Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENT OF STOCKHOLDERS' DEFICIT

v3.5.0.2
CONDENSED CONSOLIDATED STATEMENT OF STOCKHOLDERS' DEFICIT - 6 months ended Jun. 30, 2016 - USD ($)
Preferred Stock
Common Stock
Common Stock, Subscribed
Additional Paid-In Capital
Accumulated Deficit
Total
Beginning balance, Amount at Dec. 31, 2015 $ 16,000 $ 164,145 $ 100,000 $ 9,667,934 $ (13,230,883) $ (3,282,804)
Beginning balance, Shares at Dec. 31, 2015 80,000 164,144,501        
Common stock issued for services rendered, Amount $ 1,250 23,750 25,000
Common stock issued for services rendered, Shares 1,250,000        
Reclassify fair value of debt derivative at payoff of note payable 262,271 262,271
Change in fair value of modifications of options 53,858 53,858
Fair value of vested options 26,178 26,178
Net loss (1,602,348) (1,602,348)
Ending balance, Amount at Jun. 30, 2016 $ 16,000 $ 165,395 $ 100,000 $ 10,033,991 $ (14,833,231) $ (4,517,845)
Ending balance, Shares at Jun. 30, 2016 80,000 165,394,501