Annual report pursuant to Section 13 and 15(d)

STATEMENTS OF CHANGES IN STOCKHOLDERS' DEFICIT

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STATEMENTS OF CHANGES IN STOCKHOLDERS' DEFICIT - USD ($)
Preferred Stock
Common Stock
Additional Paid-In Capital
Accumulated Deficit
Treasury Stock
Total
Balance at Dec. 31, 2015 $ 1,851 $ 17,127,675 $ (20,951,176) $ (3,758,723)
Balance, shares at Dec. 31, 2015 1,850,789        
Common stock issued for services $ 41 349,659 351,100
Common stock issued for services, shares 41,171        
Exchange of warrants for common stock 628 630
Exchange of warrants for common stock, shares 60        
Warrants issued for services 90,036 90,036
Warrants issued with debt 509,303 509,303
Common stock repurchased (148,000) (148,000)
Series A preferred stock dividends       (5,920)   (5,920)
Net Loss (2,561,613) (2,561,613)
Balance at Dec. 31, 2016 $ 1,892 18,141,629 (23,518,709) (148,000) (5,523,188)
Balance, shares at Dec. 31, 2016 1,892,020        
Common stock issued for settlement of accounts payable $ 360 214,640 215,000
Common stock issued for settlement of accounts payable, Shares 359,650        
Promissory notes settled by issuance of common stock $ 1,742 945,524 947,266
Promissory notes settled by issuance of common stock, shares 1,741,637        
Issuance of origination shares (JMJ) $ 1,500 748,500     750,000
Issuance of origination shares (JMJ), Shares 1,500,000        
Officer salary settled for common stock $ 701 699,842     700,543
Officer salary settled for common stock, shares 700,543        
Series A preferred stock dividends       (17,760)   (17,760)
Issuance of common stock $ 14,464 7,217,536     7,232,000
Issuance of common stock, Shares 14,464,000        
Warrant liability extinguished     95,760     95,760
Stock issuance costs     (1,454,610)     (1,454,610)
Series B convertible preferred stock issued for cash $ 1,000,000         1,000,000
Series B convertible preferred stock issued for cash, Shares 1,000          
Series B convertible preferred stock issued for debt conversion $ 1,830,000         1,830,000
Series B convertible preferred stock issued for debt conversion, Shares 1,830          
Net Loss (5,152,477) (5,152,477)
Balance at Dec. 31, 2017 $ 2,830,000 $ 20,658 $ 26,608,823 $ (28,688,946) $ (148,000) $ 622,535
Balance, shares at Dec. 31, 2017 2,830 20,657,850