v3.21.2
Consolidated Balance Sheets (Unaudited) - USD ($)
Jun. 30, 2021
Dec. 31, 2020
Current Assets:    
Cash and cash equivalents $ 149,157 $ 11,784
Accounts receivable 18,484 3,108
Inventory 181,916 177,172
Prepaid expenses 11,005 12,920
Total Current Assets 360,562 204,984
Fixed assets, net 56,019 88,228
ROU Asset 13,606 52,671
Other Asset 30,000
Security deposit 246,310 241,250
TOTAL ASSETS 706,497 587,133
Current Liabilities:    
Accounts payable and accrued liabilities 3,529,615 3,187,592
Due to stockholders 384,649 383,753
Related Party Notes payable, net of discounts 31,000 31,000
Notes payables, net of discounts 35,000
Convertible notes payable, net of discounts 1,135,893 1,268,647
Derivative liabilities 6,062,003 23,798,240
General default reserve 1,732,106 2,278,648
Lease liability 13,606 52,671
Bank loans 249,937 249,937
Merchant cash advances, net of discounts 408,368 409,892
Total Current Liabilities 13,547,176 31,695,379
Lease Liability  
SBA and PPP Loans 852,383 620,182
Total Long - Term Liabilities 852,383 620,182
Total Liabilities 14,399,559 32,315,561
Commitments and Contingencies
Stockholders’ Deficit:    
Common stock: 8,000,000,000 authorized, $0.00001 par value; 7,883,169,938 and 1,980,903,450 shares issued and outstanding at June 30, 2021 and December 31, 2020, respectively 78,832 11,768
Additional paid-in capital 29,728,821 9,282,228
Minority interest (674,347) (634,297)
Accumulated other comprehensive income (1,533) (1,493)
Accumulated deficit (46,139,161) (44,475,900)
Total Stockholders’ Deficit (15,969,918) (34,780,224)
TOTAL LIABILITIES AND STOCKHOLDERS’ DEFICIT 706,497 587,133
Series B Preferred Stock [Member]    
Current Liabilities:    
Total Preferred Stock 106,000 170,400
Series D-1 Preferred Stock [Member]    
Current Liabilities:    
Total Preferred Stock
Series D-2 Preferred Stock [Member]    
Current Liabilities:    
Total Preferred Stock 1,896,622 2,607,162
Series D-3 Preferred Stock [Member]    
Current Liabilities:    
Total Preferred Stock 274,234 274,234
Series A Preferred Stock [Member]    
Stockholders’ Deficit:    
Preferred stock, value 93 93
Series C Preferred Stock [Member]    
Stockholders’ Deficit:    
Preferred stock, value 1 1
Series D-5 Preferred Stock [Member]    
Stockholders’ Deficit:    
Preferred stock, value 513,976 513,976
Series D-6 Preferred Stock [Member]    
Stockholders’ Deficit:    
Preferred stock, value $ 523,400 $ 523,400