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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
Mar. 31, 2020
Dec. 31, 2019
Current assets:    
Cash $ 52,097 $ 108,756
Receivable from Allied Esports Entertainment, Inc. 0 505
Prepaid expenses 38,604 47,151
Total current assets 90,701 156,412
Property and equipment:    
Property and equipment 134,202 134,202
Less accumulated depreciation (128,074) (127,803)
Total property and equipment, net 6,128 6,399
Investment in Allied Esports Entertainment, Inc. 4,216,235 6,982,300
Total assets 4,313,064 7,145,111
Current liabilities:    
Accounts payable 81,368 35,727
Accrued expenses 35,040 14,220
Deferred compensation 843,247 1,396,460
Notes payable, net of $251,205 of debt discounts at March 31, 2020 13,795 0
Total current liabilities 973,450 1,446,407
Long term liabilities
Total liabilities 973,450 1,446,407
Commitments and contingencies
Stockholders' equity:    
Preferred stock, $0.001 par value, 20,000,000 shares authorized, no shares issued and outstanding 0 0
Common stock, $0.001 par value, 500,000,000 shares authorized, 1,600,424 shares issued and outstanding 1,600 1,600
Additional paid-in capital 37,340,992 37,054,503
Accumulated deficit (34,002,978) (31,357,399)
Total stockholders' equity 3,339,614 5,698,704
Total liabilities and stockholders' equity $ 4,313,064 $ 7,145,111