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CONSOLIDATED BALANCE SHEETS - USD ($)
Dec. 31, 2019
Dec. 31, 2018
Current assets    
Cash and cash equivalents $ 12,185,248 $ 15,397,524
Prepaid expenses 102,500 168,707
Total current assets 12,287,748 15,566,231
Equipment, net of accumulated depreciation of $951 and $687, respectively 264
Intangible assets 152,854 152,854
Total assets 12,440,602 15,719,349
Current liabilities    
Accounts payable 169,044 222,163
Accounts payable - related parties 111,696 3,000
Interest payable to related party 167,497
Total current liabilities 280,740 392,660
Commitments and contingencies
Stockholders' equity    
Preferred stock: $0.0001 par value; 10,000,000 shares authorized, no shares issued and outstanding
Common stock: $0.00001 par value; 500,000,000 shares authorized, 87,352,364 and 87,175,522 shares issued and outstanding at December 31, 2019 and 2018, respectively 874 872
Additional paid-in capital 32,378,833 32,187,580
Retained deficit (20,219,845) (16,861,763)
Total stockholders' equity 12,159,862 15,326,689
Total liabilities and stockholders' equity $ 12,440,602 $ 15,719,349