10-Q/A

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 10-Q/A

(Mark One)

☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the quarterly period ended June 30, 2019

or

☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the transition period from _________ to __________.

Commission File Number 000-29461

SEAFARER EXPLORATION CORP.

  (Exact name of registrant as specified in its charter)

Florida	90-0473054
(State or other jurisdiction of incorporation or organization)	(I.R.S. Employer Identification No.)

14497 N. Dale Mabry Highway, Suite 209-N, Tampa, Florida 33618

(Address of principal executive offices) (Zip code)

(813) 448-3577

Registrant’s telephone number

Securities registered pursuant to Section 12(g) of the Act:

  Common Stock, par value $0.0001 per share

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Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act.  Yes ☐ No  ☒

Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act.  Yes  ☐ No ☒

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.  Yes  ☒ No ☐

Indicate by check mark if disclosure of delinquent filers pursuant to Item 405 of Regulation S-K is not contained herein, and will not be contained, to the best of registrant’s knowledge, in definitive proxy or information statements incorporated by reference in Part III of this Form 10-K or any amendment to this Form 10-K.  ☐

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. See the definitions of “large accelerated filer,” “accelerated filer” and “smaller reporting company” in Rule 12b-2 of the Exchange Act. (Check one):

Large accelerated filer	☐	Accelerated filer	☐
Non-accelerated filer	☒	Smaller reporting company	☒
		Emerging growth company	☐

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Act).  Yes  ☐ No ☒

As of August 12, 2019, there were 4,232,149,156 shares of the registrant’s common stock, $.0001 par value per share, outstanding.

2

EXPLANATORY NOTE

The purpose of this amendment on Form 10-Q/A to Seafarer Exploration Corp's Quarterly Report on Form 10-Q for the period ended June 30, 2019, filed with the Securities and Exchange Commission on August 14, 2019 is solely to furnish Exhibit 101 to the Form 10-Q in accordance with Rule 405 of Regulation S-T.

No other changes have been made to the Form 10-Q. This Amendment No. 1 to the Form 10-Q speaks as of the original filing date of the Form 10-Q, does not reflect events that may have occurred subsequent to the original filing date, and does not modify or update in any way disclosures made in the original Form 10-Q.

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Item 6. Exhibits

Set forth below is a list of the exhibits to this quarterly report on Form 10-Q.

Exhibit Number	Description
**31.1	Certification of the Chief Executive Officer pursuant to Rule 13a-14(a) or Rule 15d-14(a) of the Securities and Exchange Act of 1934, as amended, as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.
**32.1	Certification of the Chief Executive Officer pursuant to Rule 13a-14(b) or Rule 15d-14(b) of the Securities and Exchange Act of 1934, as amended, and 18 U.S.C. 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.
**99.1	Temporary Hardship Exemption.
*101.INS	XBRL Instance Document
*101.SCH	XBRL Taxonomy Extension Schema
*101.CAL	XBRL Taxonomy Extension Calculation Linkbase
*101.DEF	XBRL Taxonomy Extension Definition Linkbase
*101.LAB	XBRL Taxonomy Extension Label Linkbase
*101.PRE	XBRL Taxonomy Extension Presentation Linkbase

* Furnished herewith.

** Previously filed.

4

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

SEAFARER EXPLORATION CORP.

Date: August 21, 2019	By:	/s/ Kyle Kennedy
		Kyle Kennedy President, Chief Executive Officer, and Chairman of the Board (Principal Executive Officer and Principal Accounting Officer)

Date: August 21, 2019	By:	/s/ Charles Branscum
		Charles Branscum, Director

Date: August 21, 2019	By:	/s/ Robert L. Kennedy
		Robert L. Kennedy, Director

Date: August 21, 2019	By:	/s/ Thomas Soeder
		Thomas Soeder, Director

Date: August 21, 2019	By:	/s/ Bradford Clark
		Bradford Clark, Director

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XML

Document and Entity Information - shares	6 Months Ended
	Jun. 30, 2019	Aug. 12, 2019
Document And Entity Information
Entity Registrant Name	SEAFARER EXPLORATION CORP
Document Type	10-Q
Document Period End Date	Jun. 30, 2019
Amendment Flag	false
Entity Central Index Key	0001106213
Current Fiscal Year End Date	--12-31
Entity Common Stock, Shares Outstanding		4,232,149,156
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	false
Entity Current Reporting Status	Yes
Entity Shell Company	false
Entity File Number	000-29461
Document Fiscal Year Focus	2019
Document Fiscal Period Focus	Q2
Entity Transition Period	false

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Unaudited Condensed Consolidated Balance Sheets (Unaudited) - USD ($)	Jun. 30, 2019	Dec. 31, 2018
Current Assets
Cash	$ 34,889
Prepaid expenses	81,733	2,060
Deposits and other receivables	750	750
Total Current Assets	117,372	2,810
Right to use asset	15,424
Investment in P & S, Inc.	78,000	78,000
TOTAL ASSETS	210,796	80,810
Current Liabilities
Overdraft		2,919
Accounts payable and accrued expense	317,147	480,951
Convertible notes payable, net of discounts of $4,248 and $1,401	6,752	1,599
Convertible notes payable, related parties, net of discounts of $12,984 and $7,588	19,116	21,612
Convertible notes payable, in default	460,300	457,300
Convertible notes payable, in default - related parties	370,200	341,000
Notes payable, net of discounts of $7,071 and $14,943	97,929	90,057
Notes payable, in default	105,000	152,500
Notes payable, in default - related parties	18,500	18,500
Shareholder loan	1,500	6,548
Lease liability	15,580
Total Current Liabilities	1,412,024	1,572,986
TOTAL LIABILITIES	1,412,024	1,572,986
Stockholders' Deficit
Preferred stock, $0.0001 par values - 50,000,000 shares authorized; 67 shares issued Series A - 7 shares issued and outstanding at June 30, 2019 and December 31, 2018 Series B - 60 shares issued and outstanding at June 30, 2019 and December 31, 2018
Common stock, $0.0001 par value - 4,900,000,000 shares authorized; 4,185,865,834 and 3,518,252,964 shares issued and outstanding at June 30, 2019 and December 31, 2018, respectively	417,124	350,573
Common stock to be issued, $0.0001 par value, 3,500,000 and 23,192,857 shares at June 30, 2019 and December 31, 2018, respectively	350	2,319
Additional paid-in capital	14,277,754	13,109,751
Accumulated deficit	(15,896,456)	(14,954,819)
TOTAL STOCKHOLDERS' DEFICIT	(1,201,228)	(1,492,176)
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT	210,796	80,810
Series A
Stockholders' Deficit
Preferred stock, $0.0001 par values - 50,000,000 shares authorized; 67 shares issued Series A - 7 shares issued and outstanding at June 30, 2019 and December 31, 2018 Series B - 60 shares issued and outstanding at June 30, 2019 and December 31, 2018
Series B
Stockholders' Deficit
Preferred stock, $0.0001 par values - 50,000,000 shares authorized; 67 shares issued Series A - 7 shares issued and outstanding at June 30, 2019 and December 31, 2018 Series B - 60 shares issued and outstanding at June 30, 2019 and December 31, 2018

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Unaudited Condensed Consolidated Balance Sheets (Parenthetical) (Unaudited) - USD ($)	Jun. 30, 2019	Dec. 31, 2018
Discounts on convertible notes payable	$ 4,248	$ 1,401
Discounts on convertible notes payable, related parties	12,984	7,588
Discounts on notes payable	$ 7,071	$ 14,943
Preferred stock, par value	$ 0.0001	$ 0.0001
Preferred stock, shares authorized	50,000,000	50,000,000
Preferred stock, shares issued	67	67
Preferred Stock, shares outstanding	67	67
Common stock, par value	$ 0.0001	$ 0.0001
Common stock, shares authorized	4,900,000,000	4,900,000,000
Common stock, shares issued	4,185,865,834	3,518,252,964
Common Stock, shares outstanding	4,185,865,834	3,518,252,964
Common stock to be issued	3,500,000	23,192,857
Series B
Preferred stock, shares issued	60	60
Preferred Stock, shares outstanding	60	60
Series A
Preferred stock, shares issued	7	7
Preferred Stock, shares outstanding	7	7

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Unaudited Condensed Consolidated Statements Of Operations (Unaudited) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Revenue:
Service income	$ 3,500		$ 3,500
Operating Expenses
Consulting and contractor expenses	263,652	283,383	491,262	430,159
Vessel maintenance and dockage	30,632	15,265	41,987	23,105
Professional fees	20,815	12,131	52,575	35,726
General and administrative expenses	197,099	25,348	224,863	42,696
Depreciation expense		8,496		16,992
Rent expense	6,689	10,446	19,496	19,085
Travel and entertainment expense	13,118	19,157	27,675	36,587
Total operating expenses	532,005	374,226	857,858	604,350
Net loss from operations	(528,505)	(374,226)	(854,358)	(604,350)
Other Income (Expense):
Interest expense	(54,246)	(78,568)	(90,279)	(109,707)
Dividend income	1,500		3,000
Total expense, net	(52,746)	(78,568)	(87,279)	(109,707)
Net loss	$ (581,251)	$ (452,794)	$ (941,637)	$ (714,057)
Basic and diluted loss per share	$ (0.00)	$ (0.00)	$ (0.00)	$ (0.00)
Weighted average number of shares outstanding	4,125,752,387	3,036,145,467	3,904,802,596	2,906,438,618

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Unaudited Consolidated Statements Of Changes In Stockholders' Deficit Equity (Unaudited) - USD ($)	Series A Preferred Stock	Series B Preferred Stock	Common Stock	Common StockTo Be Issued	Additional Paid-In Capital	Accumulated Deficit	Total
Beginning Balance, Shares at Dec. 31, 2017	7	60	2,784,317,155
Beginning Balance, Value at Dec. 31, 2017			$ 278,432		$ 12,293,080	$ (13,677,635)	$ (1,106,123)
Common stock issued for cash, Shares			10,000,000
Common stock issued for cash, Value			$ 1,000		24,000		25,000
Stock issued to convert notes payable, Shares			10,510,000
Stock issued to convert notes payable, Value			$ 1,051		13,949		15,000
Beneficial conversion feature					19,571		19,571
Stock issued for services, Shares			5,250,000
Stock issued for services, Value			$ 525		4,725		5,250
Stock issued for financing cost, Shares			8,500,000
Stock issued for financing cost, Value			$ 850		6,500		7,350
Net Loss						(261,263)	(261,263)
Ending Balance, Shares at Mar. 31, 2018	7	60	2,818,577,155
Ending Balance, Value at Mar. 31, 2018			$ 281,858		12,361,825	(13,938,898)	(1,295,215)
Beginning Balance, Shares at Dec. 31, 2017	7	60	2,784,317,155
Beginning Balance, Value at Dec. 31, 2017			$ 278,432		12,293,080	(13,677,635)	(1,106,123)
Net Loss							(714,057)
Ending Balance, Shares at Jun. 30, 2018	7	60	3,101,147,155
Ending Balance, Value at Jun. 30, 2018			$ 310,115		12,696,361	(14,391,692)	(1,385,216)
Beginning Balance, Shares at Dec. 31, 2017	7	60	2,784,317,155
Beginning Balance, Value at Dec. 31, 2017			$ 278,432		12,293,080	(13,677,635)	(1,106,123)
Ending Balance, Shares at Dec. 31, 2018	7	60	3,518,252,964	23,192,857
Ending Balance, Value at Dec. 31, 2018			$ 350,573	$ 2,319	13,109,751	(14,954,819)	(1,492,176)
Beginning Balance, Shares at Mar. 31, 2018	7	60	2,818,577,155
Beginning Balance, Value at Mar. 31, 2018			$ 281,858		12,361,825	(13,938,898)	(1,295,215)
Common stock issued for cash, Shares			125,740,000
Common stock issued for cash, Value			$ 12,574		94,086		106,660
Stock issued to convert notes payable, Shares			4,000,000
Stock issued to convert notes payable, Value			$ 400		4,000		4,400
Beneficial conversion feature					81,500		81,500
Stock issued for services, Shares			148,830,000
Stock issued for services, Value			$ 14,883		147,300		162,183
Stock issued for financing cost, Shares			4,000,000
Stock issued for financing cost, Value			$ 400		7,650		8,050
Net Loss						(452,794)	(452,794)
Ending Balance, Shares at Jun. 30, 2018	7	60	3,101,147,155
Ending Balance, Value at Jun. 30, 2018			$ 310,115		12,696,361	(14,391,692)	(1,385,216)
Beginning Balance, Shares at Dec. 31, 2018	7	60	3,518,252,964	23,192,857
Beginning Balance, Value at Dec. 31, 2018			$ 350,573	$ 2,319	13,109,751	(14,954,819)	(1,492,176)
Common stock issued for cash, Shares			346,066,667
Common stock issued for cash, Value			$ 34,607		327,243		361,850
Stock issued to convert notes payable, Shares			1,284,938
Stock issued to convert notes payable, Value			$ 128		900		1,028
Beneficial conversion feature					10,500		10,500
Stock issued for services, Shares			96,220,616
Stock issued for services, Value			$ 9,622		202,028		211,650
Stock issued for financing cost, Shares			5,000,000
Stock issued for financing cost, Value			$ 500		7,000		7,500
Net Loss						(360,386)	(360,386)
Ending Balance, Shares at Mar. 31, 2019	7	60	3,966,825,185	23,192,857
Ending Balance, Value at Mar. 31, 2019			$ 395,430	$ 2,319	13,657,422	(15,315,205)	(1,260,034)
Beginning Balance, Shares at Dec. 31, 2018	7	60	3,518,252,964	23,192,857
Beginning Balance, Value at Dec. 31, 2018			$ 350,573	$ 2,319	13,109,751	(14,954,819)	$ (1,492,176)
Common stock issued for cash, Shares							506,095,239
Common stock issued for cash, Value							$ 800,750
Beneficial conversion feature							35,600
Net Loss							(941,637)
Ending Balance, Shares at Jun. 30, 2019	7	60	4,183,765,834	3,500,000
Ending Balance, Value at Jun. 30, 2019			$ 417,124	$ 350	14,277,754	(15,896,456)	(1,201,228)
Beginning Balance, Shares at Mar. 31, 2019	7	60	3,966,825,185	23,192,857
Beginning Balance, Value at Mar. 31, 2019			$ 395,430	$ 2,319	13,657,422	(15,315,205)	(1,260,034)
Common stock issued for cash, Shares			160,028,572	3,500,000
Common stock issued for cash, Value			$ 16,003	$ 350	427,547		443,900
Reclass from common stock to be issued, Shares			23,192,857	(23,192,857)
Reclass from common stock to be issued, Value			$ 2,319	$ (2,319)
Stock issued to convert accrued interest on convertible notes payable, Shares			18,869,220
Stock issued to convert accrued interest on convertible notes payable, Value			$ 1,887		88,295		90,182
Stock issued to convert accounts payable, Shares			7,000,000
Stock issued to convert accounts payable, Value			$ 700		6,300		7,000
Beneficial conversion feature					25,100		25,100
Stock issued for services, Shares			7,850,000
Stock issued for services, Value			$ 785		73,090		73,875
Net Loss						(581,251)	(581,251)
Ending Balance, Shares at Jun. 30, 2019	7	60	4,183,765,834	3,500,000
Ending Balance, Value at Jun. 30, 2019			$ 417,124	$ 350	$ 14,277,754	$ (15,896,456)	$ (1,201,228)

