XML 9 R2.htm IDEA: XBRL DOCUMENT v3.20.2
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
Jun. 30, 2020
Dec. 31, 2019
Current assets:    
Cash $ 459,000 $ 261,000
Prepaid expenses 12,000 13,000
Due from the sale of assets - current portion 300,000 300,000
Total current assets 771,000 574,000
Investment in equity securities 1,070,000 1,045,000
Property and equipment, net 7,000 4,000
Due from the sale of assets 300,000 600,000
Other assets 2,000 2,000
Total assets 2,150,000 2,225,000
Current liabilities:    
Accounts payable and accrued expenses 1,503,000 1,510,250
Accrued expenses - related parties 707,000 583,750
Total current liabilities 2,210,000 2,094,000
Long-term liabilities:    
Notes payable, net of discounts 91,000 78,000
Total long-term liabilities 91,000 78,000
Total liabilities 2,301,000 2,172,000
Commitments and Contingencies - Note 7 0 0
STOCKHOLDERS' DEFICIT    
Capital stock $.001 par value 0 0
Preferred, authorized 447,804 shares, 0 and 0 shares issued, and outstanding, respectively 0 0
Common, authorized 950,000,000 shares, 557,781,064 and 557,781,064 shares issued, and outstanding, respectively 558,000 558,000
Additional paid-in-capital 67,632,000 67,632,000
Accumulated deficit (69,399,000) (69,195,000)
Total stockholders' deficit (1,209,000) (1,005,000)
TOTAL LIABILITIES, MEZZANINE EQUITY AND STOCKHOLDERS' DEFICIT 2,150,000 2,225,000
Series D Preferred Stock [Member]    
STOCKHOLDERS' DEFICIT    
Preferred, authorized 447,804 shares, 0 and 0 shares issued, and outstanding, respectively 1,058,000 1,058,000
Class A Convertible Preferred Stock [Member]    
STOCKHOLDERS' DEFICIT    
Preferred, authorized 447,804 shares, 0 and 0 shares issued, and outstanding, respectively 0 0
Class B Convertible Preferred Stock [Member]    
STOCKHOLDERS' DEFICIT    
Preferred, authorized 447,804 shares, 0 and 0 shares issued, and outstanding, respectively 0 0
Class C Redeemable Convertible Preferred Stock [Member]    
STOCKHOLDERS' DEFICIT    
Preferred, authorized 447,804 shares, 0 and 0 shares issued, and outstanding, respectively $ 0 $ 0