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Consolidated Balance Sheets - USD ($)
Dec. 31, 2017
Dec. 31, 2016
Current assets    
Cash and equivalents $ 708,382 $ 450
Property deposits 110,000
Prepaid insurance and other assets 38,191 31,703
Total current assets 746,573 142,153
Other assets    
Equipment & furnishings, net 21,808
Total other assets 21,808
Total assets 768,381 142,153
Current liabilities    
Accounts payable and accrued expenses 66,319 95,944
Accrued dividends 27,361 329,017
Loan payable - insurance financing 33,191
Notes payable to related parties, including accrued interest of $13,208 471,826
Total current liabilities 126,871 896,787
Total liabilities 126,871 896,787
Commitments and contingencies
Stockholders' equity (deficit)    
Series A Preferred stock, $0.01 par value, 20,000 shares authorized, 500 and 10,375 issued and outstanding at December 31, 2017 and 2016, respectively 5 104
Common stock, $0.01 par value, 50,000,000 shares authorized, 2,610,568 and 1,056,723 issued and outstanding at December 31, 2017 and issued at December 31, 2016, respectively 26,105 10,567
Additional paid-in capital 111,861,799 109,836,007
Accumulated deficit (111,246,399) (110,530,623)
Treasury stock, at cost, for 566 shares (70,689)
Total stockholders' equity (deficit) 641,510 (754,634)
Total liabilities and stockholders' equity (deficit) $ 768,381 $ 142,153