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Unaudited Condensed Consolidated Statements Of Cash Flows (Unaudited) - USD ($)	6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018
CASH FLOWS FROM OPERATING ACTIVITIES:
Net loss	$ (941,637)	$ (714,057)
Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation expense		16,992
Amortization right of use asset	7,151
Amortization of beneficial conversion feature and loan fees	34,830	70,537
Interest expense on convertible debt		11,422
Common stock issued for services	206,252	186,519
Common stock issued for closing costs		7,350
Common stock and warrants issued for non-payment of notes payable	7,500
Decrease in:
Prepaid expenses and deposits		(3,824)
Increase (decrease) in:
Accounts payable and accrued expenses	(66,594)	90,196
Operating lease liabilities	(6,996)
Net Cash Used by Operating Activities	(759,494)	(334,865)
CASH FLOWS FROM INVESTING ACTIVITIES:
Additions to property and equipment		(192)
Net Cash Used by Investing Activities		(192)
CASH FLOWS FROM FINANCING ACTIVITIES:
Decrease in bank overdraft	(2,919)
Proceeds from the issuance of common stock	805,750	131,550
Proceeds from the issuance of convertible notes payable	11,000	80,546
Payments on convertible notes payable		(10,000)
Proceeds from the issuance convertible notes payable, related party	32,100	118,500
Payments on convertible notes payable, related party		(26,250)
Payments on convertible notes payable, in default	(46,500)
Advances from shareholder		6,990
Payments to shareholders	(5,048)	(5,340)
Net Cash Provided By Financing Activities	794,383	295,996
NET INCREASE IN CASH	34,889	(39,061)
CASH, BEGINNING OF PERIOD		62,609
CASH, END OF PERIOD	34,889	23,548
Supplemental disclosure of cash flow information:
Cash paid for interest expense		2,711
Cash paid for income taxes
Noncash operating and financing activities:
Convertible debt and accrued interest converted to common stock	91,210	15,000
Operating lease liabilities and right of use asset	22,572
Beneficial conversion feature on convertible notes payable	35,200
Stock issued for prepaid services	$ 145,814

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Description of Business

6 Months Ended

Jun. 30, 2019

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Description of Business

NOTE 1 - DESCRIPTION OF BUSINESS

Seafarer Exploration Corp. (the “Company”), formerly Organetix, Inc. (“Organetix”), was incorporated on May 28, 2003 in the State of Delaware.

The principal business of the Company is to engage in the archaeologically-sensitive exploration, documentation, recovery, and conservation of historic shipwrecks with the objective of exploring and discovering Colonial-era shipwrecks for future generations to be able to appreciate and understand. The Company's wholly owned subsidiary Blockchain LogisTech, LLC, which was formed on April 4, 2018 and began operations in 2019, has a strategic partnership to provide referrals to a provider of blockchain related software services. The Company is also actively seeking revenue generating opportunities in order to generate revenue streams to support its historic shipwreck exploration and recovery operations.

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Going Concern

6 Months Ended

Jun. 30, 2019

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Going Concern

NOTE 2 - GOING CONCERN

These condensed consolidated financial statements have been prepared on a going concern basis, which assumes the Company will be able to realize its assets and discharge its liabilities in the normal course of business for the foreseeable future. The Company has incurred net losses since inception, which raises substantial doubt about the Company’s ability to continue as a going concern. Based on its historical rate of expenditures, the Company expects to expend its available cash in less than one month from August 14, 2019. Management's plans include raising capital through the equity markets to fund operations and, eventually, the generation of revenue through its business. The Company does not expect to generate any revenues for the foreseeable future. At June 30, 2019, the Company had a working capital deficit of $1,294,652. The Company is in immediate need of further working capital and is seeking options, with respect to financing, in the form of debt, equity or a combination thereof.

Failure to raise adequate capital and generate adequate revenues could result in the Company having to curtail or cease operations. The Company’s ability to raise additional capital through the future issuances of the common stock is unknown. Additionally, even if the Company does raise sufficient capital to support its operating expenses and generate adequate revenues, there can be no assurances that the revenue will be sufficient to enable it to develop to a level where it will generate profits and cash flows from operations. These matters raise substantial doubt about the Company's ability to continue as a going concern; however, the accompanying condensed consolidated financial statements have been prepared on a going concern basis, which contemplates the realization of assets and satisfaction of liabilities in the normal course of business. These consolidated financial statements do not include any adjustments relating to the recovery of the recorded assets or the classifications of the liabilities that might be necessary should the Company be unable to continue as a going concern.

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Summary Of Significant Accounting Policies

6 Months Ended

Jun. 30, 2019

Accounting Policies [Abstract]

Summary Of Significant Accounting Policies

NOTE 3 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

This summary of significant accounting policies of Seafarer Exploration Corp. is presented to assist in understanding the Company’s condensed consolidated financial statements. The condensed consolidated financial statements and notes are representations of the Company’s management, who are responsible for their integrity and objectivity. These accounting policies conform to accounting principles generally accepted in the United States of America and have been consistently applied in the preparation of the condensed consolidated financial statements.

Principles of Consolidation

The consolidated financial statements of the Company include the accounts of Blockchain LogisTech, LLC which is a wholly owned subsidiary. Intercompany accounts and transactions have been eliminated in consolidation.

Cash and Cash Equivalents

For purposes of the statement of cash flows, the Company considers all highly liquid investments and short-term debt instruments with original maturities of three months or less to be cash equivalents. There were no cash equivalents at June 30, 2019 and December 31, 2018.

Revenue Recognition

Effective January 1, 2018, the Company adopted ASC Topic 606, “Revenue from Contracts with Customers” (“ASC 606”) and all the related amendments. The Company elected to adopt this guidance using the modified retrospective method. The adoption of this guidance did not have a material effect on the Company’s financial position, results of operations or cash flows. 

The core principle of ASC 606 requires that an entity recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the company expects to be entitled in exchange for those goods or services. ASC 606 defines a five-step process to achieve this core principle and, in doing so, it is possible more judgment and estimates may be required within the revenue recognition process than required under U.S. GAAP including identifying performance obligations in the contract, estimating the amount of variable consideration to include in the transaction price and allocating the transaction price to each separate performance obligation.

Earnings Per Share

The Company has adopted the Financial Accounting Standards Board’s (“FASB”) Accounting Standards Codification (“ASC”) 260-10 which provides for calculation of "basic" and "diluted" earnings per share. Basic earnings per share includes no dilution and is computed by dividing net income or loss available to common stockholders by the weighted average common shares outstanding for the period. Diluted earnings per share reflect the potential dilution of securities that could share in the earnings of an entity.

The potentially dilutive common stock equivalents for the six months ended June 30, 2019 and 2018 were excluded from the dilutive loss per share calculation as they would be antidilutive due to the net loss. As of June 30, 2019 and 2018, there were 553,309,220 and 558,089,442 shares of common stock  underlying our outstanding convertible notes payable and warrants, respectively.  

Fair Value of Financial Instruments

The carrying amounts of financial assets and liabilities, such as cash and cash equivalents, receivables, accounts payable, notes payable and other payables, approximate their fair values because of the short maturity of these instruments.

Impairment of Long-Lived Assets

In accordance with ASC 360-10, the Company, on a regular basis, reviews the carrying amount of long-lived assets for the existence of facts or circumstances, both internally and externally, that suggest impairment. The Company determines if the carrying amount of a long-lived asset is impaired based on anticipated undiscounted cash flows, before interest, from the use of the asset. In the event of impairment, a loss is recognized based on the amount by which the carrying amount exceeds the fair value of the asset. Fair value is determined based on appraised value of the assets or the anticipated cash flows from the use of the asset, discounted at a rate commensurate with the risk involved. There were no impairment charges recorded during the quarters ended June 30, 2019 and 2018.

Use of Estimates

The process of preparing condensed consolidated financial statements in conformity with accounting principles generally accepted in the United States of America requires the use of estimates and assumptions regarding certain types of assets, liabilities, revenues, and expenses. Such estimates primarily relate to unsettled transactions and events as of the date of the condensed consolidated financial statements. Accordingly, upon settlement, actual results may differ from estimated amounts.

Convertible Notes Payable

The Company accounts for conversion options embedded in convertible notes in accordance with ASC 815. ASC 815 provides comprehensive guidance on derivative and hedging transactions. It sets forth the definition of a derivative instrument and specifies how to account for such instruments, including derivatives embedded in hybrid instruments. In addition, ASC 815 establishes when reporting entities, in certain limited, well-defined circumstances, may apply hedge accounting to a relationship involving a designated hedging instrument and hedged exposure. Hedge accounting provides an alternative, special way of accounting for such relationships. ASC 815 also provides guidance on how reporting entities determine whether an instrument is (1) indexed to the reporting entity’s own stock and (2) considered to be settled in the reporting entity’s own stock. Such a determination will dictate whether an instrument should be accounted for as debt or equity and the appropriate accounting for the instrument. Finally, ASC 815 addresses the accounting for non-exchange-traded weather derivatives. ASC 815 generally requires companies to bifurcate conversion options embedded in convertible notes from their host instruments and to account for them as free standing derivative financial instruments. ASC 815 provides for an exception to this rule when convertible notes, as host instruments, are deemed to be conventional, as defined by ASC 815-40. As of June 30, 2019 and 2018, all of the Company’s convertible notes payable were classified as conventional instruments.

The Company accounts for convertible notes deemed conventional and conversion options embedded in non-conventional convertible notes which qualify as equity under ASC 815, in accordance with the provisions of ASC 470-20, which provides guidance on accounting for convertible securities with beneficial conversion features. ASC 470-10 addresses classification determination for specific obligations, such as short-term obligations expected to be refinanced on a long-term basis, due-on-demand loan arrangements, callable debt, sales of future revenue, increasing rate debt, debt that includes covenants, revolving credit agreements subject to lock-box arrangements and subjective acceleration clauses, indexed debt. Accordingly, the Company records, as a discount to convertible notes, the intrinsic value of such conversion options based upon the differences between the fair value of the underlying common stock at the commitment date of the note transaction and the effective conversion price embedded in the note. Debt discounts under these arrangements are amortized over the term of the related debt.

Stock Based Compensation

The Company applies the fair value method of Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) 718, “ Share Based Payment ”, in accounting for its stock-based compensation. This standard states that compensation cost is measured at the grant date based on the fair value of the award and is recognized over the service period, which is usually the vesting period. The Company values stock-based compensation at the market price for the Company’s common stock and other pertinent factors at the grant date.

Through December 31, 2018, the Company accounted for transactions in which services were received from non-employees in exchange for equity instruments based on the fair value of the equity instruments exchanged, in accordance with ASC 505-50, “ Equity Based payments to Non-employees ”. The Company measured the fair value of the equity instruments issued based on the fair value of the Company’s stock on contract execution and recognizes the value of the award over the service period. The Company adopted ASU No. 2018-07, Compensation – Stock Compensation (Topic 718), Improvements to Nonemployee Share-Based Payment Accounting, which is intended to simplify the accounting for nonemployee share-based payment transactions by expanding the scope of Topic 718 to include share-based payment transactions for acquiring goods and services from nonemployees.

Fully vested and non-forfeitable shares issued prior to the services being performed are classified as prepaid expenses.

Leases

In February 2016, the FASB issued ASU 2016-02, Leases (Topic 842). The updated guidance requires lessees to recognize lease assets and lease liabilities for most operating leases. In addition, the updated guidance requires that lessors separate lease and non-lease components in a contract in accordance with the new revenue guidance in ASC 606.

On January 1, 2019, the Company adopted ASU No. 2016-02, applying the package of practical expedients to leases that commenced before the effective date whereby the Company elected to not reassess the following: (i) whether any expired or existing contracts contain leases and; (ii) initial direct costs for any existing leases. For contracts entered into on or after the effective date, at the inception of a contract the Company assessed whether the contract is, or contains, a lease. The Company’s assessment is based on: (1) whether the contract involves the use of a distinct identified asset, (2) whether we obtain the right to substantially all the economic benefit from the use of the asset throughout the period, and (3) whether it has the right to direct the use of the asset. The Company will allocate the consideration in the contract to each lease component based on its relative stand-alone price to determine the lease payments.

