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BALANCE SHEETS - USD ($)
Dec. 31, 2019
Dec. 31, 2018
CURRENT ASSETS:    
Cash and cash equivalents $ 679,147 $ 755,871
TOTAL ASSETS 679,147 755,871
CURRENT LIABILITIES:    
Accounts payable and accrued expenses 9,919 3,269
TOTAL CURRENT LIABILITIES 9,919 3,269
COMMITMENTS AND CONTINGENCIES
STOCKHOLDERS' EQUITY:    
Preferred stock, $1.00 par value; 4,000,000 authorized: Series A 10% Convertible preferred stock; 50,000 shares authorized; no shares issued and outstanding
Common stock, $0.00001 par value 200,000,000 shares authorized; 61,479,759 shares issued and 60,982,172 outstanding as of December 31, 2019; and 59,079,759 shares issued and 58,582,172 outstanding as of December 31, 2018 615 591
Treasury stock, $0.00001 par value 497,587 shares as of December 31, 2019 and $0.10 par value as of December 31, 2018 (49,759) (49,759)
Additional paid-in capital 6,953,031 6,293,761
Accumulated deficit (6,234,659) (5,491,991)
TOTAL STOCKHOLDERS' EQUITY 669,228 752,602
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 679,147 $ 755,871