XML 15 R4.htm IDEA: XBRL DOCUMENT v3.22.1
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
REVENUES        
Royalty Revenue $ 9,000 $ 183,549 $ 152,642 $ 265,847
Total Revenue 9,000 183,549 152,642 265,847
OPERATING EXPENSES        
General and Administrative Expenses 64,849 125,731 176,311 291,461
INCOME(LOSS) FROM OPERATIONS (55,849) 57,818 (23,669) (25,614)
OTHER INCOME/(EXPENSE)        
Litigation Settlement, net 0 40,000   85,000
Interest Expense, net (3,816) (4,299) (7,560) (8,823)
TOTAL OTHER INCOME/(EXPENSE) (3,816) 35,701 (7,560) 76,177
NET INCOME(LOSS) BEFORE INCOME TAXES (59,665) 93,519 (31,229) 50,563
INCOME TAXES 0 0    
NET INCOME/(LOSS) $ (59,665) $ 93,519 $ (31,229) $ 50,563
NET INCOME/(LOSS) PER SHARE-Basic $ 0.00 $ 0.00 $ 0.00 $ 0.00
NET INCOME/(LOSS) PER SHARE-Diluted $ 0.00 $ 0.00 $ 0.00 $ 0.00
WEIGHTED AVERAGE OF COMMON SHARES OUTSTANDING-Basic 165,186,144 165,186,144 165,186,144 165,186,144
WEIGHTED AVERAGE OF COMMON SHARES OUTSTANDING-Diluted 165,186,144 165,186,144 165,186,144 165,186,144