Operating lease right of use assets (“ROU”) assets represents the right to use the leased asset for the lease term and operating lease liabilities are recognized based on the present value of the future minimum lease payments over the lease term at commencement date. As most leases do not provide an implicit rate, the Company use an incremental borrowing rate based on the information available at the adoption date in determining the present value of future payments. Lease expense for minimum lease payments is amortized on a straight-line basis over the lease term and is included in general and administrative expenses in the condensed statements of operations.

Recent Accounting Pronouncements

All other recent accounting pronouncements issued by the FASB, including its Emerging Issues Task Force, the American Institute of Certified Public Accountants, and the Securities and Exchange Commission did not or are not believed by management to have a material impact on the Company's present or future consolidated financial statements.

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Stockholders' Deficit

6 Months Ended

Jun. 30, 2019

Capital Stock

Stockholders' Deficit

NOTE 4 – STOCKHOLDERS’ DEFICIT

The Company’s total authorized capital stock consists of 4,900,000,000 shares of common stock, $0.0001 par value per share.

Preferred Stock

The Company is authorized to sell or issue 50,000,000 shares of preferred stock.

Series A Preferred Stock

At June 30, 2019 and December 31, 2018, the Company had seven shares of Series A preferred stock issued and outstanding. Each share of Series A preferred stock has the right to convert into 214,289 shares of the Company’s common stock.  

Series B Preferred Stock

On February 10, 2014, the Board of Directors of the Company under the authority granted under Article V of the Articles of Incorporation, defined and created a new preferred series of shares from the 50,000,000 authorized preferred shares. Pursuant to Article V, the Board of Directors has the power to designate such shares and all powers and matters concerning such shares. Such share class shall be designated Preferred Class B. The preferred class was created for 60 Preferred Class B shares. Such shares each have a voting power equal to one percent of the outstanding shares issued (totaling 60%) at the time of any vote action as necessary for share votes under Florida law, with or without a shareholder meeting.  Such shares are non-convertible to common stock of the Company and are not considered as convertible under any accounting measure. Such shares shall only be held by the Board of Directors as a Corporate body, and shall not be placed into any individual name. Such shares were considered issued at the time of this resolution’s adoption, and do not require a stock certificate to exist, unless selected to do so by the Board for representational purposes only.  Such shares are considered for voting as a whole amount, and shall be voted for any matter by a majority vote of the Board of Directors. Such shares shall not be divisible among the Board members, and shall be voted as a whole either for or against such a vote upon the vote of the majority of the Board of Directors. In the event that there is any vote taken which results in a tie of a vote of the Board of Directors, the vote of the Chairman of the Board shall control the voting of such shares. Such shares are not transferable except in the case of a change of control of the Corporation when such shares shall continue to be held by the Board of Directors. Such shares have the authority to vote for all matters that require a share vote under Florida law and the Articles of Incorporation.

Common Stock Issuances

During the six month period ended June 30, 2019, the Company issued the following shares of common stock:

The Company issued or agreed to issue 506,095,239 shares for total proceeds of $800,750.

The Company issued 1,284,938 shares for the conversion of $1,000 of convertible note principal and $28 of accrued interest for a total of $1,028.

The Company issued 106,170,616 fully vested and non-forfeitable common stock shares for services provided by consultants, contractors, advisory members, board members, and other service providers (see Note 9). We determined the fair value of the shares issued using the stock price on date of issuance. Compensation expense is recognized as the services are provided to the Company. For the three and six-month periods ended June 30, 2019, we incurred $59,325 and $254,175 of compensation expense for stock issued for services and have prepaid expenses of $81,733 at June 30, 2019 for stock issued prior to services being performed.

The Company issued 5,000,000 shares to one of our convertible note payable lenders as a penalty for failure to repay the convertible note when due. The fair value of these shares was determined to be $7,500 based on the market price of the stock on date issued in accordance with the convertible note payable agreement.

The Company issued 18,869,220 shares to settle $90,182 of accrued interest owed on fourteen convertible notes payable.

The Company issued 7,000,000 shares to settle an account payable in the amount of $7,000.

Warrants and Options

The Company did not issue any warrants or options during the six month period ended June 30, 2019.

At June 30, 2019 the Company had warrants to purchase a total of 33,000,000 shares of its restricted common stock outstanding.

The following table shows the warrants outstanding at June 30, 2019:

		Number of Shares
Term		June 30, 2018		Exercise Price
	11/10/12 to 11/20/22		4,000,000		0.0050
	09/18/15 to 09/18/20		4,000,000		0.0030
	09/10/17 to 09/10/19		15,000,000		0.0250
	09/10/17 to 09/10/19		10,000,000		0.0250
			33,000,000

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Investment in Probabilities and Statistics, Inc.

6 Months Ended

Jun. 30, 2019

Notes to Financial Statements

Investment in Probabilities and Statistics, Inc.

NOTE 5 – INVESTMENT IN PROBABILITY AND STATISTICS, INC.

The Company entered into a share exchange agreement with Probability and Statistics, Inc. (“P&S”), a privately held corporation, in August of 2018.

Under the terms of the share exchange agreement, the Company agreed to issue 60,000,000 shares of its restricted common stock to P&S in exchange for 10,000 common shares of P&S or a 1% interest. All shares issued by both parties under the agreement have all rights and entitlements as the common stock of every other shareholder of such share class.

The investment in P&S was valued at $78,000. The value of the investment in P&S was accounted for as the total value of the Company’s shares issued to P&S on the date of the share exchange agreement.

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Lease Obligation

6 Months Ended

Jun. 30, 2019

Accounting Policies [Abstract]

Lease Obligation

NOTE 6 - LEASE OBLIGATION

Operations House

The Company has an operating lease for a house located in Palm Bay, Florida. The Company uses the house to store equipment and gear and to provide temporary work-related living quarters for its divers, personnel, consultants and independent contractors involved in its exploration and recovery operations. The term of the lease agreement commenced on October 1, 2015 and expired on October 31, 2016.  The Company pays $1,300 per month to lease the operations house. The term of the lease expired in October 2016, the Company is leasing the operations house on a month-to-month basis and anticipates continuing to lease the house for the foreseeable future. 

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Operating Lease and Right-Of-Use Assets and Operating Lease Liabilities

6 Months Ended

Jun. 30, 2019

Operating Lease And Right-of-use Assets And Operating Lease Liabilities

Operating Lease and Right-Of-Use Assets and Operating Lease Liabilities

NOTE 7 - OPERATING LEASE AND RIGHT-OF-USE ASSETS AND OPERATING LEASE LIABILITIES

Operating lease right-of-use assets and liabilities are recognized at the present value of the future lease payments at the lease commencement date. The interest rate used to determine the present value is our incremental borrowing rate, estimated to be 6%, as the interest rate implicit in most of our leases is not readily determinable. Operating lease expense is recognized on a straight-line basis over the lease term. During the three and six months ended June 30, 2019 and 2018, the Company recorded $3,945 and $0 and $7,890 and $0, respectively, as operating lease expense which is included in rent expenses on the statements of operations.

The Company leases 823 square feet of office space located at 14497 North Dale Mabry Highway, Suite 209-N, Tampa, Florida 33618. The Company entered into an amended lease agreement commencing on July 20, 2017 through June 30, 2020 with base month rents of $1,252 from July 1, 2017 to June 30, 2018, $1,289 from July 1, 2018 to June 30, 2019, and $1,328 from July 1, 2019 to June 30, 2020. Under the terms of the lease there may be additional fees charged about the base monthly rental fee.

In adopting ASC Topic 842, Leases (Topic 842), the Company has elected the ‘package of practical expedients’, which permit it not to reassess under the new standard its prior conclusions about lease identification, lease classification and initial direct costs. The Company did not elect the use-of-hindsight or the practical expedient pertaining to land easements; the latter is not applicable to the Company. In addition, the Company elected not to apply ASC Topic 842 to arrangements with lease terms of 12 month or less. On January 1, 2019, upon adoption of ASC Topic 842, the Company recorded right-of-use assets and lease liabilities of $22,575.

Right-of- use assets are summarized below:

	June 30,2019
	(Unaudited)
Office lease (remaining lease term of 12 months)	$	22,575
Less accumulated amortization		(7,151	)
Right-of-use assets, net	$	15,424

Amortization on the right -of -use asset is included in rent expense on the statements of operations.

Operating Lease liabilities are summarized below:

	June 30,2019
	(Unaudited)
Office lease	$	15,580
Less: current portion		(15,580	)
Long term portion		—

Maturity of lease liabilities are as follows:

Six months ended June 30, 2019	$	7,968
Year ending 2020		7,968
Less: Present value discount		(356	)
Lease liability	$	15,580

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Convertible Notes Payable and Notes Payable

6 Months Ended

Jun. 30, 2019

Debt Disclosure [Abstract]

Convertible Notes Payable And Notes Payable

NOTE 8 - CONVERTIBLE NOTES PAYABLE AND NOTES PAYABLE

Upon inception, the Company evaluates each financial instrument to determine whether it meets the definition of “conventional convertible” debt under ASC 470.

Convertible Notes Payable

The following table reflects the convertible notes payable at June 30, 2019:

Date	Due Date		Principal Balance		Rate			Conversion Rate
Convertible notes payable
01/03/19		07/03/19	$	1,000		6.00	%		0.00100
03/16/19		09/16/19	$	10,000		6.00	%		0.00100
Subtotal convertible notes payable			$	11,000
Less unamortized discounts			$	4,248
Balance, convertible notes payable			$	6,752
Convertible notes payable - related parties
01/08/19		07/08/19	$	7,000		6.00	%		0.00080
04/25/19		12/23/19	$	20,000		6.00	%		0.00400
06/07/19		12/07/19	$	5,100		6.00	%		0.00300
Sub-Total notes payable - related parties			$	32,100
Less unamortized discounts			$	12,984
Balance, convertible notes payable - related parties			$	19,116
Convertible notes payable - in default
08/28/09		11/01/09	$	4,300		10.00	%		0.01500
04/07/10		11/07/10	$	70,000		6.00	%		0.00800
11/12/10		11/12/11	$	40,000		6.00	%		0.00500
10/31/12		04/30/13	$	8,000		6.00	%		0.00400
11/20/12		05/20/13	$	50,000		6.00	%		0.00500
01/19/13		07/30/13	$	5,000		6.00	%		0.00400
02/11/13		08/11/13	$	9,000		6.00	%		0.00600
09/25/13		03/25/14	$	10,000		6.00	%		0.01250
10/04/13		04/04/14	$	50,000		6.00	%		0.01250
10/30/13		10/30/14	$	50,000		6.00	%		0.01250
05/15/14		11/15/14	$	40,000		6.00	%		0.00700
10/13/14		04/13/15	$	25,000		6.00	%		0.00500
06/29/15		12/29/15	$	25,000		6.00	%		0.00300
09/18/15		03/18/16	$	25,000		6.00	%		0.00200
04/04/16		10/04/16	$	10,000		6.00	%		0.00100
07/19/16		07/19/17	$	4,000		6.00	%		0.00150
08/24/16		02/24/17	$	20,000		6.00	%		0.00100
03/06/18		09/06/18	$	6,000		6.00	%		0.00060
02/06/18		11/07/18	$	6,000		6.00	%		0.00060
10/29/18		04/29/19	$	3,000		6.00	%		0.00070
Sub-Total convertible notes payable - in default			$	460,300

Convertible notes payable - related parties, in default
	01/09/09	01/09/10	$	10,000	10.00	%	0.01500
	01/25/10	01/25/11	$	6,000	6.00	%	0.00500
	01/18/12	07/18/12	$	50,000	8.00	%	0.00400
	01/19/13	07/30/13	$	15,000	6.00	%	0.00400
	07/26/13	01/26/14	$	10,000	6.00	%	0.01000
	01/17/14	07/17/14	$	31,500	6.00	%	0.00600
	05/27/14	11/27/14	$	7,000	6.00	%	0.00700
	07/21/14	01/25/15	$	17,000	6.00	%	0.00800
	10/16/14	04/16/15	$	21,000	6.00	%	0.00450
	07/14/15	01/14/16	$	9,000	6.00	%	0.00300
	01/12/16	07/12/16	$	5,000	6.00	%	0.00200
	05/10/16	11/10/16	$	5,000	6.00	%	0.00050
	05/10/16	11/10/16	$	5,000	6.00	%	0.00050
	05/20/16	11/20/16	$	5,000	6.00	%	0.00050
	07/12/16	01/12/17	$	2,400	6.00	%	0.00060
	01/26/17	03/12/17	$	5,000	6.00	%	0.00050
	02/14/17	08/14/17	$	25,000	6.00	%	0.00075
	08/16/17	09/16/17	$	3,000	6.00	%	0.00080
	03/14/18	05/14/18	$	25,000	6.00	%	0.00070
	04/04/18	06/04/18	$	3,000	6.00	%	0.00070
	04/11/18	06/11/18	$	25,000	6.00	%	0.00070
	05/08/18	07/08/18	$	25,000	6.00	%	0.00070
	05/30/18	08/30/18	$	25,000	6.00	%	0.00070
	06/12/18	09/12/18	$	3,000	6.00	%	0.00070
	06/20/18	09/12/18	$	500	6.00	%	0.00070
	01/09/18	01/09/19	$	12,000	6.00	%	0.00060
	08/27/18	02/27/19	$	2,000	6.00	%	0.00070
	10/02/18	04/02/19	$	1,000	6.00	%	0.00080
	10/23/18	04/23/19	$	4,200	6.00	%	0.00070
	11/07/18	05/07/19	$	2,000	6.00	%	0.00080
	11/14/18	05/14/19	$	8,000	6.00	%	0.00080
Sub-Total convertible notes payable - related parties, in default			$	367,600
Balance - convertible notes payable			$	853,768

Notes Payable

The following table reflects the notes payable at June 30, 2019:

Date	Due Date	Principal Balance		Rate
Notes payable
11/29/17	11/29/19	$	105,000		2.06	%	NA
Balance		$	105,000
Less unamortized discounts		$	7,071
Balance notes payable		$	97,929
Notes payable - in default
04/27/11	04/27/12	$	5,000		6.00	%	NA
06/23/11	08/23/11	$	25,000		6.00	%	NA
12/14/17	12/14/18	$	75,000		6.00	%	NA
Balance		$	105,000

Notes payable - related parties, in default

02/24/10	02/24/11	$	7,500	6.00	%	NA
10/06/15	11/15/15	$	10,000	6.00	%	NA
02/08/18	04/09/18	$	1,000	6.00	%	NA
Balance		$	18,500
Balance - notes payable		$	221,429

New Convertible Notes Payable and Notes Payable

During the six month period ended June 30, 2019 the Company entered into the following Convertible Notes Payable and Notes Payable Agreements:

In January of 2019, the Company entered into a convertible promissory note agreement in the amount of $1,000 with an individual. This loan pays interest at a rate of 6% per annum and the principal and accrued interest was due on or before July 3, 2019. The note is unsecured and is convertible at the lender’s option into shares of the Company’s common stock at a rate of $0.001 per share.

