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VALIDIAN CORPORATION AND SUBSIDIARIES Unaudited Interim Consolidated, Condensed Balance Sheets - USD ($)
Jun. 30, 2015
Dec. 31, 2014
Current assets:    
Cash and cash equivalents $ 40,191 [1] $ 97,403
Value added taxes recoverable 31,744 34,955
Prepaid expenses 173,841 55,000
Total Current assets 245,776 187,358
Property and equipment, net of accumulated depreciation of $33,884 (December 31, 2014 - $33,743) 565 847
Total assets 246,341 188,205
Current liabilities:    
Accounts payable and accrued liabilities [2] 3,386,152 3,979,699
Accrued interest on promissory notes and 10% senior convertible notes payable to related parties [2] 337,242 306,564
Deferred revenue 320,000 320,000
Promissory notes payable [3] 46,250 46,250
10% Senior convertible notes [4] 6,287,634 6,182,441
10% Senior convertible notes payable to related parties [4] 597,061 623,445
Convertible promissory notes [5] 1,886 12,285
Total current liabilities 10,976,225 11,470,684
Total liabilities 10,976,225 11,470,684
Stockholders' deficiency:    
Preferred stock ($0.001 par value. Authorized 50,000,000 shares; issued and outstanding Nil shares at June 30, 2015 and at December 31, 2014) 0 0
Common stock, ($0.001 par value. Authorized 700,000,000 shares; issued and outstanding 356,569,930 and 308,915,682 shares at June 30, 2015 and December 31, 2014, respectively.) 356,570 308,916
Additional paid in capital 35,705,748 33,433,153
Deficit (46,742,464) (44,974,810)
Treasury stock (7,000 shares at June 30, 2015 and December 31, 2014, at cost) (49,738) (49,738)
Total stockholders' deficiency [6] (10,729,884) (11,282,479)
Total liabilities and stockholders' deficiency [7] $ 246,341 $ 188,205
[1] Note 9, Supplementary information
[2] Note 8
[3] Notes 2, 8
[4] Notes 3, 8
[5] Note 4
[6] Note 5
[7] Basis of presentation (note 1), Subsequent events (note 12)