v3.3.0.814
Consolidated Balance Sheets - USD ($)
Sep. 30, 2015
Dec. 31, 2014
Current Assets    
Cash and cash equivalents $ 60 $ 3,829
Accounts receivable, net 6,690 24,538
Prepaid expenses and other current assets 215,808 560,631
Inventory 215,162 219,416
Total Current Assets 437,720 808,414
Other Assets    
Intangible assets, net 487,765 589,044
Fixed assets, net 24,167 2,724
Other receivable 3,540 1,192
Notes receivable 25,979 25,979
Total Other Assets 541,451 618,939
Total Assets 979,171 1,427,353
Current Liabilities:    
Accounts payable and accrued liabilities 1,282,669 1,290,802
Related party payable 169,938 163,666
Notes payable, net of discount 354,810 327,681
Convertible notes, net of discount 931,939 756,982
Related party convertible notes, net of discount 450,000 150,000
Contingent liabilities 74,000 101,000
Derivative liability [1] 886,723 3,212,200
Total Current Liabilities $ 4,150,079 $ 6,002,331
Long term notes payable, net of discount
Redeemable preferred stock series C, $0.001 par value 999 shares authorized 999 shares issued and outstanding
Total Liabilities $ 4,150,079 $ 6,002,331
Stockholders' Deficit:    
Common stock, $0.001 par value 10,000 ,000,000 shares authorized? 7,320,754,217 and 2,948,694,586 shares issued and outstanding, respectively 7,320,754 2,948,696
Additional paid in capital 15,874,782 19,199,481
Stock to be issued 118,564 120,438
Stock subscriptions payable 181,074 181,074
Accumulated deficit (26,645,556) (27,026,191)
Total Bitzio, Inc. stockholders' deficit (3,147,339) (4,573,459)
Non-controlling interest (23,569) (1,519)
Total stockholders' deficit (3,170,908) (4,574,978)
Total Liabilities and Stockholders' Deficit 979,171 1,427,353
Series A Preferred Stock [Member]    
Stockholders' Deficit:    
Preferred stock 2,043 2,043
Series B Preferred Stock [Member]    
Stockholders' Deficit:    
Preferred stock $ 1,000 $ 1,000
Series D Preferred Stock [Member]    
Stockholders' Deficit:    
Preferred stock
[1] The derivative is calculated using the Black Scholes Pricing Model