Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED BALANCE SHEETS

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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
Mar. 31, 2018
Dec. 31, 2017
Current assets:    
Cash $ 1,807 $ 11,342
Accounts receivable, net 23,700 29,950
Prepaid expenses 6,228 13,210
Total current assets 31,735 54,502
Property and equipment, net 17,529 19,012
Other assets:    
Intellectual property, net 250,000 251,963
Deposits, long term 13,422 13,422
Total other assets 263,422 265,385
Total assets 312,686 338,899
Current liabilities:    
Accounts payable and accrued expenses, including related party payables of $37,118 and $62,241, respectively 1,295,919 1,199,536
Deferred revenue, short term 237,347 237,347
Settlement payable 15,000
Notes payable, net of debt discount, short term portion 233,517
Notes payable, net of debt discount, related party 186,590 186,590
Total current liabilities 1,953,373 1,638,473
Long term debt:    
Deferred revenue, long term 342,822 401,346
Convertible notes payable, long term, net of debt discount 2,382,878 2,016,041
Warrant liability 175,975
Total long term debt 2,725,700 2,593,362
Total liabilities 4,679,073 4,231,835
Stockholders' deficit:    
Preferred stock value 16,000 16,000
Common stock, $0.001 par value; 525,000,000 shares authorized, 247,111,285 and 244,086,285 shares issued and outstanding as of March 31, 2018 and December 31, 2017, respectively 247,111 244,086
Common stock subscribed 100,000 100,000
Additional paid in capital 44,931,191 44,581,896
Accumulated deficit (49,666,305) (48,840,534)
Total stockholders' deficit (4,366,387) (3,892,936)
Total liabilities and stockholders' deficit 312,686 338,899
Series B Preferred Stock [Member]    
Stockholders' deficit:    
Preferred stock value $ 5,616 $ 5,616