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Innovative Product Opportunities Inc. - Balance Sheets - USD ($)
Sep. 30, 2015
Dec. 31, 2014
Current Assets:    
Cash $ 17,151  
Accounts and sundry receivable 16,177 $ 9,300
Prepaid expenses   2,000
TOTAL CURRENT ASSETS 33,328 11,300
Property and equipment, net 202 376
Total Assets 33,530 11,676
Current Liabilities:    
Bank indebtedness   14
Accounts payable and accrued liabilities 100,320 10,365
Convertible notes, net [1] 347,719 343,026
Notes payable 42,164 17,767
Deferred revenue 10,288  
Due to related party 19,893 14,681
Total Current Liabilities 520,384 385,853
TOTAL LIABILITIES $ 520,384 $ 385,853
Stockholders' Deficit    
Preferred stock [2]
Common stock [3] $ 116,955 $ 25,545
Stock payable 1,250  
Additional paid-in capital 21,955,757 21,743,475
Accumulated deficit (22,560,816) (22,143,197)
TOTAL STOCKHOLDERS' DEFICIT (486,854) (374,177)
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT $ 33,530 $ 11,676
[1] Net of unamortized debt discount of $17,293 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, 1,169,550,605 and 255,453,090 shares issued and outstanding, respectively.