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Note 6 - Stockholders' Deficit
6 Months Ended
Jun. 30, 2019
Stockholders' Equity Note [Abstract]  
Stockholders' Equity Note Disclosure [Text Block]

Note 6 – Stockholders’ Deficit


Shares for Stock Based Compensation


During the six months ending June 30, 2019, the Company issued 200,000 restricted shares of the Company’s common stock at valued $17,480 in exchange for services conducted on behalf of the Company. The value of these shares was based on the closing market price on the respective date of grant.  Also during the six months ended June 30, 2019, the Company issued 1,000,000 shares of common stock to employees, subject to vesting provisions, pursuant to employment agreements. The par value of these shares in the amount of $10,000 was credited to paid-in capital. During the six months ended June 30, 2019, the Company charged the amount of $25,093 to paid-in capital representing the vesting of shares issued to employees. 


During the six months ending June 30, 2018, the Company issued 800,000 restricted shares of the Company’s common stock at valued $40,120 in exchange for reimbursement of expenses paid on behalf of the Company and for services provided. The value of these shares was based on the closing market price on the respective date of grant.


Stock-based compensation expenses are included in general and administrative expenses on the condensed consolidated statements of operations.


Shares issued for notes payable


During the six months ended June 30, 2019, the Company issued, in 13 transactions, a total of 5,278,069 shares in connection with the conversion of notes payable principal and accrued interest in the aggregate amount of $177,365 and $19,385, respectively; a loss in the aggregate amount of $158,659 was recognized on these transactions (see note 5).


During the six months ending June 30, 2018, the Company issued 75,000 restricted shares of common stock valued at $7,500 for an extension of the term of a note payable.  


Shares issued for conversion of accounts payable


During the six months ended June 30, 2019, the Company did not issue any shares to settle accounts payable.


During the six months ending June 30, 2018, the Company issued 4,405,123 shares valued at $432,733 to settle outstanding accounts payable.  There was a loss on the transaction of $36,100 because the fair value of the issuance exceeded the fair value of the accounts payable settled.


Stock returned for cancellation


During the six months ended June 30, 2019, the Company cancelled 400,000 shares of common stock issued to a former executive officer.


During the six months ended June, 2018. there were no cancellations of common stock.


Shares issued for legal settlement


During the six months ended June 30, 2019, the Company issued 1,401,224 shares of common stock in connection with the settlement of a note payable in the amount of $74,104. The Company recorded a loss in the amount of $26,924 in connection with this transaction.


During the six months ended June, 2018. there were no shares issued in connection with a legal settlement.