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CONDENSED BALANCE SHEETS - USD ($)
Mar. 31, 2020
Dec. 31, 2019
CURRENT ASSETS:    
Cash and cash equivalents $ 647,125 $ 679,147
TOTAL ASSETS 647,125 679,147
CURRENT LIABILITIES:    
Accounts payable and accrued expenses 3,774 9,919
TOTAL CURRENT LIABILITIES 3,774 9,919
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 March 31, 2020 and December 31, 2019 615 615
Treasury stock, $0.00001 par value 497,587 shares as of March 31, 2020 and December 31, 2019 (49,759) (49,759)
Additional paid-in capital 6,953,031 6,953,031
Accumulated deficit (6,260,536) (6,234,659)
TOTAL STOCKHOLDERS' EQUITY 643,351 669,228
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 647,125 $ 679,147