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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
REVENUES        
Royalty Revenue $ 62,300 $ 174,124 $ 214,942 $ 439,971
Total Revenue 62,300 174,124 214,942 439,971
OPERATING EXPENSES        
General and Administrative Expenses 75,941 149,954 252,252 441,415
INCOME(LOSS) FROM OPERATIONS (13,641) 24,170 (37,310) (1,444)
OTHER INCOME/(EXPENSE)        
Litigation Settlement, net 0 5,000 0 90,000
Interest Expense, net (4,297) (3,908) (11,857) (12,731)
TOTAL OTHER INCOME/(EXPENSE) (4,297) 1,092 (11,857) 77,269
NET INCOME(LOSS) BEFORE INCOME TAXES (17,938) 25,262 (49,167) 75,825
INCOME TAXES 0 0 0 0
NET INCOME/(LOSS) $ (17,938) $ 25,262 $ (49,167) $ 75,825
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