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Balance Sheets - USD ($)
Jun. 30, 2020
Dec. 31, 2019
Current assets    
Cash $ 125 $ 2,975
Accounts receivable, net 2,873 105,842
Prepaid expenses 21,531 26,625
Other current assets 217,456 120,000
Total current assets 241,985 255,442
Non-current assets    
Due on sale of business 4,759 4,969
Property nd equipment 2,752,410 2,950,668
Total non-current assets 2,757,169 2,955,637
Total assets 2,999,154 3,211,079
Current liabilities    
Bank overdraft 6,704 11,079
Accounts payable and accrued liabilities 835,490 1,022,175
Taxes payable 789,028 792,915
Convertible loans, net of discounts 4,179,879 5,041,113
Short term loans 104,835 106,934
Mortgage loans 110,623 114,290
Federal assistance loans 156,782
Derivative liability 9,386,939 8,694,272
Dividends payable 4,657
Related party payables 2,740,166 2,793,080
Total current liabilities 18,315,103 18,575,858
Non-current liabilities    
Third party loan 781,945 774,820
Mortgage loans, net of current portion 3,644,566 3,880,945
Total non-current liabilities 4,426,511 4,655,765
Total liabilities 22,741,614 23,231,623
Stockholders' deficit    
Preferred stock - Series A; $0.01 par value, 10,000,000 authorized, nil outstanding outstanding at June 30, 2020 and December 31, 2019.
Preferred Stock - Series B; $1.00 par value, 400,000 authorized, 400,000 and 0 issued and outstanding at June 30, 2020 and December 31, 2019, respectively. 400,000
Common stock; $0.01 par value,10,000,000,000 shares authorized; 1,841,090,247 and 155,483,897 shares issued and outstanding at June 30, 2020 and December 31, 2019, respectively. 18,410,903 1,554,838
Common stock discount (16,429,220)
Additional paid-in capital 23,327,307 23,188,527
Accumulated other comprehensive income 643,494 727,976
Accumulated deficit (46,794,944) (45,491,885)
Controlling stockholders’ deficit (20,842,460) (20,020,554)
Non-controlling interest 700,000
Total stockholders' deficit (19,742,460) (20,020,554)
Total liabilities and stockholders' deficit $ 2,999,154 $ 3,211,079