Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Changes In Shareholders' Deficit (Unaudited)

v3.20.2
Condensed Consolidated Statements of Changes In Shareholders' Deficit (Unaudited) - USD ($)
Common Stock
Additional Paid-in Capital
Accumulated Deficit
Total
Balance at Dec. 31, 2018 $ 80,459 $ 31,863,693 $ (32,759,275) $ (815,123)
Balance, shares at Dec. 31, 2018 80,459,006      
Common shares issued for services and prepaid services $ 685 113,775 114,460
Common shares issued for services and prepaid services, shares 685,060      
Stock option exercise compensation 7,500 7,500
Accretion of stock-based compensation   909,375   909,375
Accretion of stock option expense 586,934 586,934
Net loss (2,360,423) (2,360,423)
Balance at Mar. 31, 2019 $ 81,144 33,481,277 (35,119,698) (1,557,277)
Balance, shares at Mar. 31, 2019 81,144,066      
Common shares issued for cash $ 2,000 298,000   300,000
Common shares issued for cash, shares 2,000,000      
Common shares issued for services and prepaid services $ 500 46,500   47,000
Common shares issued for services and prepaid services, shares 500,000      
Accretion of stock-based compensation   519,792   519,792
Accretion of stock option and warrant expense   589,029   589,029
Net loss     (1,661,278) (1,661,278)
Balance at Jun. 30, 2019 $ 83,644 34,934,598 (36,780,976) (1,762,734)
Balance, shares at Jun. 30, 2019 83,644,066      
Balance at Dec. 31, 2019 $ 116,750 37,266,328 (40,000,015) (2,616,937)
Balance, shares at Dec. 31, 2019 116,749,633      
Shares issued for conversion of accounts payable $ 151 5,907   6,058
Shares issued for conversion of accounts payable, shares 151,456      
Common shares issued for cash $ 7,000 273,000   280,000
Common shares issued for cash, shares 7,000,000      
Common shares issued for conversion of accrued interest $ 475 12,245   12,720
Common shares issued for conversion of accrued interest, shares 475,000      
Common shares issued for services $ 1,250 48,750   50,000
Common shares issued for services, shares 1,250,000      
Issuance of warrants in connection with convertible debt   8,676   8,676
Accretion of stock-based compensation   170,072   170,072
Accretion of stock option expense   191,308   191,308
Net loss     (1,508,288) (1,508,288)
Balance at Mar. 31, 2020 $ 125,626 37,976,286 (41,508,303) (3,406,391)
Balance, shares at Mar. 31, 2020 125,626,089      
Balance at Dec. 31, 2019 $ 116,750 37,266,328 (40,000,015) (2,616,937)
Balance, shares at Dec. 31, 2019 116,749,633      
Common shares issued for services       50,000
Balance at Jun. 30, 2020 $ 163,062 38,850,794 (43,100,163) (4,086,307)
Balance, shares at Jun. 30, 2020 163,061,830      
Balance at Mar. 31, 2020 $ 125,626 37,976,286 (41,508,303) (3,406,391)
Balance, shares at Mar. 31, 2020 125,626,089      
Shares issued for conversion of acrued compensation $ 203 16,047   16,250
Shares issued for conversion of acrued compensation, shares 203,125      
Common shares issued for cash $ 7,000 154,000   161,000
Common shares issued for cash, shares 7,000,000      
Common shares issued for conversion of debt, accrued interest and fees $ 12,800 78,565   91,365
Common shares issued for conversion of debt, accrued interest and fees, shares 12,800,000      
Extinguishment loss related to conversion of debt   123,455   123,455
Common shares issued for conversion of Series A preferred shares and dividends $ 9,983 152,809   162,792
Common shares issued for conversion of Series A preferred shares and dividends, shares 9,982,616      
Common shares issued for services $ 7,450 (7,450)  
Common shares issued for services, shares 7,450,000      
Issuance of warrants in connection with convertible debt   5,822   5,822
Recassification of put premium to equity upon conversion of Series A preferred   37,438   37,438
Accretion of stock-based compensation   117,515   117,515
Accretion of stock-based professional fees   5,000   5,000
Accretion of stock option expense   191,307   191,307
Net loss     (1,591,860) (1,591,860)
Balance at Jun. 30, 2020 $ 163,062 $ 38,850,794 $ (43,100,163) $ (4,086,307)
Balance, shares at Jun. 30, 2020 163,061,830