Quarterly report pursuant to Section 13 or 15(d)

Subsequent Events

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Subsequent Events
9 Months Ended
Sep. 30, 2018
Subsequent Events [Abstract]  
Subsequent Events

Note 10 – Subsequent Events

 

Subsequent to September 30, 2018, an aggregate of 9,236,938 shares of restricted common stock were issued on the conversion of $188,750 of principal and $23,106 of accrued interest pursuant to three Variable Notes.

 

Subsequent to September 30, 2018, 575,800 shares of restricted common stock were issued on the conversion of $15,000 of principal and $5,153 of accrued interest pursuant to one Fixed Rate Note and issued 3-year warrants for an exercise of up to 575,800 shares of common stock with exercise prices ranging from $0.069 to $1.00.

 

Subsequent to September 30, 2018, the Company received $85,000 of cash from the issuance of 85 shares of Preferred C Stock and issued two-year warrants for the exercise up to 381,803 shares of common stock with an exercise prices ranging from $0.0380 to $0.0470.

 

Subsequent to September 30, 2018, 1,000,000 shares of restricted common stock were issued related to services rendered.

 

Subsequent to September 30, 2018, 2,941,176 shares of restricted common stock were issued on the conversion of 750 shares of Preferred B Stock at a conversion rate of $0.0255 per common share.

 

As a result of these issuances, the total number of common shares outstanding is 395,129,771. Preferred B shares outstanding is 600 and Preferred C shares outstanding is 1,403.