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BALANCE SHEETS (unaudited) - USD ($)
Jun. 30, 2016
Dec. 31, 2015
Current Assets:    
Cash and cash equivalents $ 3,557 $ 61,078
Deposit on investment 50,000 50,000
Prepaid expenses 8,799 26,396
Total Current Assets 62,356 137,474
Investments 200,000 200,000
Property and equipment, net 551 1,098
Intangible assets, net 15,661 19,949
Total Assets 278,568 358,521
Current Liabilities:    
Accounts payable 142,957 121,821
Accounts payable, related party 0 283,000
Accrued expenses 15,174 34,366
Notes payable, net of discount 820,853 814,433
Notes payable, related party 872,544 495,340
Current portion of LT notes payable 2,390 2,336
Total Current Liabilities 1,853,918 1,751,296
Notes payable, long-term 38,414 39,430
Total Liabilities 1,892,332 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; 69,772,918 and 69,772,918 shares issued and outstanding, respectively 697,729 697,729
Additional paid-in capital 48,677,924 48,677,924
Accumulated deficit (51,156,186) (50,974,627)
Total Stockholders’ Equity (Deficit) (1,613,764) (1,432,205)
Total Liabilities and Stockholders’ Equity (Deficit) $ 278,568 $ 358,521