Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v3.10.0.1
Condensed Consolidated Balance Sheets - USD ($)
Jun. 30, 2018
Dec. 31, 2017
Current assets:    
Cash and cash equivalents $ 455,989 $ 257,424
Accounts receivable, net 98,186 117,339
Prepaid and other assets 25,058 71,250
Current assets - discontinued operations 0 199,221
Total current assets 579,233 645,234
Intangible assets, net 0 472,250
Goodwill 0 1,522,605
Long-term assets - discontinued operations 0 7,115,239
TOTAL ASSETS 579,233 9,755,328
Current liabilities:    
Accounts payable and accrued liabilities 1,010,705 914,204
Notes payable - related party 300,000 0
Notes payable 754,375 300,000
Current liabilities - discontinued operations 413,766 382,702
Total current liabilities 2,478,846 1,596,906
Long-term liabilities - discontinued operations 0 23,943
TOTAL LIABILITIES 2,478,846 1,620,849
Commitments and contingencies
Stockholders' (deficit) equity:    
Preferred stock, $.001 par value; 5,000,000 shares authorized at June 30, 2018 and December 31, 2017; no shares issued and outstanding 0 0
Common stock, $.001 par value; 45,000,000 shares authorized at June 30, 2018 and December 31, 2017; 14,862,974 and 12,662,974 shares issued and outstanding, respectively 14,863 12,663
Additional paid-in capital 27,242,458 24,646,229
Accumulated deficit (29,156,934) (16,524,413)
TOTAL STOCKHOLDERS’ (DEFICIT) EQUITY (1,899,613) 8,134,479
TOTAL LIABILITIES AND STOCKHOLDERS’ (DEFICIT) EQUITY $ 579,233 $ 9,755,328