In January of 2019, the Company entered into a convertible promissory note agreement in the amount of $7,000 with a related party. This note pays interest at a rate of 6% per annum and the principal and accrued interest are due on or before July 8, 2019. The note is unsecured and is convertible at the lender’s option into shares of the Company’s common stock at a rate of $0.008 per share.

In March of 2019, the Company entered into a convertible promissory note agreement in the amount of $10,000 with an individual. This loan pays interest at a rate of 6% per annum and the principal and accrued interest are due on or before September 16, 2019. The note is unsecured and is convertible at the lender’s option into shares of the Company’s common stock at a rate of $0.0010 per share.

In April of 2019, the Company entered into a convertible promissory note agreement in the amount of $20,000 with a related party. This note pays interest at a rate of 6% per annum and the principal and accrued interest are due on or before October 23, 2019. The note is unsecured and is convertible at the lender’s option into shares of the Company’s common stock at a rate of $0.004 per share.

In June of 2019, the Company entered into a convertible promissory note agreement in the amount of $5,100 with a related party. This note pays interest at a rate of 6% per annum and the principal and accrued interest are due on or before December 7, 2019. The note is unsecured and is convertible at the lender’s option into shares of the Company’s common stock at a rate of $0.003 per share.

For the six month period ended June 30, 2019, the Company recorded a beneficial conversion feature of $35,600 on the convertible notes payable issued which was recorded as discount and will be amortized to interest expense over the related term of the convertible debt. For the six month period ended June 30, 2019, the Company recorded amortization of debt discounts of $27,357. For the three month period ended June 30, 2019, the Company recorded a beneficial conversion feature of $25,100 on the convertible notes payable issued which was recorded as discount and will be amortized to interest expense over the related term of the convertible debt. For the three month period ended June 30, 2019, the Company recorded amortization of debt discounts of $17,594.

Note Conversions

During the three month period ended March 31, 2019: 

A lender converted the principal and accrued interest for a convertible promissory note outstanding with a principal balance of $1,000 into 1,284,938 shares of the Company’s common stock. The remaining principal balance of this note was $0 at June 30, 2019.

During the three month period ended June 30, 2019:

The Company issued 18,869,220 shares to settle $90,182 of accrued interest owed on fourteen convertible notes payable.

Shareholder Loans

At June 30, 2019 the Company had a loan outstanding to its CEO in the amount of $1,500. The loan has a 2% annual rate of interest and an option to convert the loan into restricted shares of the Company’s common stock at $0.0005. During the three month period ended June 30, 2019 the Company repaid the principal balance of $200 of a loan owed to its CEO.

Convertible Notes Payable and Notes Payable, in Default

The Company does not have additional sources of debt financing to refinance its convertible notes payable and notes payable that are currently in default. If the Company is unable to obtain additional capital, such lenders may file suit, including suit to foreclose on the assets held as collateral for the obligations arising under the secured notes. If any of the lenders file suit to foreclose on the assets held as collateral, then the Company may be forced to significantly scale back or cease its operations which would more than likely result in a complete loss of all capital that has been invested in or borrowed by the Company. The fact that the Company is in default of several promissory notes held by various lenders makes investing in the Company or providing any loans to the Company extremely risky with a very high potential for a complete loss of capital.  

The convertible notes that have been issued by the Company are convertible at the lender’s option. These convertible notes represent significant potential dilution to the Company’s current shareholders as the convertible price of these notes is generally lower than the current market price of the Company’s shares. As such when these notes are converted into shares of the Company’s common stock there is typically a highly dilutive effect on current shareholders and very possible that such dilution may significantly negatively affect the trading price of the Company’s common stock.

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Material Agreements

6 Months Ended

Jun. 30, 2019

Commitments and Contingencies Disclosure [Abstract]

Material Agreements

NOTE 9 – MATERIAL AGREEMENTS

Agreement to Explore a Shipwreck Site Located off of Brevard County, Florida

In March of 2014, Seafarer entered into a partnership and ownership with Marine Archaeology Partners, LLC, with the formation of Seafarer’s Quest, LLC. Such LLC was formed in the State of Florida for the purpose of permitting, exploration and recovery of artifacts from a designated area on the east coast of Florida. Such site area is from a defined, contracted area by a separate entity, which a portion of such site is designated from a previous contracted holding through the State of Florida. Under such agreement, Seafarer is responsible for costs of permitting, exploration and recovery, and is entitled to 60% of such artifact recovery. Seafarer has a 50% ownership, with designated management of the LLC coming from Seafarer.

Florida Division of Historical Resources Agreements/Permits

The Company successfully renewed its permits for both Areas 1 and 2 for the Melbourne Beach site. The Area 2 permit was renewed on January 14, 2019 for a period of three years. The Area 1 permit was renewed on March 1, 2019 for a period of three years.

Federal Admiralty Judgement

As previously noted on its form 8-K filed on November 22, 2017, Seafarer was granted, through the United States District Court for the Southern District of Florida, a final judgment for its federal admiralty claim on the Juno Beach shipwreck site. 

Agreement with Probability and Statistics, Inc.

Seafarer acquired a 1% ownership position in Probability and Statistics, Inc. (P&S) for an exchange of shares of Seafarer’s restricted common stock (See Note 5).

Certain Other Agreements and Commitments

In January of 2019, the Company extended the term of previous agreements with four individuals to continue serving as members of the Company’s Board of Directors. Two of the individuals are related to the Company’s CEO. Under the agreement, the Directors agreed to provide various services to the Company including making recommendations for both the short term and the long term business strategies to be employed by the Company, monitoring and assessing the Company's business and to advise the Company’s Board of Directors with respect to an appropriate business strategy on an ongoing basis, commenting on proposed corporate decisions and identifying and evaluating alternative courses of action, making suggestions to strengthen the Company's operations, identifying and evaluating external threats and opportunities to the Company, evaluating and making ongoing recommendations to the Board with respect for one year and may be terminated by either the Company or the Director by providing written notice to the other party. The previous agreement also terminates automatically upon the death, resignation or removal of the Directors. Under the terms of the agreement, the Company agreed to compensate two of the individuals via payment of 22,000,000 restricted shares of its common stock each, and two of the individuals via payment of 3,666,667 shares of the Company’s restricted common stock, an aggregate total of 51,333,334 shares, and to negotiate future compensation on a year-by-year basis. The Company also agreed to reimburse the individuals for preapproved expenses.

In January of 2019 the Company entered into a services agreement with a limited liability company. Under the terms of the agreement the limited liability company agreed to provide engineering review and assessment, systems engineering, program management, technical team coordination, consultative support, etc. as deemed appropriate by the Company. The Company agreed to pay the limited liability company various rates ranging from $35 to $125 per hour depending on the specific services provided. The term of the agreement is until January 24, 2020 unless otherwise extended or terminated in writing by either party.

In January of 2019 the Company entered into a consulting agreement with a limited liability company for corporate identity and digital branding services. Under the terms of the agreement the Company paid the consultant 5,000,000 shares of its restricted common stock. The term of the agreement is open ended.

In February of 2019, the Company issued a consultants 5,300,000 shares of its restricted common for business consulting and advisory services.

In February of 2019, the Company issued 12,500,000 shares of its restricted common stock for past legal services. The attorney agreed that the payment of the 12,500,000 shares satisfied all outstanding debts for legal services owed the law firm.

During the six month period ended June 30, 2019, the Company issued a consultant a total of 3,000,000 share its restricted common stock in conjunction with a consulting agreement from July 2018 for social media and website management.

During the six month period ended June 30, 2019, the Company issued a total of 7,000,000 share its restricted common stock on various dates under consulting agreements for assistance with procuring a marina slip, general business consulting and corporate communications.

During the six month period ended June 30, 2019, the Company issued a consultant a total of 3,000,000 shares of its restricted common stock in conjunction with a consulting agreement from July 2018 for social media and website management.

In March of 2019, the Company issued three independent contractors a total of 600,000 share its restricted common stock as a bonus for providing services to the Company on favorable terms including the willingness to defer cash payments for lengthy periods of time.

In March of 2019, the Company entered into an independent contractor agreement with an individual for technology consulting services. Under the terms of the agreement the Company agreed to issue 3,500,000 shares of the Company’s restricted common stock. The agreement is effective until the September 16, 2019.

In March of 2019, the Company entered into an agreement with an individual to provide continuing technology consulting services regarding the development of a submersible device for potential use in the Company’s operations. The Company agreed to pay the consultant $7,000 per month for three months plus an additional $3,000 per month in restricted shares of the Company’s restricted common stock. The Company issued the consultant 987,282 shares of its restricted common stock. The term of the agreement is for three months until June 6, 2019. The Company terminated its agreement with the consultant in May of 2019.

In March of 2019, the Company entered into an agreement with two individuals to join or rejoin the Company’s advisory council. Under the advisory council agreement the advisors agreed to provide various advisory services to the Company, including making recommendations for both the short term and the long term business strategies to be employed by the Company, monitoring and assessing the Company's business and to advise the Company’s Board of Directors with respect to an appropriate business strategy on an ongoing basis, commenting on proposed corporate decisions and identifying and evaluating alternative courses of action, making suggestions to strengthen the Company's operations, identifying and evaluating external threats and opportunities to the Company, evaluating and making ongoing recommendations to the Board with respect to the Company's business, and providing such other advisory or consulting services as may be appropriate from time to time. The term of each of the advisory council agreement is for one year. In consideration for the performance of the advisory services, the Company agreed to issue the advisors an aggregate total of 7,000,000 shares of restricted common stock, 5,000,000 shares to one advisor and 2,000,000 shares to the other advisor. If the advisors or the Company terminates the advisory council agreement prior to the expiration of the one year term, the advisors agreed to return to the Company for cancellation any portion of the shares that have not vested. Under the advisory council agreement, the Company has agreed to reimburse the advisors for pre approved expenses.

In April of 2019 the Company entered into a consulting agreement with an individual to provide corporate communications services. Under the terms of the agreement the Company agreed to pay the consultant $3,500 per month for three months and a total of 1,000,000 shares of the Company’s restricted common stock. The Company also agreed to pay the certain pre approved expenses. The Company issued all 1,000,000 shares of the stock owed under the agreement.

In April and May of 2019 the Company issued 3,950,000 shares of its restricted common stock to three independent contractors as a bonus for providing services to the Company on favorable terms including the willingness to defer cash payments for lengthy periods of time.

In June of 2019 the Company entered into a consulting agreement with an individual for various non-dive related operations management consulting services related to its exploration and recovery operations. The term of the agreement is for one month and the Company issued 2,500,000 shares of its restricted common stock to the consultant.

In June of 2019, the Company entered into an agreement with an individual to join the Company’s advisory council. Under the advisory council agreement the advisor agreed to provide various advisory services to the Company, including making recommendations for both the short term and the long term business strategies to be employed by the Company, monitoring and assessing the Company's business and to advise the Company’s Board of Directors with respect to an appropriate business strategy on an ongoing basis, commenting on proposed corporate decisions and identifying and evaluating alternative courses of action, making suggestions to strengthen the Company's operations, identifying and evaluating external threats and opportunities to the Company, evaluating and making ongoing recommendations to the Board with respect to the Company's business, and providing such other advisory or consulting services as may be appropriate from time to time. The term of the advisory council agreement is for one year. In consideration for the performance of the advisory services, the Company agreed to issue the advisor a total of 400,000 shares of restricted common stock. If the advisor or the Company terminates the advisory council agreement prior to the expiration of the one year term, the advisors agreed to return to the Company for cancellation any portion of the shares that have not vested. Under the advisory council agreement, the Company has agreed to reimburse the advisors for pre approved expenses.

The Company has an informal consulting agreement with a limited liability company that is owned and controlled by a person who is related to the Company’s CEO to pay the related party limited liability company a minimum of $3,500 per month plus periodic bonuses to provide general business consulting and assessing the Company's business and to advise management with respect to an appropriate business strategy on an ongoing basis, commenting on proposed corporate decisions, perform period background research including background checks and provide investigative information on individuals and companies and to assist, when needed, as an administrative specialist to perform various administrative duties and clerical services including reviewing the Company’s agreements and books and records. The consultant provides the services under the direction and supervision of the Company’s CEO. At June 30, 2019 the Company owed the related party consultant $0 for services rendered. At December 31, 2018 the Company owed the related party limited liability company $11,150. The consultant provides the services under the direction and supervision of the Company’s CEO.

