Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED STATEMENT OF STOCKHOLDERS' DEFICIT

v3.20.1
CONSOLIDATED STATEMENT OF STOCKHOLDERS' DEFICIT - USD ($)
Common Stock
Additional Paid-In Capital
Accumulated Deficit
Total
Beginning balance, shares at Dec. 31, 2017 234,076,907      
Beginning balance, value at Dec. 31, 2017 $ 234,077 $ 108,000,923 $ (110,109,000) $ (1,874,000)
Proceeds from the exercise of options and warrants, shares 12,697,483      
Proceeds from the exercise of options and warrants, value $ 12,697 634,303   647,000
Fair value of common stock issued on conversion of notes payable, shares 9,299,125      
Fair value of common stock issued on conversion of notes payable, value $ 9,299 569,701   579,000
Fair value of warrants and beneficial conversion feature of issued convertible notes   1,778,000   1,778,000
Fair value of options and warrants issued as compensation   435,000   435,000
Common stock issued for services, shares 50,000      
Common stock issued for services, value $ 50 11,950   12,000
Net loss     (3,059,000) (3,059,000)
Ending balance, shares at Dec. 31, 2018 256,123,515      
Ending balance, value at Dec. 31, 2018 $ 256,123 111,429,877 (113,168,000) (1,482,000)
Proceeds from the exercise of options and warrants, shares 11,167,690      
Proceeds from the exercise of options and warrants, value $ 11,168 636,832   648,000
Fair value of common stock issued on conversion of notes payable, shares 42,570,331      
Fair value of common stock issued on conversion of notes payable, value $ 42,570 2,330,430   2,373,000
Fair value of warrants and beneficial conversion feature of issued convertible notes   1,362,000   1,362,000
Fair value of options and warrants issued as compensation   383,000   383,000
Common stock issued for services, shares 250,000      
Common stock issued for services, value $ 250 67,750   68,000
Net loss     (5,621,000) (5,621,000)
Ending balance, shares at Dec. 31, 2019 310,111,536      
Ending balance, value at Dec. 31, 2019 $ 310,111 $ 116,209,889 $ (118,789,000) $ (2,269,000)