Balance Sheet

v3.7.0.1
CONSOLIDATED BALANCE SHEETS - USD ($)
Jun. 30, 2017
Dec. 31, 2016
Current Assets    
Cash $ 1,218,241 $ 57,033
Inventory 14,731  
Prepaid Expenses 197,629 100,954
Total Current assets 1,430,601 157,987
Intangible assets, net 6,402,456 5,923,543
Total Assets 7,833,057 6,081,530
Current Liabilities    
Accounts payable and accrued expenses 2,110,533 2,038,273
Accounts payable and accrued expenses - related party 478,544 709,725
Accrued Interest 54,098 52,888
Accrued Interest - Related Party 1,576,402 1,241,911
Advances - related party 225,000 110,000
Wages Payable 13,077,733 10,696,311
Deferred Revenue 15,095 19,988
Notes payable 52,732 89,221
Current Portion of Long Term Debt 400,000 400,000
Convertible Notes, Short Term - Related Party 284,172 284,172
Short term portion of convertible notes, long term - related party 3,712,638  
Total Current Liabilities 21,986,947 15,642,489
Noncurrent Liabilities    
Contingent Liability 37,500 37,500
Notes payable, noncurrent 566,658 800,000
Convertible notes payable, long term - related party   3,712,638
Total Liabilities 22,591,105 20,192,627
Stockholders' Deficit    
Preferred Stock, Par Value $0.001, 5,000,000 shares authorized; 3,783,818 and 3,671,316 issued and outstanding as June 30, 2017 and December 31, 2016, respectively 3,784 3,671
Common Stock, Par Value $0.001, 100,000,000 shares authorized; 32,060,577 and 13,325,681 issued and outstanding as of June 30, 2017 and December 31, 2016, respectively 32,061 13,326
Additional Paid-In Capital 25,729,705 20,287,638
Accumulated Deficit (40,578,598) (34,550,732)
Subscription Payable 55,000 135,000
Total Stockholders' Deficit (14,758,048) (14,111,097)
Total Liabilities and Stockholders' Deficit $ 7,833,057 $ 6,081,530

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