The Company has an ongoing agreement with a limited liability company that is owned and controlled by a person who is related to the Company’s CEO to provide stock transfer agency services. At June 30, 2019 the Company owed the related party limited liability company $6,577 for services rendered. At December 31, 2018 the Company owed the related party limited liability company $4,385.

The Company has an agreement to pay an individual a minimum monthly fee of $2,500 per month for archeological consulting services.

The Company has an informal agreement to pay an individual consultant a minimum of $3,500 per month for administrative and shareholder support and services.

The Company has an informal consulting agreement to pay a limited liability company a minimum of $6,500 per month for business advisory, strategic planning and consulting services, assistance with financial reporting, IT management, and administrative services. The Company also agreed to reimburse the consultant for expenses. The agreement may be terminated by the Company or the consultant at any time.

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Legal Proceedings

6 Months Ended

Jun. 30, 2019

Commitments and Contingencies Disclosure [Abstract]

Legal Proceedings

NOTE 10 – LEGAL PROCEEDINGS

On June 18, 2013, Seafarer began litigation against Tulco Resources, LLC, in a lawsuit filed in the Circuit Court in and for Hillsborough County, Florida. Such suit was filed for against Tulco based upon for breach of contract, equitable relief and injunctive relief. Tulco was the party holding the rights under a permit to a treasure site at Juno Beach, Florida. Tulco and Seafarer had entered into contracts in March 2008, and later renewed under an amended agreement on June 11, 2010. Such permit was committed to by Tulco to be an obligation and contractual duty to which they would be responsible for payment of all costs in order for the permit to be reissued. Such obligation is contained in the agreement of March 2008 which was renewed in the June 2010 agreement between Seafarer and Tulco. Tulco made the commitment to be responsible for payments of all necessary costs for the gaining of the new permit. Tulco never performed on such obligation, and Seafarer during the period of approximately March 2008 and April 2012 had endeavored and even had to commence a lawsuit to gain such permit which was awarded in April 2012. Seafarer alleged in its complaint the expenditure of large amounts of shares and monies for financing and for delays due to Tulco’s non-performance. Seafarer sought monetary damages and injunctive relief for the award of all rights held by Tulco to Seafarer. Seafarer gained a default and final Judgment on such matter on July 23, 2014. Seafarer is now in position to receive the renewed permit in Seafarer’s name and rights only, with Tulco removed per the Order of the Court. On March 4, 2015, the Court awarded full rights to the Juno sight to Seafarer Exploration, erasing all rights of Tulco Resources. The Company filed an Admiralty Claim over such site in the United States District Court. On October 21, 2016 a hearing on the Admiralty Claim in the United States District Court for the Southern District of Florida was held, where the Court Ordered actions to take place for ongoing admiralty claim. The Court subsequently entered and Order directing the arrest warrant for such site, and such arrest warrant was issued by the Clerk of Court. Such arrest warrant was served by the United States Marshalls Office in Palm Beach, Florida on July 7, 2017. The United States District Court Judge ordered service on the claim on August 10, 2017. On November 14, 2017, Judge Kenneth Marra of the United States District Court awarded Seafarer all rights as the sole owner of the sunken vessel and any items on such site.

On September 3, 2014, the Company filed a lawsuit against Darrel Volentine, of California. Mr. Volentine was sued in two counts of libel per se under Florida law, as well as a count for injunction against the Defendant to exclude and prohibit internet postings. Such lawsuit was filed in the Circuit Court in Hillsborough County, Florida. Such suit is based upon internet postings on www.investorshub.com . On or about October 15, 2015, the Company and Volentine entered into a stipulation whereby Volentine admitted to his tortious conduct, however the stipulated damages agreed to were rejected by the Court. The Defendant is the subject of a contempt of court motion which was heard on April 7, 2016, whereby the Court found a violation and modified the injunction against the Defendant, and imposed other matters of potential penalties against the Defendant. The Court also awarded attorney’s fees against the Defendant on behalf of Seafarer for such motion. The Defendant subsequently attempted to have such ruling, evidence and testimony attacked through a motion heard before the Court on October 24, 2016. The Court dismissed the Defendant’s motion after presentation of the Defendant’s case at the hearing. The Plaintiff had set the matter for entry of the attorney’s fees amount due from the Defendant for hearing in December 2016. As well the Plaintiff has set for hearing its motion for sanctions in the form of attorney’s fees for frivolous filing of the October 24th motion, which motion was also set for hearing in December 2016. The Plaintiff filed a renewed and amended motion for punitive damages in the case on September 11, 2016, which has not been set for hearing. The Defendant had also filed a motion for summary judgment on the matter of notice entitlement pre-suit, which motion is pending before the Court. The Plaintiff filed a motion for sanctions against the Defendant for the motion for summary judgment being frivolous under existing law, and such motion is pending ruling on the motion. Discovery is ongoing on such case. On December 7, 2016, the Court held a hearing on the Defendant’s motion for sanctions, and essentially attempting to rehear the motion for contempt against the Defendant. The Court dismissed the Defendant’s motions, and renewed the ability of the Company to seek attorney’s fees on such matter, which hearing has not been set at present. On February 28, 2017, the Court entered an Order denying the Defendant’s motion for summary judgment. The Company has a pending motion for sanctions related to the Defendant’s filing of the motion for summary judgment which has not been set for hearing. The Company will be attempting to set such matter for trial during 2019.

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Related Party Transactions

6 Months Ended

Jun. 30, 2019

Notes to Financial Statements

Related Party Transactions

NOTE 11 – RELATED PARTY TRANSACTIONS

During the six month period ended June 30, 2019 the Company has had extensive dealings with related parties including the following:

In January of 2019, the Company entered into a convertible promissory note agreement in the amount of $7,000 with an individual who is related to the Company’s CEO. This note pays interest at a rate of 6% per annum and the principal and accrued interest are due on or before July 8, 2019. The note is unsecured and is convertible at the lender’s option into shares of the Company’s common stock at a rate of $0.008 per share. This note is currently in default due to non payment of principal and interest.

In April of 2019, the Company entered into a convertible promissory note agreement in the amount of $20,000 with a related party. This note pays interest at a rate of 6% per annum and the principal and accrued interest are due on or before October 23, 2019. The note is unsecured and is convertible at the lender’s option into shares of the Company’s common stock at a rate of $0.004 per share.

In June of 2019, the Company entered into a convertible promissory note agreement in the amount of $5,100 with a related party. This note pays interest at a rate of 6% per annum and the principal and accrued interest are due on or before December 7, 2019. The note is unsecured and is convertible at the lender’s option into shares of the Company’s common stock at a rate of $0.003 per share.

On various dates during the six month period ended June 30, 2019 the Company repaid its CEO a total of $5,048 principal and accrued interest to repay various outstanding loans.

The Company has an informal consulting agreement with a limited liability company that is owned and controlled by a person who is related to the Company’s CEO to pay the related party limited liability company a minimum of $3,500 per month plus periodic bonuses to provide general business consulting and assessing the Company's business and to advise management with respect to an appropriate business strategy on anongoing basis, commenting on proposed corporate decisions, perform period background research including background checks and provide investigative information on individuals and companies and to assist, when needed, as an administrative specialist to perform various administrative duties and clerical services including reviewing the Company’s agreements and books and records. The consultant provides the services under the direction and supervision of the Company’s CEO. At June 30, 2019 the Company owed the related party consultant $0 for services rendered. At December 31, 2018 the Company owed the related party limited liability company $11,150. The consultant provides the services under the direction and supervision of the Company’s CEO.

The Company has an ongoing agreement with a limited liability company that is owned and controlled by a person who is related to the Company’s CEO to provide stock transfer agency services. At June 30, 2019 the Company owed the related party limited liability company $6,577 for services rendered. At December 31, 2018 the Company owed the related party limited liability company $4,385.

At June 30, 2019 the following promissory notes and shareholder loans were outstanding to related parties:

See Note 8 convertible notes payable and notes payable - related parties and related parties in default.

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Subsequent Events

6 Months Ended

Jun. 30, 2019

Subsequent Events [Abstract]

Subsequent Events

NOTE 12 – SUBSEQUENT EVENTS

Subsequent to June 30, 2019 the Company sold or issued shares of its common stock as follows :

(i)	sales of 43,449,998 shares of common stock under subscription agreements for approximately $145,000 in proceeds, used for general corporate purposes, working capital and repayment of debt; and
(ii)	issuance of 6,300,000 shares of common stock for services.

Subsequent to June 30, 2019 the following convertible notes payable went into default:

1)	A convertible note payable originally due July 3, 2019 with a face amount of $1,000; and
2)	A convertible note payable due to a related party originally due July 8, 2019 with a face amount of $7,000.

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Summary Of Significant Accounting Policies (Policies)

6 Months Ended

Jun. 30, 2019

Accounting Policies [Abstract]

Principles of Consolidation

Principles of Consolidation

The consolidated financial statements of the Company include the accounts of Blockchain LogisTech, LLC which is a wholly owned subsidiary. Intercompany accounts and transactions have been eliminated in consolidation.

Cash and Cash Equivalents

Cash and Cash Equivalents

For purposes of the statement of cash flows, the Company considers all highly liquid investments and short-term debt instruments with original maturities of three months or less to be cash equivalents. There were no cash equivalents at June 30, 2019 and December 31, 2018.

Revenue Recognition

Revenue Recognition

Effective January 1, 2018, the Company adopted ASC Topic 606, “Revenue from Contracts with Customers” (“ASC 606”) and all the related amendments. The Company elected to adopt this guidance using the modified retrospective method. The adoption of this guidance did not have a material effect on the Company’s financial position, results of operations or cash flows. 

The core principle of ASC 606 requires that an entity recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the company expects to be entitled in exchange for those goods or services. ASC 606 defines a five-step process to achieve this core principle and, in doing so, it is possible more judgment and estimates may be required within the revenue recognition process than required under U.S. GAAP including identifying performance obligations in the contract, estimating the amount of variable consideration to include in the transaction price and allocating the transaction price to each separate performance obligation.

Earnings Per Share

Earnings Per Share

The Company has adopted the Financial Accounting Standards Board’s (“FASB”) Accounting Standards Codification (“ASC”) 260-10 which provides for calculation of "basic" and "diluted" earnings per share. Basic earnings per share includes no dilution and is computed by dividing net income or loss available to common stockholders by the weighted average common shares outstanding for the period. Diluted earnings per share reflect the potential dilution of securities that could share in the earnings of an entity.

The potentially dilutive common stock equivalents for the six months ended June 30, 2019 and 2018 were excluded from the dilutive loss per share calculation as they would be antidilutive due to the net loss. As of June 30, 2019 and 2018, there were 553,309,220 and 558,089,442 shares of common stock  underlying our outstanding convertible notes payable and warrants, respectively.  

Fair Value of Financial Instruments

Fair Value of Financial Instruments

The carrying amounts of financial assets and liabilities, such as cash and cash equivalents, receivables, accounts payable, notes payable and other payables, approximate their fair values because of the short maturity of these instruments.

Impairment of Long-Lived Assets

Impairment of Long-Lived Assets

In accordance with ASC 360-10, the Company, on a regular basis, reviews the carrying amount of long-lived assets for the existence of facts or circumstances, both internally and externally, that suggest impairment. The Company determines if the carrying amount of a long-lived asset is impaired based on anticipated undiscounted cash flows, before interest, from the use of the asset. In the event of impairment, a loss is recognized based on the amount by which the carrying amount exceeds the fair value of the asset. Fair value is determined based on appraised value of the assets or the anticipated cash flows from the use of the asset, discounted at a rate commensurate with the risk involved. There were no impairment charges recorded during the quarters ended June 30, 2019 and 2018.

Use of Estimates

Use of Estimates

The process of preparing condensed consolidated financial statements in conformity with accounting principles generally accepted in the United States of America requires the use of estimates and assumptions regarding certain types of assets, liabilities, revenues, and expenses. Such estimates primarily relate to unsettled transactions and events as of the date of the condensed consolidated financial statements. Accordingly, upon settlement, actual results may differ from estimated amounts.

Convertible Notes Payable

Convertible Notes Payable

The Company accounts for conversion options embedded in convertible notes in accordance with ASC 815. ASC 815 provides comprehensive guidance on derivative and hedging transactions. It sets forth the definition of a derivative instrument and specifies how to account for such instruments, including derivatives embedded in hybrid instruments. In addition, ASC 815 establishes when reporting entities, in certain limited, well-defined circumstances, may apply hedge accounting to a relationship involving a designated hedging instrument and hedged exposure. Hedge accounting provides an alternative, special way of accounting for such relationships. ASC 815 also provides guidance on how reporting entities determine whether an instrument is (1) indexed to the reporting entity’s own stock and (2) considered to be settled in the reporting entity’s own stock. Such a determination will dictate whether an instrument should be accounted for as debt or equity and the appropriate accounting for the instrument. Finally, ASC 815 addresses the accounting for non-exchange-traded weather derivatives. ASC 815 generally requires companies to bifurcate conversion options embedded in convertible notes from their host instruments and to account for them as free standing derivative financial instruments. ASC 815 provides for an exception to this rule when convertible notes, as host instruments, are deemed to be conventional, as defined by ASC 815-40. As of June 30, 2019 and 2018, all of the Company’s convertible notes payable were classified as conventional instruments.

The Company accounts for convertible notes deemed conventional and conversion options embedded in non-conventional convertible notes which qualify as equity under ASC 815, in accordance with the provisions of ASC 470-20, which provides guidance on accounting for convertible securities with beneficial conversion features. ASC 470-10 addresses classification determination for specific obligations, such as short-term obligations expected to be refinanced on a long-term basis, due-on-demand loan arrangements, callable debt, sales of future revenue, increasing rate debt, debt that includes covenants, revolving credit agreements subject to lock-box arrangements and subjective acceleration clauses, indexed debt. Accordingly, the Company records, as a discount to convertible notes, the intrinsic value of such conversion options based upon the differences between the fair value of the underlying common stock at the commitment date of the note transaction and the effective conversion price embedded in the note. Debt discounts under these arrangements are amortized over the term of the related debt.

