Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statement of Shareholders' Deficit (Unaudited)

v3.20.1
Condensed Consolidated Statement of Shareholders' Deficit (Unaudited) - USD ($)
Series AA Preferred Stock [Member]
Series B Convertible Preferred Stock [Member]
Series D Convertible Preferred Stock [Member]
Series C Convertible Preferred Stock [Member]
Common Stock [Member]
Additional Paid-in Capital [Member]
Subscription Receivable [Member]
Retained Earnings [Member]
Total
Balance at Dec. 31, 2018 $ 25 $ 1     $ 43 $ 24,229,945 $ (1,570) $ (35,620,282) $ (11,391,838)
Balance, shares at Dec. 31, 2018 25,000 600     431,063        
Common stock issued for cash [1]     27,559 27,559
Common stock issued for cash, shares [1]     2,000        
Common stock issued for services [1]     92,084 92,084
Common stock issued for services, shares [1]     4,132        
Valuation of warrants issued with Preferred Stock C     11,512 11,512
Shares issued for conversion of notes payable and accrued interest [1]     $ 8 2,002,174     2,002,182
Shares issued for conversion of notes payable and accrued interest, shares [1]     78,044        
Valuation of stock issued with notes [1]     26,545     26,545
Valuation of stock issued with notes, shares [1]     1,091        
Valuation of common stock issued for note extensions         8,333     8,333
Valuation of common stock issued for note extensions, shares         443        
Valuation of stock options issued for services     5,170 5,170
Net loss               (2,406,225) (2,406,225) [1]
Balance at Mar. 31, 2019 [1] $ 25 $ 1     $ 51 26,403,322 (1,570) (38,026,507) (11,624,678)
Balance, shares at Mar. 31, 2019 [1] 25,000 600     516,773        
Balance at Dec. 31, 2018 $ 25 $ 1     $ 43 24,229,945 (1,570) (35,620,282) (11,391,838)
Balance, shares at Dec. 31, 2018 25,000 600     431,063        
Balance at Dec. 31, 2019 $ 25 $ 1     $ 118 32,432,392 (1,570) (52,934,786) (20,503,820)
Balance, shares at Dec. 31, 2019 25,000 600 255   1,189,204        
Reclassification Preferred Series C $ 2,418,269 $ 2,418,269
Reclassification Preferred Series C, shares 1,814
Shares issued for Preferred Series D $ 50,000 $ 50,000
Shares issued for Preferred Series D, shares 50
Shares issued for conversion of notes payable and accrued interest         $ 439 $ 2,545,275     $ 2,545,714
Shares issued for conversion of notes payable and accrued interest, shares         4,388,291        
Shares issued for conversion of Preferred Series C to common share $ 164 $ (164)
Shares issued for conversion of Preferred Series C to common share, shares (936) 1,636,166
Valuation of stock options issued for services           $ 9,567     $ 9,567
Net loss               $ 4,338,418 4,338,418
Balance at Mar. 31, 2020 $ 25 $ 1     $ 721 $ 37,455,339 $ (1,570) $ (48,596,368) $ (11,141,852)
Balance, shares at Mar. 31, 2020 25,000 600 305 878 7,213,661        
[1] The condensed consolidated financial statements have been retroactively restated to reflect the 1,000-for-1-reverse stock split that occurred in December 20, 2019.