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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
COSTS AND EXPENSES        
Administrative and general $ 148,490 $ 168,764 $ 466,026 $ 509,550
Amortization 8,140 9,503 25,488 28,198
Other 15,487 19,989 48,381 53,094
Total costs and expenses 172,117 198,256 539,895 590,842
OTHER INCOME (EXPENSE)        
Amortization of debt discount (40,834) (19,805) (102,362) (49,805)
Interest expense (123,376) (105,142) (344,878) (305,122)
Change in fair value of derivative liability 314,889 (27,923) 760,691 (218,023)
Net proceeds from litigation settlement 0 0 20,000 150,000
Reversal of previously accrued DOL penalties 0 0 0 240,050
Other income 933 0 1,698 0
Total other income (expense) 151,612 (152,870) 335,149 (182,900)
NET LOSS (20,505) (351,126) (204,746) (773,742)
PREFERRED STOCK DIVIDENDS (25,400) (25,400) (76,200) (76,200)
NET LOSS APPLICABLE TO COMMON STOCKHOLDERS $ (45,905) $ (376,526) $ (280,946) $ (849,942)
Net loss per common share, basic and fully diluted $ (0.001) $ (0.010) $ (0.008) $ (0.023)
Weighted average number of common shares outstanding, basic and fully diluted 36,297,576 36,297,576 36,297,576 36,297,576