v3.8.0.1
Condensed Consolidated Balance Sheets - USD ($)
Sep. 30, 2017
Dec. 31, 2016
CURRENT ASSETS    
Cash $ 2,798,320 $ 158,433
Accounts receivable 276,303
Inventories 54,790 10,827
Deposits and other assets 197,726 122,876
Prepaid expenses 20,148 19,919
Total current assets 3,347,287 312,055
PROPERTY AND EQUIPMENT, net 3,242 7,755
INTANGIBLE ASSETS, net 429,231 430,770
TOTAL ASSETS 3,779,760 750,580
CURRENT LIABILITIES    
Accrued payroll and payroll related expenses 3,484,744 3,510,464
Accounts payable and accrued expenses 668,373 657,094
Fees payable to directors 418,546 418,546
Employee settlement 50,000 50,000
Total current liabilities 4,621,663 4,636,104
COMMITMENTS AND CONTINGENCIES
Total liabilities 4,621,663 4,636,104
STOCKHOLDERS' DEFICIT    
Preferred Stock - $0.001 par value; 50,000,000 shares authorized, 0 shares issued and outstanding as of September 30, 2017 and December 31, 2016
Common stock - $0.001 par value; 400,000,000 shares authorized, 121,345,130 and 85,068,709 shares issued and outstanding as of September 30, 2017 and December 31, 2016, respectively 121,345 85,069
Additional paid-in-capital 56,187,899 51,963,269
Deferred compensation (20,250)
Accumulated deficit (57,130,897) (55,933,862)
Total stockholders' deficit (841,903) (3,885,524)
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT $ 3,779,760 $ 750,580

Source