Stock Based Compensation

Stock Based Compensation

The Company applies the fair value method of Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) 718, “ Share Based Payment ”, in accounting for its stock-based compensation. This standard states that compensation cost is measured at the grant date based on the fair value of the award and is recognized over the service period, which is usually the vesting period. The Company values stock-based compensation at the market price for the Company’s common stock and other pertinent factors at the grant date.

Through December 31, 2018, the Company accounted for transactions in which services were received from non-employees in exchange for equity instruments based on the fair value of the equity instruments exchanged, in accordance with ASC 505-50, “ Equity Based payments to Non-employees ”. The Company measured the fair value of the equity instruments issued based on the fair value of the Company’s stock on contract execution and recognizes the value of the award over the service period. The Company adopted ASU No. 2018-07, Compensation – Stock Compensation (Topic 718), Improvements to Nonemployee Share-Based Payment Accounting, which is intended to simplify the accounting for nonemployee share-based payment transactions by expanding the scope of Topic 718 to include share-based payment transactions for acquiring goods and services from nonemployees.

Fully vested and non-forfeitable shares issued prior to the services being performed are classified as prepaid expenses.

Leases

Leases

In February 2016, the FASB issued ASU 2016-02, Leases (Topic 842). The updated guidance requires lessees to recognize lease assets and lease liabilities for most operating leases. In addition, the updated guidance requires that lessors separate lease and non-lease components in a contract in accordance with the new revenue guidance in ASC 606.

On January 1, 2019, the Company adopted ASU No. 2016-02, applying the package of practical expedients to leases that commenced before the effective date whereby the Company elected to not reassess the following: (i) whether any expired or existing contracts contain leases and; (ii) initial direct costs for any existing leases. For contracts entered into on or after the effective date, at the inception of a contract the Company assessed whether the contract is, or contains, a lease. The Company’s assessment is based on: (1) whether the contract involves the use of a distinct identified asset, (2) whether we obtain the right to substantially all the economic benefit from the use of the asset throughout the period, and (3) whether it has the right to direct the use of the asset. The Company will allocate the consideration in the contract to each lease component based on its relative stand-alone price to determine the lease payments.

Operating lease right of use assets (“ROU”) assets represents the right to use the leased asset for the lease term and operating lease liabilities are recognized based on the present value of the future minimum lease payments over the lease term at commencement date. As most leases do not provide an implicit rate, the Company use an incremental borrowing rate based on the information available at the adoption date in determining the present value of future payments. Lease expense for minimum lease payments is amortized on a straight-line basis over the lease term and is included in general and administrative expenses in the condensed statements of operations.

Recent Accounting Pronouncements

Recent Accounting Pronouncements

All other recent accounting pronouncements issued by the FASB, including its Emerging Issues Task Force, the American Institute of Certified Public Accountants, and the Securities and Exchange Commission did not or are not believed by management to have a material impact on the Company's present or future consolidated financial statements.

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Stockholders' Deficit (Tables)

6 Months Ended

Jun. 30, 2019

Capital Stock

Warrants and Options

The following table shows the warrants outstanding at June 30, 2019:

		Number of Shares
Term		June 30, 2018		Exercise Price
	11/10/12 to 11/20/22		4,000,000		0.0050
	09/18/15 to 09/18/20		4,000,000		0.0030
	09/10/17 to 09/10/19		15,000,000		0.0250
	09/10/17 to 09/10/19		10,000,000		0.0250
			33,000,000

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Operating Lease and Right-Of-Use Assets and Operating Lease Liabilities (Tables)

6 Months Ended

Jun. 30, 2019

Operating Lease And Right-of-use Assets And Operating Lease Liabilities

Summary of right-of- use assets

Right-of- use assets are summarized below:

	June 30,2019
	(Unaudited)
Office lease (remaining lease term of 12 months)	$	22,575
Less accumulated amortization		(7,151	)
Right-of-use assets, net	$	15,424

Summary of operating lease liabilities

Operating Lease liabilities are summarized below:

	June 30,2019
	(Unaudited)
Office lease	$	15,580
Less: current portion		(15,580	)
Long term portion		—

Maturity of lease liabilities

Maturity of lease liabilities are as follows:

Six months ended June 30, 2019	$	7,968
Year ending 2020		7,968
Less: Present value discount		(356	)
Lease liability	$	15,580

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Convertible Notes Payable and Notes Payable (Tables)

6 Months Ended

Jun. 30, 2019

Debt Disclosure [Abstract]

Convertible Notes Payable

The following table reflects the convertible notes payable at June 30, 2019:

Date	Due Date		Principal Balance		Rate			Conversion Rate
Convertible notes payable
01/03/19		07/03/19	$	1,000		6.00	%		0.00100
03/16/19		09/16/19	$	10,000		6.00	%		0.00100
Subtotal convertible notes payable			$	11,000
Less unamortized discounts			$	4,248
Balance, convertible notes payable			$	6,752
Convertible notes payable - related parties
01/08/19		07/08/19	$	7,000		6.00	%		0.00080
04/25/19		12/23/19	$	20,000		6.00	%		0.00400
06/07/19		12/07/19	$	5,100		6.00	%		0.00300
Sub-Total notes payable - related parties			$	32,100
Less unamortized discounts			$	12,984
Balance, convertible notes payable - related parties			$	19,116
Convertible notes payable - in default
08/28/09		11/01/09	$	4,300		10.00	%		0.01500
04/07/10		11/07/10	$	70,000		6.00	%		0.00800
11/12/10		11/12/11	$	40,000		6.00	%		0.00500
10/31/12		04/30/13	$	8,000		6.00	%		0.00400
11/20/12		05/20/13	$	50,000		6.00	%		0.00500
01/19/13		07/30/13	$	5,000		6.00	%		0.00400
02/11/13		08/11/13	$	9,000		6.00	%		0.00600
09/25/13		03/25/14	$	10,000		6.00	%		0.01250
10/04/13		04/04/14	$	50,000		6.00	%		0.01250
10/30/13		10/30/14	$	50,000		6.00	%		0.01250
05/15/14		11/15/14	$	40,000		6.00	%		0.00700
10/13/14		04/13/15	$	25,000		6.00	%		0.00500
06/29/15		12/29/15	$	25,000		6.00	%		0.00300
09/18/15		03/18/16	$	25,000		6.00	%		0.00200
04/04/16		10/04/16	$	10,000		6.00	%		0.00100
07/19/16		07/19/17	$	4,000		6.00	%		0.00150
08/24/16		02/24/17	$	20,000		6.00	%		0.00100
03/06/18		09/06/18	$	6,000		6.00	%		0.00060
02/06/18		11/07/18	$	6,000		6.00	%		0.00060
10/29/18		04/29/19	$	3,000		6.00	%		0.00070
Sub-Total convertible notes payable - in default			$	460,300

Convertible notes payable - related parties, in default
	01/09/09	01/09/10	$	10,000	10.00	%	0.01500
	01/25/10	01/25/11	$	6,000	6.00	%	0.00500
	01/18/12	07/18/12	$	50,000	8.00	%	0.00400
	01/19/13	07/30/13	$	15,000	6.00	%	0.00400
	07/26/13	01/26/14	$	10,000	6.00	%	0.01000
	01/17/14	07/17/14	$	31,500	6.00	%	0.00600
	05/27/14	11/27/14	$	7,000	6.00	%	0.00700
	07/21/14	01/25/15	$	17,000	6.00	%	0.00800
	10/16/14	04/16/15	$	21,000	6.00	%	0.00450
	07/14/15	01/14/16	$	9,000	6.00	%	0.00300
	01/12/16	07/12/16	$	5,000	6.00	%	0.00200
	05/10/16	11/10/16	$	5,000	6.00	%	0.00050
	05/10/16	11/10/16	$	5,000	6.00	%	0.00050
	05/20/16	11/20/16	$	5,000	6.00	%	0.00050
	07/12/16	01/12/17	$	2,400	6.00	%	0.00060
	01/26/17	03/12/17	$	5,000	6.00	%	0.00050
	02/14/17	08/14/17	$	25,000	6.00	%	0.00075
	08/16/17	09/16/17	$	3,000	6.00	%	0.00080
	03/14/18	05/14/18	$	25,000	6.00	%	0.00070
	04/04/18	06/04/18	$	3,000	6.00	%	0.00070
	04/11/18	06/11/18	$	25,000	6.00	%	0.00070
	05/08/18	07/08/18	$	25,000	6.00	%	0.00070
	05/30/18	08/30/18	$	25,000	6.00	%	0.00070
	06/12/18	09/12/18	$	3,000	6.00	%	0.00070
	06/20/18	09/12/18	$	500	6.00	%	0.00070
	01/09/18	01/09/19	$	12,000	6.00	%	0.00060
	08/27/18	02/27/19	$	2,000	6.00	%	0.00070
	10/02/18	04/02/19	$	1,000	6.00	%	0.00080
	10/23/18	04/23/19	$	4,200	6.00	%	0.00070
	11/07/18	05/07/19	$	2,000	6.00	%	0.00080
	11/14/18	05/14/19	$	8,000	6.00	%	0.00080
Sub-Total convertible notes payable - related parties, in default			$	367,600
Balance - convertible notes payable			$	853,768

Notes Payable

The following table reflects the notes payable at June 30, 2019:

Date	Due Date	Principal Balance		Rate
Notes payable
11/29/17	11/29/19	$	105,000		2.06	%	NA
Balance		$	105,000
Less unamortized discounts		$	7,071
Balance notes payable		$	97,929
Notes payable - in default
04/27/11	04/27/12	$	5,000		6.00	%	NA
06/23/11	08/23/11	$	25,000		6.00	%	NA
12/14/17	12/14/18	$	75,000		6.00	%	NA
Balance		$	105,000

Notes payable - related parties, in default

02/24/10	02/24/11	$	7,500	6.00	%	NA
10/06/15	11/15/15	$	10,000	6.00	%	NA
02/08/18	04/09/18	$	1,000	6.00	%	NA
Balance		$	18,500
Balance - notes payable		$	221,429

XML

Going Concern (Details Narrative)	Jun. 30, 2019 USD ($)
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Working capital deficit	$ (1,294,652)

XML

Summary of Significant Accounting Policies (Details Narrative) - USD ($)	6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Dec. 31, 2018
Accounting Policies [Abstract]
Outstanding convertible note payable	553,309,220		562,032,480
Outstanding warrants	558,089,442		558,089,442
Cash Equivalents	$ 0		$ 0
Impairment charges	$ 0	$ 0

XML

Stockholders' Deficit - Warrants and Options (Details)	Jun. 30, 2019 $ / shares shares
Warrants issued	33,000,000
November 10, 2012 to November 20, 2022
Warrants issued	4,000,000
Warrants, Exercise Price | $ / shares	$ 0.0050
September 18, 2015 to September 18, 2020
Warrants issued	4,000,000
Warrants, Exercise Price | $ / shares	$ 0.0030
September 10, 2017 to September 10, 2019
Warrants issued	15,000,000
Warrants, Exercise Price | $ / shares	$ 0.0250
September 10, 2017 to September 10, 2019 (2)
Warrants issued	10,000,000
Warrants, Exercise Price | $ / shares	$ 0.0250

XML

Stockholders' Deficit (Details Narrative) - USD ($)	3 Months Ended				6 Months Ended
	Jun. 30, 2019	Mar. 31, 2019	Jun. 30, 2018	Mar. 31, 2018	Jun. 30, 2019	Jun. 30, 2018	Dec. 31, 2018	Feb. 10, 2014
Common stock, shares authorized	4,900,000,000				4,900,000,000		4,900,000,000
Common stock, par value	$ 0.0001				$ 0.0001		$ 0.0001
Authorized preferred shares	50,000,000				50,000,000		50,000,000
Preferred stock, shares issued	67				67		67
Preferred Stock, shares outstanding	67				67		67
Warrants outstanding	$ 33,000,000				$ 33,000,000
Common stock issued					506,095,239
Proceeds from common stock issued	443,900	$ 361,850	$ 106,660	$ 25,000	$ 800,750
Number of shares converted					1,284,938
Conversion of Stock, Amount Converted					$ 1,028
Number of shares vested					106,170,616
Compensation expense	59,325				$ 254,175
Prepaid expenses	$ 81,733				81,733
Common stock issued for repay of convertible note, Value					$ 7,500
Common stock issued for repay of convertible note, shares					5,000,000
Stock issued for convertible notes payable, Shares					18,869,220
Stock issued for convertible notes payable, Value					$ 90,182
Stock issued for settlement of notes payable, Shares					7,000,000
Stock issued for settlement of notes payable, Value					$ 7,000
Series A
Preferred stock, shares issued	7				7		7
Preferred Stock, shares outstanding	7				7		7
Convertible shares terms					Each share of Series A preferred stock has the right to convert into 214,289 shares of the Company’s common stock.	Each share of Series A preferred stock has the right to convert into 214,289 shares of the Company’s common stock.
Series B
Authorized preferred shares								50,000,000
Preferred stock, shares issued	60				60		60
Preferred Stock, shares outstanding	60				60		60
Convertible shares terms					Pursuant to Article V, the Board of Directors has the power to designate such shares and all powers and matters concerning such shares. Such share class shall be designated Preferred Class B. The preferred class was created for 60 Preferred Class B shares. Such shares each have a voting power equal to one percent of the outstanding shares issued (totaling 60%) at the time of any vote action as necessary for share votes under Florida law, with or without a shareholder meeting. Such shares are non-convertible to common stock of the Company and are not considered as convertible under any accounting measure. Such shares shall only be held by the Board of Directors as a Corporate body, and shall not be placed into any individual name. Such shares were considered issued at the time of this resolution’s adoption, and do not require a stock certificate to exist, unless selected to do so by the Board for representational purposes only. Such shares are considered for voting as a whole amount, and shall be voted for any matter by a majority vote of the Board of Directors. Such shares shall not be divisible among the Board members, and shall be voted as a whole either for or against such a vote upon the vote of the majority of the Board of Directors. In the event that there is any vote taken which results in a tie of a vote of the Board of Directors, the vote of the Chairman of the Board shall control the voting of such shares. Such shares are not transferable except in the case of a change of control of the Corporation when such shares shall continue to be held by the Board of Directors. Such shares have the authority to vote for all matters that require a share vote under Florida law and the Articles of Incorporation.
Principal
Conversion of Stock, Amount Converted					$ 1,000
Accrued interest
Conversion of Stock, Amount Converted					$ 28

