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Innovative Product Opportunities Inc. - Consolidated Balance Sheets - USD ($)
Dec. 31, 2015
Dec. 31, 2014
Current Assets:    
Cash $ 23  
Accounts and sundry receivable 5,866 $ 9,300
Prepaid expenses 5,575 2,000
TOTAL CURRENT ASSETS 11,464 11,300
Property and equipment, net 145 376
Total Assets 11,609 11,676
Current Liabilities:    
Bank indebtedness   14
Accounts payable and accrued liabilities 190,148 10,365
Convertible notes, net 365,012 343,026
Notes payable 47,969 17,767
Deferred revenue 10,288  
Due to related party 19,688 14,681
Total Current Liabilities 633,105 385,853
TOTAL LIABILITIES $ 633,105 $ 385,853
Stockholders' Deficit    
Preferred stock [1]
Common stock [2] $ 226,955 $ 25,545
Stock payable 2,500  
Additional paid-in capital 21,955,757 21,743,475
Accumulated deficit (22,860,708) (22,143,197)
TOTAL STOCKHOLDERS' DEFICIT (621,496) (374,177)
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT $ 11,609 $ 11,676
[1] $0.001 par value; 1,000,000 shares authorized, 0 issued and outstanding
[2] $0.0001 par value; 3,000,000,000 shares authorized, 2,269,550,605 and 255,453,090 shares issued and outstanding, respectively.