v3.19.3
Consolidated Balance Sheets - USD ($)
Sep. 30, 2019
Dec. 31, 2018
CURRENT ASSETS    
Cash & cash equivalents $ 19,368 $ 91,643
Accounts receivable 86,710 25,400
Inventory 18,210 6,499
Deferred costs 7,889
Prepaid expenses 149,250 7,608
Total current assets 281,427 131,150
OTHER ASSETS    
Deferred offering costs 64,236 64,236
Pre-production costs 148,000
Total other assets 212,236 64,236
Total Assets 493,663 195,386
CURRENT LIABILITIES    
Accounts payable - related parties 249,839 255,250
Accounts payable 38,288 16,142
Deferred revenue 46,958
Accrued interest, convertible notes payable 106,503 28,964
Convertible notes payable (net of unamortized debt discounts of $143,545 and $124,563 and unamortized debt premium of $1,480,003 and $504,386 respectively) 3,939,153 1,355,823
Total current liabilities 4,380,741 1,656,179
Total Liabilities 4,380,741 1,656,179
STOCKHOLDERS' EQUITY (DEFICIT)    
Preferred stock, par value $.01 per share; 10,000,000 shares authorized, 240,000 issued and outstanding 2,400 2,400
Common stock, par value $.0001 per share; shares 2,000,000,000 authorized; 33,384,036 and 16,712,819 issued and outstanding as of September 30, 2019 and December 31, 2018, respectively 3,338 1,671
Additional paid-in capital (135,231) 567,738
Accumulated (deficit) (3,757,585) (2,032,602)
Total stockholders' equity (deficit) (3,887,078) (1,460,793)
Total Liabilities and Stockholders' Equity (Deficit) $ 493,663 $ 195,386