Significant Accounting Policies and Restatement (Tables)

6 Months Ended

Jun. 30, 2019

Significant Accounting Policies and Restatement (Tables)

Derivative Financial Instruments

	Fair Value at June 30,		Fair Value Measurement Using
	2019		Level 1		Level 2		Level 3
Derivative liability	$	1,276,570	$	-	$	-	$	1,276,570

Reconciliation of derivative liability

Balance at beginning of period	$	1,280,188
Additions to derivative instruments		573,902
Extinguished derivative liability		(375,027	)
Gain on change in fair value of derivative liability		(202,493	)
Balance at end of period	$	1,276,570

Restatement of interim financial statement

Balance Sheet	June 30, 2019						June 30, 2019
(Unaudited)	As Reported			Corrections			As Restated
Accrued expenses	$	911,484		$	1,674		$	913,158
Derivative liabilities	$	886,463		$	390,107		$	1,276,570
Convertible notes payable, net	$	986,407		$	26,250		$	1,012,657
Total current liabilities	$	7,646,687		$	418,031		$	8,064,718
Total liabilities	$	7,646,687		$	418,031		$	8,064,718
Accumulated deficit	$	(51,189,257	)	$	(418,031	)	$	(51,607,288	)
Total stockholders' deficit	$	(7,208,157	)	$	(418,031	)	$	(7,626,188	)
Statement of Operations	Three Months						Three Months
Three months ended June 30, 2019	June 30, 2019						June 30, 2019
(Unaudited)	As Reported			Corrections			As Restated
Interest expense	$	(396,531	)	$	(232,542	)	$	(629,073	)
Change in fair value of derivative liabilities	$	209,015		$	(30,784	)	$	178,231
Total other income (expense), net	$	(142,040	)	$	(263,326	)	$	(405,366	)
Net loss	$	(488,610	)	$	(263,326	)	$	(751,936	)

Statement of Operations	Six Months						Six Months
Six months ended June 30, 2019	June 30, 2019						June 30, 2019
(Unaudited)	As Reported			Corrections			As Restated
Selling, general and administrative expenses	$	670,148		$	75,000		$	745,148
Total operating expenses	$	785,983		$	75,000		$	860,983
Loss from operations	$	(549,692	)	$	(75,000	)	$	(624,692	)
Interest expense	$	(836,845	)	$	(264,603	)	$	(1,101,448	)
Change in fair value of derivative liabilities	$	280,921		$	(78,428	)	$	202,493
Total other income (expense), net	$	(502,375	)	$	(343,031	)	$	(845,406	)
Net loss	$	(1,052,067	)	$	(418,031	)	$	(1,470,098	)
Statement of Cash Flows	Six Months						Six Months
Six months ended June 30, 2019	June 30, 2019						June 30, 2019
(Unaudited)	As Reported			Corrections			As Restated
Net loss	$	(1,052,067	)	$	(418,031	)	$	(1,470,098	)
Change in fair value of derivative liability	$	(280,921	)	$	78,428		$	(202,493	)
Non-cash interest expense	$	286,887		$	240,429		$	527,316
Amortization of debt discount	$	327,885		$	22,500		$	350,385
Legal fees paid through proceeds of note payable	$	-		$	75,000		$	75,000
Accrued expenses	$	281,725		$	1,674		$	283,399