2. PREPAID EXPENSES

6 Months Ended

Jun. 30, 2018

Prepaid Expense And Other Assets Current [Abstract]

PREPAID EXPENSES

NOTE 2 – PREPAID EXPENSES

We entered into agreements with certain of its consultants and vendors whereby we issued unregistered shares of common stock in exchange for services to be provided to us. We engaged a third-party provider to pay certain of our expenses on our behalf. As compensation for the payment of these expenses on our behalf, we pay the provider in shares of common stock equivalent to the expense paid plus a fee equal to 15% of the expense paid. As of June 30, 2018 and December 31, 2017, included in prepaid expenses for this third-party provider is $23,000 and $22,000, respectively, for shares of stock issued to the provider in excess of amounts paid on our behalf.

Other prepaid expenses (non-stock related) were $1,000 and $0 at June 30, 2018 and December 31, 2017, respectively.