Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Operations (Unaudited)

v3.5.0.2
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Income Statement [Abstract]        
NET SALES
OPERATING EXPENSES:        
Professional fees 72,577 31,260 185,573 52,336
Stock based compensation 22,275 5,449 22,275
Selling, general, and administrative 9,571 12,903 12,273 20,573
Total Operating Expenses 82,148 66,438 203,295 95,184
Loss from operations (82,148) (66,438) (203,295) (95,184)
OTHER INCOME (EXPENSES):        
Interest expense (11,938) (21,145) (30,430) (39,978)
Changes in fair value of derivative 225,604 (68,874) 64,475 (24,254)
Total Other Income (Expense) 213,666 (90,019) 34,045 (64,232)
NET INCOME (LOSS) APPLICABLE TO COMMON SHARES $ 131,518 $ (156,457) $ (169,250) $ (159,416)
NET INCOME (LOSS) PER BASIC AND DILUTED SHARES $ 0.00 $ 0.00 $ 0.00 $ 0.00
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING - BASIC AND DILUTED 50,411,443 50,411,443 50,411,443 50,411,443