Quarterly report pursuant to Section 13 or 15(d)

Subsequent Events

v3.10.0.1
Subsequent Events
6 Months Ended
Jun. 30, 2018
Subsequent Events [Abstract]  
Subsequent Events

Note 10 – Subsequent Events

 

Subsequent to June 30, 2018, an aggregate of 9,849,828 shares of restricted common stock were issued on the conversion of $175,000 of principal and $19,922 of accrued interest pursuant to one Variable Note.

 

Subsequent to June 30, 2018, the Company received $175,000 of funding in connection with a $189,000 convertible note due on July 3, 2019 bearing interest at a rate of 10%.

 

Subsequent to June 30, 2018, the Company received $144,000 of funding in connection with a $157,500 convertible note due on August 3, 2019 bearing interest at a rate of 10%.

 

Subsequent to June 30, 2018, the Company received $130,000 of cash from the issuance of 130 shares of Preferred C Stock and issued two-year warrants for the exercise up to 756,068 shares of common stock with an exercise prices ranging from $0.0299 to $0.035.

 

As a result of these issuances, the total number of common shares outstanding is 366,170,845, Preferred B shares outstanding is 1,350 and Preferred C shares outstanding is 1,168.