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BALANCE SHEETS (unaudited) - USD ($)
Mar. 31, 2016
Dec. 31, 2015
Current Assets:    
Cash and cash equivalents $ 35,715 $ 61,078
Deposit on investment 50,000 50,000
Prepaid expenses 17,597 26,396
Total Current Assets 103,312 137,474
Investments 200,000 200,000
Property and equipment, net 825 1,098
Intangible assets, net 17,806 19,949
Total Assets 321,943 358,521
Current Liabilities:    
Accounts payable $ 122,830 121,821
Accounts payable, related party 283,000
Accrued expenses $ 24,764 34,366
Notes payable, net of discount 844,174 814,433
Notes payable, related party 794,411 495,340
Current portion of LT notes payable 2,370 2,336
Total Current Liabilities 1,788,549 1,751,296
Notes payable, long-term 38,819 39,430
Total Liabilities $ 1,827,368 $ 1,790,726
Commitments and Contingencies
Stockholders’ Equity (Deficit):    
Preferred stock; $0.01 par value, 25,000,000 authorized shares; 20,500,000 shares designated as Series B Convertible Preferred Stock; Series B Convertible Preferred shares 16,676,942 issued and outstanding $ 166,769 $ 166,769
Common Stock; $0.01 par value; 150,000,000 authorized; 68,272,918 and 63,341,163 shares issued and outstanding, respectively 697,729 697,729
Additional paid-in capital 48,677,924 48,677,924
Accumulated deficit (51,047,847) (50,974,627)
Total Stockholders’ Equity (Deficit) (1,505,425) (1,432,205)
Total Liabilities and Stockholders’ Equity (Deficit) $ 321,943 $ 358,521