XML 18 R2.htm IDEA: XBRL DOCUMENT v3.8.0.1
BALANCE SHEETS (Unaudited) - USD ($)
Mar. 31, 2017
Dec. 31, 2016
Current assets:    
Cash $ 100,135 $ 10,116
Accounts receivable 16,419 0
Other receivables 23,276 0
Vendor notes receivable, net of allowance for doubtful collection of $360,993 0 2,585,000
Vendor advances receivable 0 89,934
Inventories, at lower cost or market, principally average cost method 1,493,872 219,105
Prepaid expenses 170,834 0
Total current assets 1,804,536 2,904,155
Equipment, net of accumulated depreciation of $13,500 565,582 0
Other Assets:    
Licensing agreement, net of $6,250 of accumulated amortization in 2017 118,750 125,000
Goodwill 0 0
TOTAL ASSETS 2,488,868 3,029,155
Current liabilities:    
Accounts payable 331,790 57,995
Accounts payable - related parties 66,383 0
Accrued liabilities 86,785 0
Convertible note payable, net of debt discount of $356,250 in 2016 1,875,000 1,518,750
Note payable - related party 598,000 960,000
Insurance premium note payable 101,433 0
Total current liabilities 3,059,391 2,536,745
Stockholders' Equity (Deficit):    
Common Stock, $0.001 par value, 100,000,000 shares authorized 17,976,175 and 15,754,000 shares issued and outstanding at March 31, 2017 and December 31, 2016, respectively 17,976 15,754
Additional paid-in capital 2,087,333 799,180
Stock subscription receivable 0 (167,500)
Accumulated (Deficit) (2,675,832) (155,024)
Total Stockholders' Equity (Deficit) (570,523) 492,410
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 2,488,868 $ 3,029,155