XML 14 R2.htm IDEA: XBRL DOCUMENT v3.5.0.2
Balance Sheet (Unaudited) - USD ($)
Jun. 30, 2016
Dec. 31, 2015
Current Assets:    
Cash and cash equivalents $ 73,922 $ 50,798
Receivables and prepaid expenses 77,000 3,111
Total Current Assets 150,922 53,909
Equipment (net of $1,028 and $479 depreciation resepctively) 6,109 4,314
Patents (net of $33,430 and $3,772 amortization respectively) 585,380 615,038
TOTAL ASSETS 742,411 673,261
Current Liabilities:    
Current portion of note payable 324,142 305,178
Current portion of note payable - related party 835,394 835,394
Accounts payable 35,706 46,591
Accounts payable - related party 0 80,487
Accrued expenses 2,055 0
Interest payable 16,487 2,656
Total current liabilities 1,213,784 1,270,306
TOTAL LIABILITIES 1,213,784 1,270,306
Commitments and Contingencies  
SHAREHOLDERS' (Deficit)    
Preferred stock, Series A $0.10 par value per share; Authorized 850,000 Shares; Issued and outstanding -0- shares. 0 0
Preferred stock, Series B $0.10 par value per share; Authorized 500,000 Shares; Issued and outstanding 500,000 shares. 50,000 50,000
Common Stock, $0.001 per share; Authorized 500,000,000 Shares; Issued and outstanding 274,431,909 and 198,265,118 at June 30, 2016 and December 31, 2015 respectively 274,432 198,265
Capital paid in excess of par value 8,980,992 8,235,217
Accumulated comprehensive income 2,074 740
Accumulated (Deficit) (9,778,871) (9,081,267)
TOTAL SHAREHOLDERS' EQUITY (DEFICIT) (471,373) (597,045)
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY (DEFICIT) $ 742,411 $ 673,261