XML

Investment in Probabilities and Statistics, Inc. (Details Narrative)	6 Months Ended
	Jun. 30, 2019 USD ($) shares
Stock issued, value | $	$ 78,000
Restricted Common Stock
Shares issued	60,000,000
P & S | Common Stock
Common shares received	10,000

XML

Lease Obligation (Details Narrative) - USD ($)	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2018
Base monthly rent	$ 6,689	$ 10,446	$ 19,496	$ 19,085	$ 1,328	$ 1,289	$ 1,252
Operations House
Base monthly rent			$ 1,300

XML

Operating Lease and Right-Of-Use Assets and Operating Lease Liabilities (Details) - USD ($)	Jun. 30, 2019	Jan. 02, 2019	Dec. 31, 2018
Operating Lease And Right-of-use Assets And Operating Lease Liabilities
Office lease (remaining lease term of 12 months)	$ 22,575
Less accumulated amortization	(7,151)
Right-of-use assets, net	$ 15,424	$ 22,575

XML

Operating Lease and Right-Of-Use Assets and Operating Lease Liabilities (Details 1) - USD ($)	Jun. 30, 2019	Jan. 02, 2019	Dec. 31, 2018
Operating Lease And Right-of-use Assets And Operating Lease Liabilities
Office lease	$ 15,580	$ 22,575
Less: current portion	(15,580)
Long term portion	$ 0

XML

Operating Lease and Right-Of-Use Assets and Operating Lease Liabilities (Details 2) - USD ($)	Jun. 30, 2019	Jan. 02, 2019
Operating Lease And Right-of-use Assets And Operating Lease Liabilities
Six months ended June 30, 2019	$ 7,968
Year ending 2020	7,968
Less: Present value discount	(356)
Lease liability	$ 15,580	$ 22,575

XML

Operating Lease and Right-Of-Use Assets and Operating Lease Liabilities (Details Narrative) - USD ($)	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2018	Jan. 02, 2019	Dec. 31, 2018
Accounting Policies [Abstract]
Base monthly rent	$ 6,689	$ 10,446	$ 19,496	$ 19,085	$ 1,328	$ 1,289	$ 1,252
Operating lease expense	3,945	$ 0	7,890	$ 0
Right-of-use assets	15,424		15,424			15,424		$ 22,575
Lease liabilities	$ 15,580		$ 15,580			$ 15,580		$ 22,575
Interest rate	6.00%		6.00%			6.00%

XML

Convertible Notes Payable and Notes Payable - Convertible Notes Payable (Details) - USD ($)	6 Months Ended
	Jun. 30, 2019	Dec. 31, 2018
Subtotal convertible notes payable	$ 11,000
Unamortized discounts	4,248
Convertible notes payable	6,752	$ 1,599
Sub Total notes payable - related parties	32,100
Less unamortized discounts	12,984
Convertible notes payable, related parties	19,116
Convertible notes payable, in default	460,300
Convertible notes payable - related parties, in default	367,600
Balance - convertible notes payable	$ 853,768
January 03, 2019
Convertible notes payble, Maturity Date	Jul. 03, 2019
Subtotal convertible notes payable	$ 1,000
Convertible notes payeble, Current; Interest rate	6.00%
Convertible notes payable, Conversion Rate	$ 0.001
March 16, 2019
Convertible notes payble, Maturity Date	Sep. 16, 2019
Subtotal convertible notes payable	$ 10,000
Convertible notes payeble, Current; Interest rate	6.00%
Convertible notes payable, Conversion Rate	$ 0.001
January 08, 2019
Convertible notes payable, related parties; maturity date	Jul. 08, 2019
Sub Total notes payable - related parties	$ 7,000
Convertible notes payable, related parties; interest rate	600.00%
Convertible notes payable, related parties; conversion rate	$ 0.00080
April 25, 2019
Convertible notes payable, related parties; maturity date	Dec. 23, 2019
Sub Total notes payable - related parties	$ 20,000
Convertible notes payable, related parties; interest rate	600.00%
Convertible notes payable, related parties; conversion rate	$ 0.00400
June 07, 2019
Convertible notes payable, related parties; maturity date	Dec. 07, 2019
Sub Total notes payable - related parties	$ 5,100
Convertible notes payable, related parties; interest rate	600.00%
Convertible notes payable, related parties; conversion rate	$ 0.00300
July 19, 2016
Convertible notes payable, in default, Maturity date	Jul. 19, 2017
Convertible notes payable, in default	$ 4,000
Convertible notes payable, in default, Interest rate	6.00%
Convertible notes payable, in default, Conversion rate	$ 0.0015
April 7, 2010
Convertible notes payable, in default, Maturity date	Nov. 07, 2010
Convertible notes payable, in default	$ 70,000
Convertible notes payable, in default, Interest rate	6.00%
Convertible notes payable, in default, Conversion rate	$ 0.008
November 12, 2010
Convertible notes payable, in default, Maturity date	Nov. 12, 2011
Convertible notes payable, in default	$ 40,000
Convertible notes payable, in default, Interest rate	6.00%
Convertible notes payable, in default, Conversion rate	$ 0.005
October 31, 2012
Convertible notes payable, in default, Maturity date	Apr. 30, 2013
Convertible notes payable, in default	$ 8,000
Convertible notes payable, in default, Interest rate	6.00%
Convertible notes payable, in default, Conversion rate	$ 0.004
November 20, 2012
Convertible notes payable, in default, Maturity date	May 20, 2013
Convertible notes payable, in default	$ 50,000
Convertible notes payable, in default, Interest rate	6.00%
Convertible notes payable, in default, Conversion rate	$ 0.005
January 19, 2013
Convertible notes payable, in default, Maturity date	Jul. 30, 2013
Convertible notes payable, in default	$ 5,000
Convertible notes payable, in default, Interest rate	6.00%
Convertible notes payable, in default, Conversion rate	$ 0.004
Convertible notes payable - related parties, in default, Maturity date	Jul. 30, 2013
Convertible notes payable - related parties, in default	$ 15,000
Convertible notes payable - related parties, in default, Interest rate	6.00%
Convertible notes payable - related parties, in default, Conversion rate	$ 0.004
February 11, 2013
Convertible notes payable, in default, Maturity date	Aug. 11, 2013
Convertible notes payable, in default	$ 9,000
Convertible notes payable, in default, Interest rate	6.00%
Convertible notes payable, in default, Conversion rate	$ 0.006
September 25, 2013
Convertible notes payable, in default, Maturity date	Mar. 25, 2014
Convertible notes payable, in default	$ 10,000
Convertible notes payable, in default, Interest rate	6.00%
Convertible notes payable, in default, Conversion rate	$ 0.0125
October 04, 2013
Convertible notes payable, in default, Maturity date	Apr. 04, 2014
Convertible notes payable, in default	$ 50,000
Convertible notes payable, in default, Interest rate	6.00%
Convertible notes payable, in default, Conversion rate	$ 0.0125
October 30, 2013
Convertible notes payable, in default, Maturity date	Oct. 30, 2014
Convertible notes payable, in default	$ 50,000
Convertible notes payable, in default, Interest rate	6.00%
Convertible notes payable, in default, Conversion rate	$ 0.0125
May 15, 2014
Convertible notes payable, in default, Maturity date	Nov. 15, 2014
Convertible notes payable, in default	$ 40,000
Convertible notes payable, in default, Interest rate	6.00%
Convertible notes payable, in default, Conversion rate	$ 0.007
October 13, 2014
Convertible notes payable, in default, Maturity date	Apr. 13, 2015
Convertible notes payable, in default	$ 25,000
Convertible notes payable, in default, Interest rate	6.00%
Convertible notes payable, in default, Conversion rate	$ 0.005
June 29, 2015
Convertible notes payable, in default, Maturity date	Dec. 29, 2015
Convertible notes payable, in default	$ 25,000
Convertible notes payable, in default, Interest rate	6.00%
Convertible notes payable, in default, Conversion rate	$ 0.003
September 18, 2015
Convertible notes payable, in default, Maturity date	Mar. 18, 2016
Convertible notes payable, in default	$ 25,000
Convertible notes payable, in default, Interest rate	6.00%
Convertible notes payable, in default, Conversion rate	$ 0.002
April 04, 2016
Convertible notes payable, in default, Maturity date	Oct. 04, 2016
Convertible notes payable, in default	$ 10,000
Convertible notes payable, in default, Interest rate	6.00%
Convertible notes payable, in default, Conversion rate	$ 0.001
August 24, 2016
Convertible notes payable, in default, Maturity date	Feb. 24, 2017
Convertible notes payable, in default	$ 20,000
Convertible notes payable, in default, Interest rate	6.00%
Convertible notes payable, in default, Conversion rate	$ 0.001
August 28, 2009
Convertible notes payable, in default, Maturity date	Nov. 01, 2009
Convertible notes payable, in default	$ 4,300
Convertible notes payable, in default, Interest rate	10.00%
Convertible notes payable, in default, Conversion rate	$ 0.015
March 6, 2018
Convertible notes payable, in default, Maturity date	Sep. 06, 2018
Convertible notes payable, in default	$ 6,000
Convertible notes payable, in default, Interest rate	6.00%
Convertible notes payable, in default, Conversion rate	$ 0.0006
February 6, 2018
Convertible notes payable, in default, Maturity date	Nov. 07, 2018
Convertible notes payable, in default	$ 6,000
Convertible notes payable, in default, Interest rate	6.00%
Convertible notes payable, in default, Conversion rate	$ 0.0006
October 29, 2018
Convertible notes payable, in default, Maturity date	Apr. 29, 2019
Convertible notes payable, in default	$ 3,000
Convertible notes payable, in default, Interest rate	6.00%
Convertible notes payable, in default, Conversion rate	$ 0.00070
February 14, 2017
Convertible notes payable - related parties, in default, Maturity date	Aug. 14, 2017
Convertible notes payable - related parties, in default	$ 25,000
Convertible notes payable - related parties, in default, Interest rate	6.00%
Convertible notes payable - related parties, in default, Conversion rate	$ 0.00075
January 09, 2009
Convertible notes payable - related parties, in default, Maturity date	Jan. 09, 2010
Convertible notes payable - related parties, in default	$ 10,000
Convertible notes payable - related parties, in default, Interest rate	10.00%
Convertible notes payable - related parties, in default, Conversion rate	$ 0.015
January 25, 2010
Convertible notes payable - related parties, in default, Maturity date	Jan. 25, 2011
Convertible notes payable - related parties, in default	$ 6,000
Convertible notes payable - related parties, in default, Interest rate	6.00%
Convertible notes payable - related parties, in default, Conversion rate	$ 0.005
January 18, 2012
Convertible notes payable - related parties, in default, Maturity date	Jul. 18, 2012
Convertible notes payable - related parties, in default	$ 50,000
Convertible notes payable - related parties, in default, Interest rate	8.00%
Convertible notes payable - related parties, in default, Conversion rate	$ 0.004
July 26, 2013
Convertible notes payable - related parties, in default, Maturity date	Jan. 26, 2014
Convertible notes payable - related parties, in default	$ 10,000
Convertible notes payable - related parties, in default, Interest rate	6.00%
Convertible notes payable - related parties, in default, Conversion rate	$ 0.01
May 27, 2014
Convertible notes payable - related parties, in default, Maturity date	Nov. 27, 2014
Convertible notes payable - related parties, in default	$ 7,000
Convertible notes payable - related parties, in default, Interest rate	6.00%
Convertible notes payable - related parties, in default, Conversion rate	$ 0.007
July 21, 2014
Convertible notes payable - related parties, in default, Maturity date	Jan. 25, 2015
Convertible notes payable - related parties, in default	$ 17,000
Convertible notes payable - related parties, in default, Interest rate	6.00%
Convertible notes payable - related parties, in default, Conversion rate	$ 0.008
October 16, 2014
Convertible notes payable - related parties, in default, Maturity date	Apr. 16, 2015
Convertible notes payable - related parties, in default	$ 21,000
Convertible notes payable - related parties, in default, Interest rate	6.00%
Convertible notes payable - related parties, in default, Conversion rate	$ 0.0045
July 14, 2015
Convertible notes payable - related parties, in default, Maturity date	Jan. 14, 2016
Convertible notes payable - related parties, in default	$ 9,000
Convertible notes payable - related parties, in default, Interest rate	6.00%
Convertible notes payable - related parties, in default, Conversion rate	$ 0.003
January 12, 2016
Convertible notes payable - related parties, in default, Maturity date	Jul. 12, 2016
Convertible notes payable - related parties, in default	$ 5,000
Convertible notes payable - related parties, in default, Interest rate	6.00%
Convertible notes payable - related parties, in default, Conversion rate	$ 0.002
May 10, 2016
Convertible notes payable - related parties, in default, Maturity date	Nov. 10, 2016
Convertible notes payable - related parties, in default	$ 5,000
Convertible notes payable - related parties, in default, Interest rate	6.00%
Convertible notes payable - related parties, in default, Conversion rate	$ 0.0005
May 10, 2016 #2
Convertible notes payable - related parties, in default, Maturity date	Nov. 10, 2016
Convertible notes payable - related parties, in default	$ 5,000
Convertible notes payable - related parties, in default, Interest rate	6.00%
Convertible notes payable - related parties, in default, Conversion rate	$ 0.0005
May 20, 2016
Convertible notes payable - related parties, in default, Maturity date	Nov. 20, 2016
Convertible notes payable - related parties, in default	$ 5,000
Convertible notes payable - related parties, in default, Interest rate	6.00%
Convertible notes payable - related parties, in default, Conversion rate	$ 0.0005
July 12, 2016
Convertible notes payable - related parties, in default, Maturity date	Jan. 12, 2017
Convertible notes payable - related parties, in default	$ 2,400
Convertible notes payable - related parties, in default, Interest rate	6.00%
Convertible notes payable - related parties, in default, Conversion rate	$ 0.0006
January 26, 2017
Convertible notes payable - related parties, in default, Maturity date	Mar. 12, 2017
Convertible notes payable - related parties, in default	$ 5,000
Convertible notes payable - related parties, in default, Interest rate	6.00%
Convertible notes payable - related parties, in default, Conversion rate	$ 0.0005
August 16, 2017
Convertible notes payable - related parties, in default, Maturity date	Sep. 16, 2017
Convertible notes payable - related parties, in default	$ 3,000
Convertible notes payable - related parties, in default, Interest rate	6.00%
Convertible notes payable - related parties, in default, Conversion rate	$ 0.0008
March 14, 2018
Convertible notes payable - related parties, in default, Maturity date	May 14, 2018
Convertible notes payable - related parties, in default	$ 25,000
Convertible notes payable - related parties, in default, Interest rate	6.00%
Convertible notes payable - related parties, in default, Conversion rate	$ 0.0007
April 4, 2018
Convertible notes payable - related parties, in default, Maturity date	Jun. 04, 2018
Convertible notes payable - related parties, in default	$ 3,000
Convertible notes payable - related parties, in default, Interest rate	6.00%
Convertible notes payable - related parties, in default, Conversion rate	$ 0.0007
April 11, 2018
Convertible notes payable - related parties, in default, Maturity date	Jun. 11, 2018
Convertible notes payable - related parties, in default	$ 25,000
Convertible notes payable - related parties, in default, Interest rate	6.00%
Convertible notes payable - related parties, in default, Conversion rate	$ 0.0007
May 30, 2018
Convertible notes payable - related parties, in default, Maturity date	Aug. 30, 2018
Convertible notes payable - related parties, in default	$ 25,000
Convertible notes payable - related parties, in default, Interest rate	6.00%
Convertible notes payable - related parties, in default, Conversion rate	$ 0.0007
May 08, 2018
Convertible notes payable - related parties, in default, Maturity date	Jul. 08, 2018
Convertible notes payable - related parties, in default	$ 25,000
Convertible notes payable - related parties, in default, Interest rate	6.00%
Convertible notes payable - related parties, in default, Conversion rate	$ 0.0007
June 12, 2018
Convertible notes payable - related parties, in default, Maturity date	Sep. 12, 2018
Convertible notes payable - related parties, in default	$ 3,000
Convertible notes payable - related parties, in default, Interest rate	6.00%
Convertible notes payable - related parties, in default, Conversion rate	$ 0.0007
June 20, 2018
Convertible notes payable - related parties, in default, Maturity date	Sep. 12, 2018
Convertible notes payable - related parties, in default	$ 500
Convertible notes payable - related parties, in default, Interest rate	6.00%
Convertible notes payable - related parties, in default, Conversion rate	$ 0.0007
January 17, 2014
Convertible notes payable - related parties, in default, Maturity date	Jul. 17, 2014
Convertible notes payable - related parties, in default	$ 31,500
Convertible notes payable - related parties, in default, Interest rate	6.00%
Convertible notes payable - related parties, in default, Conversion rate	$ 0.006
January 09,2018
Convertible notes payable - related parties, in default, Maturity date	Jan. 09, 2019
NotesIssued08272018Member
Convertible notes payable - related parties, in default, Maturity date	Feb. 27, 2019
October 02, 2018
Convertible notes payable - related parties, in default, Maturity date	Apr. 02, 2019
Convertible notes payable - related parties, in default	$ 1,000
Convertible notes payable - related parties, in default, Interest rate	6.00%
Convertible notes payable - related parties, in default, Conversion rate	$ 0.00080
October 23, 2018
Convertible notes payable - related parties, in default, Maturity date	Apr. 23, 2019
Convertible notes payable - related parties, in default	$ 4,200
Convertible notes payable - related parties, in default, Interest rate	6.00%
Convertible notes payable - related parties, in default, Conversion rate	$ 0.0007
November 07, 2018
Convertible notes payable - related parties, in default, Maturity date	May 07, 2019
Convertible notes payable - related parties, in default	$ 2,000
Convertible notes payable - related parties, in default, Interest rate	6.00%
Convertible notes payable - related parties, in default, Conversion rate	$ 0.00080
November 14, 2018
Convertible notes payable - related parties, in default, Maturity date	May 14, 2019
Convertible notes payable - related parties, in default	$ 8,000
Convertible notes payable - related parties, in default, Interest rate	6.00%
Convertible notes payable - related parties, in default, Conversion rate	$ 0.00080
January 9, 2018
Convertible notes payable - related parties, in default	$ 12,000
Convertible notes payable - related parties, in default, Interest rate	6.00%
Convertible notes payable - related parties, in default, Conversion rate	$ 0.0006
August 27, 2018
Convertible notes payable - related parties, in default	$ 2,000
Convertible notes payable - related parties, in default, Interest rate	6.00%
Convertible notes payable - related parties, in default, Conversion rate	$ 0.0007

