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Condensed Balance Sheets (Current Period Unaudited) - USD ($)
Mar. 31, 2019
Dec. 31, 2018
Current assets    
Cash and equivalents $ 76,474 $ 139,721
Prepaid insurance and other current assets 23,514 33,784
Total current assets 99,988 173,505
Other assets    
Equipment & furnishings, net 17,768 18,576
Total other assets 17,768 18,576
Total assets 117,756 192,081
Current liabilities    
Accounts payable and accrued expenses 150,505 92,566
Accrued dividends 27,361 27,361
Loan payable - insurance financing 20,684 33,184
Total current liabilities 198,550 153,111
Total liabilities 198,550 153,111
Stockholders' equity    
Series A Preferred stock, $0.01 par value, 20,000 shares authorized, 500 issued at March 31, 2019 and 2018 5 5
Common stock, $0.01 par value, 50,000,000 shares authorized, 2,610,568 issued at March 31, 2019 and 2018 26,105 26,105
Additional paid-in capital 111,861,799 111,861,799
Accumulated deficit (111,968,703) (111,848,939)
Total stockholders' equity (80,794) 38,970
Total liabilities and stockholders' equity $ 117,756 $ 192,081