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BreedIT Corp. - Balance Sheets
Dec. 31, 2015
USD ($)
Dec. 31, 2014
USD ($)
Current assets:    
Cash and cash equivalents $ 356,037 $ 1,041,960
Certificate of deposit 640,418 639,979
Prepaid assets $ 62,926 $ 0
Assets held for sale 0 106,686
Total current assets $ 1,059,381 $ 1,788,625
Total assets 1,059,381 1,788,625
Current liabilities:    
Accounts payable and accrued liabilities 0 2,461
Deferred revenues 2,804 5,800
Related parties payable 0 18,000
Accrued interest payable $ 0 $ 40,910
Convertible notes payable, net of discount 0 201,000
Liabilities, related to assets held for sale 0 121,365
Total current liabilities $ 2,804 $ 389,536
Long-term deferred revenues 0 2,852
Total liabilities $ 2,804 $ 392,388
Stockholders' equity (deficit)    
Common stock [1] $ 1,446 $ 921
Stock payable 169,647 169,647
Stock subscription receivable (300) (300)
Accumulated other comprehensive income 0 (4,279)
Non-controlling interest $ 0 $ (154,187)
Additional paid-in capital 8,691,637 7,646,699
Accumulated deficit (7,795,853) (6,262,264)
Total stockholders' equity (deficit) 1,066,577 1,396,237
Total liabilities and stockholders' equity (deficit) $ 1,069,381 $ 1,788,625
[1] $0.0001 par value; 500,000,000 shares authorized; 144,419,173 and 107,119,173 issued and outstanding at December 31, 2015 and 2014, respectively.