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