XML

Convertible Notes Payable and Notes Payable - Notes Payable (Details)	6 Months Ended
	Jun. 30, 2019 USD ($)
Notes payable	$ 105,000
Notes payable, unamortized discount	7,071
Notes payable	97,929
Notes payable, in default	105,000
Notes payable, in default –related parties	18,500
Balance - notes payable	$ 221,429
November 29, 2017
Notes payable, Maturity Date	Nov. 29, 2019
Notes payable	$ 105,000
Notes payable interest rate	2.06%
April 27, 2011
Notes payable, in default - Maturity date	Apr. 27, 2012
Notes payable, in default	$ 5,000
Notes payable, in default - Interest rate	6.00%
June 23, 2011
Notes payable, in default - Maturity date	Aug. 23, 2012
Notes payable, in default	$ 25,000
Notes payable, in default - Interest rate	6.00%
December 14, 2017
Notes payable, in default - Maturity date	Dec. 14, 2018
Notes payable, in default	$ 75,000
Notes payable, in default - Interest rate	6.00%
February 08, 2018
Notes payable, in default –related parties, Maturity date	Apr. 09, 2018
Notes payable, in default –related parties	$ 1,000
Notes payable, in default –related parties, Interest rate	6.00%
February 24, 2010
Notes payable, in default –related parties, Maturity date	Feb. 24, 2011
Notes payable, in default –related parties	$ 7,500
Notes payable, in default –related parties, Interest rate	6.00%
October 06, 2015
Notes payable, in default –related parties, Maturity date	Nov. 15, 2015
Notes payable, in default –related parties	$ 10,000
Notes payable, in default –related parties, Interest rate	6.00%

XML

Convertible Notes Payable and Notes Payable (Details Narrative) - USD ($)	1 Months Ended				3 Months Ended				6 Months Ended
	Jun. 30, 2019	Apr. 30, 2019	Mar. 31, 2019	Jan. 31, 2019	Jun. 30, 2019	Mar. 31, 2019	Jun. 30, 2018	Mar. 31, 2018	Jun. 30, 2019	Jul. 08, 2019	Jul. 03, 2019
Beneficial conversion feature					$ 25,100	$ 10,500	$ 81,500	$ 19,571	$ 35,600
Amortization of debt discounts					$ 17,594				$ 27,357
Number of shares converted									1,284,938
Conversion of Stock, Amount Converted									$ 1,028
Stock issued for convertible notes payable, Shares									18,869,220
Stock issued for convertible notes payable, Value									$ 90,182
Subsequent Event [Member]
Face amount										$ 7,000	$ 1,000
Convertible Promissory Note #5
Total convertible notes issued	$ 5,100
Interest on note payable	6.00%
Common stock price per share	$ 0.003				$ 0.003				$ 0.003
Maturity date	Dec. 07, 2019
Convertible Promissory Note #4
Total convertible notes issued		$ 20,000
Interest on note payable		6.00%
Common stock price per share		$ 0.004
Maturity date		Oct. 23, 2019
Convertible Promissory Note #3
Total convertible notes issued			$ 10,000
Interest on note payable			6.00%
Common stock price per share			$ 0.0010			$ 0.0010
Maturity date			Sep. 16, 2019
Convertible Promissory Note #2
Total convertible notes issued				$ 7,000
Interest on note payable				6.00%
Common stock price per share				$ 0.008
Maturity date				Jul. 08, 2019
Convertible Promissory Note
Total convertible notes issued				$ 1,000
Interest on note payable				6.00%
Common stock price per share				$ 0.001
Maturity date				Jul. 03, 2019
Note Conversion
Number of shares converted									1,284,938
Convertible promissory note, remaining balance	$ 0				$ 0				$ 0
CEO
Repayment of loan									$ 200
CEO, First Loan
Common stock price per share	$ 0.0005				$ 0.0005				$ 0.0005
Loan outstanding to related party	$ 1,500				$ 1,500				$ 1,500
Loan payable, Interest rate	2.00%				2.00%				2.00%
Principal
Conversion of Stock, Amount Converted									$ 1,000
Principal | Note Conversion
Conversion of Stock, Amount Converted									1,000
Accrued interest
Conversion of Stock, Amount Converted									$ 28

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Material Agreements (Details Narrative) - USD ($)	1 Months Ended					2 Months Ended	3 Months Ended				6 Months Ended	12 Months Ended
	Jun. 30, 2019	Apr. 30, 2019	Mar. 31, 2019	Feb. 28, 2019	Jan. 31, 2019	May 31, 2019	Jun. 30, 2019	Mar. 31, 2019	Jun. 30, 2018	Mar. 31, 2018	Jun. 30, 2019	Dec. 31, 2018	Dec. 31, 2018
Shares of restricted stock issued		1,000,000
Amount owed for services rendered							$ 73,875	$ 211,650	$ 162,183	$ 5,250
Payment per month for archeological consulting services	$ 2,500						2,500				$ 2,500
Payment for business advisory, strategic planning and consulting services, assistance with financial reporting, IT management, and administrative services	6,500						6,500				6,500
Payment for administrative and shareholder support and services	$ 3,500						$ 3,500				$ 3,500
Quest, LLC
Entitlement of artifact recovery											60.00%
Ownership											50.00%
Consultant
Shares of restricted stock issued			987,282	5,300,000	5,000,000
Amount owed for services rendered											$ 0
Attorney
Shares of restricted stock issued				12,500,000
Number of restricted stock issued for satisfication of all outstanding debts for legal services				12,500,000
One Advisor
Shares of restricted stock issued	5,000,000
Advisors
Shares of restricted stock issued	400,000		7,000,000
Three independent contractors
Shares of restricted stock issued			600,000			3,950,000
Other Advisor
Shares of restricted stock issued			2,000,000
Independent contractors
Shares of restricted stock issued			3,500,000
Limited Liability Company
Amount owed for services rendered											$ 6,577	$ 4,385	$ 11,150
Subscription Agreement
Agreement description					Under the terms of the agreement, the Company agreed to compensate two of the individuals via payment of 22,000,000 restricted shares of its common stock each, and two of the individuals via payment of 3,666,667 shares of the Company’s restricted common stock, an aggregate total of 51,333,334 shares, and to negotiate future compensation on a year-by-year basis. The Company also agreed to reimburse the individuals for preapproved expenses.
Expiration date					Jan. 24, 2020
Consulting Agreement
Restricted common stock issued for social media and website management											3,000,000
Restricted common stock issued for assistance with procuring a marina slip, general business consulting and corporate communications											7,000,000

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Related Party Transactions (Details Narrative) - USD ($)	1 Months Ended			3 Months Ended				6 Months Ended	12 Months Ended
	Jun. 30, 2019	Apr. 30, 2019	Jan. 31, 2019	Jun. 30, 2019	Mar. 31, 2019	Jun. 30, 2018	Mar. 31, 2018	Jun. 30, 2019	Dec. 31, 2018	Dec. 31, 2018
Amount owed for services rendered				$ 73,875	$ 211,650	$ 162,183	$ 5,250
Convertible Promissory Note
Convertible note payable, amount	$ 5,100	$ 20,000	$ 7,000	$ 5,100				$ 5,100
Convertible note payable, interest rate per annum	6.00%	6.00%	6.00%	6.00%				6.00%
Convertible note payable, common stock price per share	$ 0.003	$ 0.004	$ 0.008	$ 0.003				$ 0.003
Due date	Dec. 07, 2019	Oct. 23, 2019	Jul. 08, 2019
CEO
Repayment of related party debt								$ 5,048
Payment per month to related party LLC	$ 3,500			$ 3,500				3,500
Limited Liability Company
Amount owed for services rendered								6,577	$ 4,385	$ 11,150
Consultant
Amount owed for services rendered								$ 0

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Subsequent Events (Details Narrative) - Subsequent Event [Member] - USD ($)	Aug. 14, 2019	Jul. 08, 2019	Jul. 03, 2019
Common stock sold	43,449,998
Proceeds from sale of common stock	$ 145,000
Common stock issued	6,300,000
Face amount		$ 7,000	$ 1,000