Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statement of Changes in Stockholders' Deficit (Unaudited)

v3.20.1
Condensed Consolidated Statement of Changes in Stockholders' Deficit (Unaudited) - USD ($)
Preferred Stock [Member]
Common Stock [Member]
Additional Paid-in Capital [Member]
Common Stock Subscribed [Member]
Stock Subscription Receivable [Member]
Accumulated Deficit [Member]
Non-controlling Interest [Member]
Total
Beginning balance at Dec. 31, 2018 $ 61,700 $ 22,531,000 $ 25,000 $ (25,000) $ (24,405,500) $ (2,425,500) $ (4,238,300)
Beginning balance, shares at Dec. 31, 2018 61,703,600            
Issuance of common stock upon debt penalty $ 200 18,800 19,000
Issuance of common stock upon debt penalty, shares 200,000            
Stock-based compensation 600 600
Adoption of ASU 2016-02, Leases (Topic 842) (20,800) (20,800)
Investment in subsidiary 550,000 550,000
Net loss (550,600) (28,300) (578,900)
Ending balance at Mar. 31, 2019 $ 61,900 22,550,400 25,000 (25,000) (24,976,900) (1,903,800) (4,268,400)
Ending balance, shares at Mar. 31, 2019 61,903,600            
Beginning balance at Dec. 31, 2019 $ 62,600 22,651,100 25,000 (25,000) (26,964,300) (2,026,700) (6,277,300) [1]
Beginning balance, shares at Dec. 31, 2019 62,591,100            
Issuance of common stock upon debt penalty $ 300 32,800 33,100
Issuance of common stock upon debt penalty, shares 352,500            
Stock-based compensation 8,300 8,300
Allocated value of common stock and warrants related to debt 5,500 5,500
Net loss (626,100) (27,300) (653,400)
Ending balance at Mar. 31, 2020 $ 62,900 $ 22,697,700 $ 25,000 $ (25,000) $ (27,590,400) $ (2,054,000) $ (6,883,800)
Ending balance, shares at Mar. 31, 2020 62,943,600            
[1] These numbers were derived from the audited financial statements for the year ended December 31, 2019.