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 $ 249,831 $ 147,486
Accounts receivable, net 4,862 9,124
Inventory 163,720 83,475
Total current assets 418,413 240,085
Property and equipment, net 13,568
Other assets:    
Investments 695,477
Security deposit 2,500
Total assets 1,129,958 240,085
Current liabilities:    
Accounts payable 306,561 324,889
Accrued compensation 32,710
Accrued interest 40,155 4,800
Debt obligation of Joint venture 1,500,000
Notes payable, related party 542,573 7,487
Convertible notes payable, net of debt discount of $924,340 394,555
Warrant liability 5,859,635
Derivative liability 1,934,097
Total current liabilities 10,577,576 369,886
Long term debt:    
Convertible notes payable, net of debt discount of $308,280 172,856
Derivative liability 697,278
Total long term debt 870,134
Total liabilities 11,447,710 369,886
Stockholders' deficit:    
Preferred stock, $0.001 par value, 50,000,000 shares authorized; Class A preferred stock, $0.001 par value, 10,000,000 shares designated, 10,000,000 shares issued and outstanding as of December 31, 2017 and 2016 10,000 10,000
Common stock, $0.001 par value; 5,000,000,000 shares authorized; 2,103,464,006 and 1,620,996,998 shares issued and outstanding as of December 31, 2017 and 2016, respectively 2,103,464 1,620,996
Additional paid in capital 30,456,888 7,685,387
Accumulated deficit (42,888,104) (9,446,184)
Total stockholders' deficit (10,317,752) (129,801)
Total liabilities and stockholders' deficit 1,129,958 240,085
Class A Preferred Stock [Member]    
Stockholders' deficit:    
Preferred stock, $0.001 par value, 50,000,000 shares authorized; Class A preferred stock, $0.001 par value, 10,000,000 shares designated, 10,000,000 shares issued and outstanding as of December 31, 2017 and 2016 10,000 10,000
Total stockholders' deficit 10,000 10,000
Total liabilities and stockholders' deficit $ 10,000 $ 10,000