General form of registration statement for all companies including face-amount certificate companies

Condensed Consolidated Balance Sheets

v3.5.0.2
Condensed Consolidated Balance Sheets - USD ($)
Jun. 30, 2016
Dec. 31, 2015
Dec. 31, 2014
CURRENT ASSETS      
Cash $ 406,470 $ 323,410 $ 35,696
Inventory 958,575
Deposits and other assets 106,852 87,715 92,829
Prepaid expenses 23,387 2,533 19,862
Total current assets 536,709 413,658 1,106,962
PROPERTY AND EQUIPMENT, net 10,771 13,923 20,611
INTANGIBLE ASSETS, net 432,185 424,497 419,518
TOTAL ASSETS 979,665 852,078 1,547,091
CURRENT LIABILITIES      
Accrued payroll and payroll related expenses 3,486,040 3,468,610 3,555,961
Accounts payable and accrued expenses 733,719 662,803 651,991
Fees payable to directors 418,546 418,546 418,546
Employee settlement 50,000 50,000 50,000
Other current liabilities 85,004
Total current liabilities 4,688,305 4,599,959 4,761,502
COMMITMENTS AND CONTINGENCIES
Total liabilities 4,688,305 4,599,959 4,761,502
STOCKHOLDERS' DEFICIT      
Preferred Stock - $0.001 par value; 50,000,000 shares authorized, 0 shares issued and outstanding as of June 30, 2016, December 31, 2015 and 2014, respectively  
Common stock - $0.001 par value; 400,000,000 shares authorized, 76,482,598, 69,087,955 and 63,885,930 shares issued and outstanding as of June 30, 2016, December 31, 2015 and 2014 respectively 76,483 69,088 63,886
Additional paid-in-capital 51,270,522 50,333,188 46,908,249
Deferred compensation (294,264)
Accumulated deficit (55,055,645) (54,150,157) (49,892,282)
Total stockholders' deficit (3,708,640) (3,747,881) (3,214,411)
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT $ 979,665 $ 852,078 $ 1,547,091