Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statement of Operations (Unaudited)

v3.7.0.1
Condensed Consolidated Statement of Operations (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Income Statement [Abstract]        
Operating expenses $ 2,177,789 $ 2,065,241 $ 2,735,301 $ 3,467,361
Loss from operations (2,177,789) (2,065,241) (2,735,301) (3,467,361)
Other income (expense)        
Change in fair value of derivative liability 3,035,470 1,574,082 (2,400,778) 2,598,684
Gain (loss) on extinguishment of debt 2,326,289 (526,156) 2,233,656 (393,118)
Interest expense, net (1,325,981) (436,222) (3,004,564) (1,095,205)
Other income (expense) 4,035,778 611,704 (3,171,686) 1,110,361
Income (loss) before income taxes 1,857,989 (1,453,537) (5,906,987) (2,357,000)
Provision for income taxes
Net income (loss) $ 1,857,989 $ (1,453,537) $ (5,906,987) $ (2,357,000)
Basic net income (loss) per share $ 0.01 $ (0.01) $ (0.03) $ (0.02)
Basic weighted average common shares outstanding 234,997,177 111,155,833 198,404,131 108,861,547
Diluted income (loss) per share $ 0.01 $ (0.01) $ (0.03) $ (0.02)
Diluted weighted average common shares outstanding 330,801,266 111,755,833 198,404,131 108,861,547