v3.19.1
CONSOLIDATED BALANCE SHEETS - USD ($)
Dec. 31, 2018
Dec. 31, 2017
Current Assets:    
Cash and cash equivalents $ 87,826 $ 84,720
Accounts receivable, allowance for doubtful accounts $18,383 and $63,799 respectively 6,112 12,950
Accounts receivable from related party 203,325 73,996
Employee advances 40,942
Prepaid assets 167,992 101,110
Inventory 91,510 5,959
Total current assets 597,707 278,735
Security deposit 11,056
Domain name 3,000 3,000
Intangible assets, net of accumulated amortization of $2,168 (2018) 1,010,840
Property and equipment, net of accumulated depreciation of $4,705 (2018) and $1,068 (2017) 43,450 1,583
Investment in undivided interest in real estate 1,226,963 1,224,903
Total assets 2,893,014 1,508,221
Current Liabilities:    
Accounts payable and accrued expenses 1,233,653 161,919
Accounts payable to related party 22,548 22,548
Notes payable - stockholder 95,800 65,000
Advances payable, stockholders 57,526 176,838
Current portion of convertible notes payable, net of discounts 151,166 74,140
Current portion of notes payable, net of deferred loan fees 29,270
Current portion of note payable - undivided interest in real estate 19,660 18,518
Customer deposits 56,698
Officer salaries payable 188,942 47,248
Income tax payable 23,998 33,682
Derivative liabilities 1,807,404 540,965
Deferred revenue 847,223
Total current liabilities 3,686,665 1,988,081
Long term portion of note payable- undivided interest in real estate 964,847 982,176
Long term portion of convertible note payable, net of discounts 12,587
Total liabilities 4,651,512 2,982,844
Commitments and contingencies
Stockholders' Deficit:    
Preferred stock, $0.0001 par value; 25,000,000 shares authorized; Series A preferred stock, par value $0.0001, 9,510,000 shares authorized and -0- shares issued and outstanding; Series B preferred stock, par value $0.0001, 900,000 shares authorized and issued and outstanding (2018) 90
Common stock, $0.0001 par value; 490,000,000 shares authorized; 120,425,344 and 61,539,334 shares issued and outstanding December 31, 2018, and December 31, 2017, respectively 12,042 6,153
Common stock to be issued, $0.0001 par value, 6,373,848 and 102,564 shares December 31, 2018, and December 31, 2017, respectively 637 10
Additional paid-in capital 4,836,557 331,227
Deferred stock compensation (235,694) (25,000)
Accumulated deficit (6,372,129) (1,787,012)
Total stockholders' deficit (1,758,498) (1,474,623)
Total liabilities and stockholders' deficit $ 2,893,014 $ 1,508,221

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