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Innovative Product Opportunities Inc. - Balance Sheets - USD ($)
Jun. 30, 2015
Dec. 31, 2014
Current Assets:    
Cash $ 493  
Accounts and sundry receivable 14,266 $ 9,300
Prepaid expenses   2,000
TOTAL CURRENT ASSETS 14,759 11,300
Property and equipment, net 260 376
Total Assets 15,019 11,676
Current Liabilities:    
Bank indebtedness   14
Accounts payable and accrued liabilities 15,054 10,365
Convertible notes, net [1] 330,427 343,026
Notes payable 35,088 17,767
Due to related party 23,167 14,681
Total Current Liabilities 403,736 385,853
TOTAL LIABILITIES $ 403,736 $ 385,853
Stockholders' Deficit    
Preferred stock [2]    
Common stock [3] $ 111,955 $ 25,545
Additional paid-in capital 21,955,757 21,743,475
Accumulated deficit (22,456,429) (22,143,197)
TOTAL STOCKHOLDERS' DEFICIT (388,717) (374,177)
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT $ 15,019 $ 11,676
[1] Net of unamortized debt diswcount of $34,585 and $0, respectively
[2] $0.001 par value; 1,000,000 shares authorized, 0 issued and outstanding
[3] $0.0001 par value; 3,000,000,000 shares authorized, 1,119,550,605 and 255,453,090 shares issued and outstanding, respectively.