Annual report pursuant to Section 13 and 15(d)

Consolidated Statements Of Operations

v3.8.0.1
Consolidated Statements Of Operations - USD ($)
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
REVENUES:    
Sales $ 26,830 $ 8,729
Cost of sales 14,294 2,815
Gross Profit 12,536 5,914
OPERATING EXPENSES:    
Selling, general and administrative expenses 21,272,758 4,744,382
Impairment of joint venture 2,292,500
Depreciation 2,576
Total operating expenses 23,567,834 4,744,382
Net loss from operations (23,555,298) (4,738,468)
OTHER INCOME (EXPENSES):    
Interest expense, net (5,842,802) (530,411)
Loss on equity investment (61,298)
(Loss) gain on change in fair value of derivative liabilities (4,329,743) 14,208
Gain (loss) on settlement of debt 347,221 (147,785)
Total other income (expense) (9,886,622) (663,988)
Net loss before income taxes (33,441,920) (5,402,456)
Income taxes (benefit)
NET LOSS $ (33,441,920) $ (5,402,456)
Loss per common share, basic and diluted $ (0.017) $ (0.004)
Weighted average number of common shares outstanding, basic and diluted 1,929,424,081 1,286,547,260