XML 41 R2.htm IDEA: XBRL DOCUMENT v3.20.1
Condensed Consolidated Balance Sheets - USD ($)
Mar. 31, 2020
Dec. 31, 2019
Current assets:    
Cash $ 2,604 $ 1,945
Total current assets 2,604 1,945
Mining and mineral rights 3,883,524 3,883,524
Total Assets 3,886,128 3,885,469
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 $64,355 from related parties 164,355 113,575
Accrual for settlement of lawsuits 3,207,329 3,164,309
Accounts payable 1,820,741 1,820,741
Accrued interest - Related party $1,382,609 and $1,325,558 at March 31, 2020 and December 31, 2019 2,251,902 2,100,592
Total current liabilities 10,151,014 9,905,904
Preferred stock, 50,000,000 shares authorized:    
Series A, $.001 par value, 10,000,000 and 10,000,000 shares issued and outstanding at March 31, 2020 and December 31, 2019 10,000,000 10,000,000
Shareholders' deficit:    
Common stock, $0.001 par value, 500,000,000 shares authorized: 133,997,423 issued and 128,997,423 outstanding at March 31, 2020 and December 31, 2019 128,997 128,997
Additional paid-in capital 87,712,695 87,712,695
Accumulated deficit (104,106,578) (103,862,127)
Total shareholders' deficit (16,264,886) (16,020,435)
Total Liabilities and Shareholders' deficit $ 3,886,128 $ 3,885,469