XML 32 R2.htm IDEA: XBRL DOCUMENT v3.20.2
Balance Sheets - USD ($)
Mar. 31, 2020
Dec. 31, 2019
Current assets    
Cash $ 1,940 $ 2,975
Accounts receivable, net 56,580 105,842
Prepaid expenses 17,619 26,625
Other current assets 135,537 120,000
Total current assets 211,676 255,442
Non-current assets    
Due on sale of business 4,571 4,969
Property, plant and equipment 2,672,627 2,950,668
Total non-current assets 2,677,198 2,955,637
Total assets 2,888,874 3,211,079
Current liabilities    
Bank overdraft 11,079
Accounts payable and accrued liabilities 901,902 1,022,175
Taxes payable 757,327 792,915
Convertible loans, net of discounts 5,367,603 5,041,113
Short term loans 99,300 106,934
Mortgage loans 105,662 114,290
Derivative liability 18,449,168 8,694,272
Related party payables 2,705,804 2,793,080
Total current liabilities 28,386,766 18,575,858
Non-current liabilities    
Third party loan 730,235 774,820
Mortgage loans, net of current portion 3,526,779 3,880,945
Total non-current liabilities 4,257,014 4,655,765
Total liabilities 32,643,780 23,231,623
Stockholders' deficit    
Preferred stock - Series A; $0.01 par value, 3,000,000 authorized, nil outstanding outstanding at March 31, 2020 and December 31, 2019.
Preferred Stock - Series B; $0.01 par value, 10,000,000 authorized, nil outstanding outstanding at March 31, 2020 and December 31, 2019.
Common stock; $0.01 par value, 10,000,000,000 shares authorized; 1,577,862,975 and 155,483,897 shares issued and outstanding at March 31, 2020 and December 31, 2019, respectively. 15,778,630 1,554,838
Common stock discount (13,572,835)
Additional paid-in capital 23,327,307 23,188,527
Accumulated other comprehensive income 542,163 727,976
Accumulated deficit (55,830,171) (45,491,885)
Total stockholders' deficit (29,754,906) (20,020,554)
Total liabilities and stockholders' deficit $ 2,888,874 $ 3,211,079