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Innovative Product Opportunities Inc. - Statements of Operations - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
Income Statement        
Sales $ 12,835 $ 73,250 $ 12,835 $ 73,250
Cost of sales        
Gross profit $ 12,835 $ 73,250 $ 12,835 $ 73,250
Operating Expenses:        
Bad debt     8,250  
General and administrative 17,807 149,681 31,725 176,017
Stock-based compensation- services 60,000 5,246,200 237,072 5,567,300
Stock-based compensation- salaries 15,000   15,000  
TOTAL EXPENSES 92,807 5,395,881 292,047 5,743,317
Loss from operations (79,972) (5,322,631) (279,212) (5,670,067)
Other income (loss)        
Loss on issuance of stock-based compensation   (8,883,800)   (8,910,300)
Accretion of debt discount (17,105) (128,297) (34,021) (133,489)
Total other income (loss) (17,105) (9,012,097) (34,021) (9,043,789)
Net loss for the period $ (97,077) $ (14,334,728) $ (313,233) $ (14,713,856)
Net loss per comon share- basic $ (0.00) $ (0.55) $ (0.00) $ (1.02)
Weighted average number of common shares outstanding- basic 855,509,225 26,051,626 743,931,697 14,402,619