v3.7.0.1
Consolidated Balance Sheets(Unaudited) - USD ($)
Mar. 31, 2017
Dec. 31, 2016
Current assets:    
Cash $ 5,877 $ 20,112
Other current assets 32,788 24,796
Total current assets 38,665 44,908
Fixed assets    
Georgetown 14 property 5,285,272 5,258,276
Building and land held for sale 1,140,000 1,140,000
Accumulated depreciation (2,006,407) (1,930,612)
Total fixed assets 4,418,865 4,467,664
Other assets    
Deposits 55,370 39,886
Total assets 4,512,900 4,552,458
Current liabilities    
Accounts payable 153,902 101,407
Accrued expenses and other accrued liabilities 120,948 175,343
Accrued interest 505,263 470,640
Short term notes payable 115,000 55,000
Notes payable - related party 1,234,022 1,159,390
Current portion of long term debt 61,087 55,688
Total current Liabilities 2,190,222 2,017,468
Long term liabilities    
Digital equipment note payable, less current portion 0 239,525
Mortgage note payable, less current portion 4,543,136 4,320,238
Long term notes payable 25,000 25,000
Long term notes payable - related party 42,310 66,942
Total long term liabilities 4,610,446 4,651,705
Total liabilities 6,800,668 6,669,173
Stockholders:    
Preferred stock, authorized 10,000,000 shares of $.001 par value, Preferred A, issued and outstanding is 10,000 10 10
Preferred B, issued and outstanding is 300,600 300 300
Common stock, authorized 200,000,000 shares of $.001 par value, issued and outstanding shares of 191,954,084 and 191,954,084 shares, respectively 191,954 191,954
Additional paid-in-capital 9,405,207 9,405,207
Accumulated deficit (11,885,238) (11,714,186)
Total stockholders' deficit (2,287,767) (2,116,715)
Total liabilities and stockholders' deficit $ 4,512,900 $ 4,552,458