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Consolidated Balance Sheets - USD ($)
Dec. 31, 2020
Dec. 31, 2019
ASSETS    
Cash and cash equivalents $ 3,323,290 $ 88,415
Other receivable 2,880 2,880
Other assets 39,352 52,686
Total current assets 3,365,522 143,981
Long-term receivables 582,377
Property and equipment - net 19,466 36,568
Deferred compensation 1,250,001 2,083,334
Total Long-term assets 1,269,467 2,702,279
TOTAL ASSETS 4,634,989 2,846,260
LIABILITIES AND STOCKHOLDERS’ EQUITY (DEFICIT)    
Accounts payable 152,445 472,868
Accrued officer compensation 206,000
Notes payable 1,547,695 3,467,890
Due to related parties 50,000 50,000
Accrued expenses 938 23,587
Accrued dividends 48,079 48,079
Total current liabilities 1,799,157 4,268,424
Long-term liabilities    
Long-term notes payable 1,000,000 1,500,000
Long-term notes payable CARES Act PPP Loan 133,462
Total liabilities 2,932,619 5,768,424
Commitments and contingencies
Stockholders’ equity (deficit)    
Series A convertible preferred stock, $.001 par value, 2,000,000 shares authorized and 13,602 shares issued and outstanding at December 31, 2020 and at December 31, 2019 (Liquidation preference $340,050 and $340,050, respectively) 14 14
Common stock, $.001 par value, 500,000,000 shares authorized; 190,529,320 and 206,569,062 shares issued and outstanding at December 31, 2020 and at December 31, 2019, respectively 190,529 206,569
Additional paid-in capital 93,778,591 85,907,523
Accumulated deficit (92,266,764) (89,036,270)
Total stockholders’ equity (deficit) 1,702,370 (2,922,164)
TOTAL LIABILITIES AND STOCKHOLDERS’ DEFICIT $ 4,634,989 $ 2,846,260