 64,250
Notes Payable 112,167 100,000
Total Liabilities 2,677,966 2,427,973
Commitments and Contingencies (see Note 6)
Stockholder's Deficit    
Preferred Stock,$.0001 par value: Authorized 50,000,000 shares none issued and outstanding as of March 31, 2019 and December 31, 2018
Common Stock, $.0001 par value: Authorized 500,000,000 shares, 21,620,000 Issued and outstanding as of March 31, 2019 and December 31, 2018 2,162 2,162
Additional Paid in Capital 741,271 741,271
Accumulated Deficit (3,063,015) (2,815,370)
Stockholder's Deficit (2,319,582) (2,071,937)
Non-controlling interest (42,645) (41,172)
Total Stockholder's deficit (2,362,227) (2,113,109)
Total Liabilities and Stockholder's Deficit $ 315,739 $ 314,864