XML 26 R2.htm IDEA: XBRL DOCUMENT v3.20.1
Condensed Consolidated Balance Sheets - USD ($)
Jun. 30, 2019
Dec. 31, 2018
Current assets:    
Cash $ 1,646 $ 1,001
Total current assets 1,646 1,001
Mining and mineral rights 3,883,524 3,883,524
Total Assets 3,885,170 3,884,525
Current liabilities:    
Senior secured promissory note payable, related party 2,229,187 2,229,187
Promissory notes payable - related party 477,500 477,500
Convertible notes payable, including $62,724 from related party 192,724 168,000
Accrual for settlement of lawsuits 3,077,321 2,976,623
Accounts payable 2,214,314 2,230,314
Accrued interest - Related party $1,211,941 and $1,096,235 at June 30, 2019 and December 31, 2018 1,560,038 1,338,251
Total current liabilities 9,751,084 9,419,875
Preferred stock, 50,000,000 shares authorized:    
Series A, $.001 par value, 10,000,000 and 10,000,000 shares issued and outstanding at June 30, 2019 and December 31, 2018 10,000,000 10,000,000
Commitments and Contingencies (Note 6)
Shareholders' deficit:    
Common stock, $0.001 par value, 500,000,000 shares authorized: 129,497,423 issued and 124,497,423 outstanding at June 30, 2019 and December 31, 2018 124,497 124,497
Additional paid-in capital 87,525,115 87,525,115
Accumulated deficit (103,515,526) (103,184,962)
Total shareholders' deficit (15,865,914) (15,535,350)
Total Liabilities and Shareholders' deficit $ 3,885,170 $ 3,884,525