Annual report pursuant to Section 13 and 15(d)

BALANCE SHEETS

v3.19.1
BALANCE SHEETS - USD ($)
Dec. 31, 2018
Dec. 31, 2017
Current Assets:    
Cash $ 5,787 $ 558,732
Current assets - discontinued operations 543
Cryptocurrencies 32,925
Interest receivable 10,430
Miscellaneous receivable 100,000
Accounts receivable 938
Prepaid expenses and other current assets 20,631 131,250
Total current assets 170,711 690,525
Other Assets:    
Property and equipment, net 91,676
Assets held for sale 59,628
Total Assets 262,387 750,153
Current Liabilities:    
Accounts payable and accrued expenses 138,954 144,660
Current liabilities - discontinued operations 510,419
Convertible notes payable, net 1,966,571 1,464,814
Notes payable 75,000
Notes payable - related party 15,000
Accrued interest 494,956 290,497
Total current liabilities 2,690,481 2,410,390
Long Term Liabilities:    
Derivative liabilities 79,088 198,994
Total long term liabilities 79,088 198,994
Total liabilities 2,769,569 2,609,384
Commitments and Contingencies
Mezzanine Equity    
Preferred Series A stock, par value $.01 per share, 134,000 shares authorized; 0 and 133,334 shares issued and outstanding at December 31, 2018 and 2017. Stated at redemption value. 1,500,004
Shareholders' Equity/(Deficit):    
Preferred Stock, par value $.01, 10,000,000 shares authorized all series 1,223 154
Common stock, par value $.001 per share, 500,000,000 shares authorized; 235,460,470 and 47,269,804 shares issued and outstanding at December 31, 2018 and 2017, respectively 235,461 47,270
Obligation to issue common stock 1,000
Additional paid-in capital 2,639,005 (666,101)
Accumulated deficit (5,383,871) (2,740,558)
Total shareholders' equity/(deficit) (2,507,182) (3,359,235)
Total Liabilities and Shareholders' Equity/(Deficit) $ 262,387 $ 750,153