XML 11 R2.htm IDEA: XBRL DOCUMENT v3.3.1.900
CONSOLIDATED BALANCE SHEETS - USD ($)
Dec. 31, 2015
Dec. 31, 2014
ASSETS    
Cash and equivalents $ 198,049 $ 446,604
Accounts receivable 96,544
Inventory 191,874
Prepaid expenses and other current assets $ 60,709 $ 32,500
Deposit on pending acquisition 6,733,870
TOTAL CURRENT ASSETS $ 547,176 7,212,974
Other assets 59,916 9,601
Property and equipment, net 50,529 11,993
TOTAL ASSETS 657,621 7,234,568
CURRENT LIABILITIES    
Accounts payable and accrued expenses 196,420 $ 159,453
Accounts payable and accrued expenses - related party $ 140,513
Salaries payable $ 6,000
Deferred revenue $ 62,210
Notes payable 109,060
Notes payable - related party 283,831 $ 504,115
Loans payable 32,718
Loans payable - related party 48,532
Taxes payable 1,032,128 $ 1,091,377
TOTAL CURRENT LIABILITIES 1,905,412 1,760,945
TOTAL LIABILITIES $ 1,905,412 $ 1,760,945
Commitments and Contingencies
STOCKHOLDERS' DEFICIT:    
Preferred stock, $0.001 par value; 10,000,000 shares authorized; 0 shares issued and outstanding as of December 31, 2015 and December 31, 2014, respectively
Common stock, $0.001 par value; 300,000,000 shares authorized; 125,630,532 and 125,585,532 shares issued and outstanding as of December 31, 2015 and December 31, 2014, respectively $ 125,631 $ 125,586
Subscription receivable
Additional paid-in capital $ 133,473 $ (257,693)
Accumulated other comprehensive loss (1,105,678) (680,965)
Accumulated deficit (401,217) 6,286,695
TOTAL STOCKHOLDERS' DEFICIT (1,247,791) 5,473,623
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT $ 657,621 $ 7,234,568