v3.22.2.2
Condensed Consolidated Balance Sheets - USD ($)
Jun. 30, 2022
Dec. 31, 2021
Current Assets:    
Cash $ 2,597 $ 93,095
Prepaid expenses 25,911 203,750
Other current assets 16,132 16,922
Total Assets 44,640 313,767
Current Liabilities:    
Accounts payable 382,009 223,041
Accrued expenses 1,500,937 1,097,021
Accrued expenses - related party 72,000 72,000
Accrued interest 759,829 725,308
Accrued interest - related parties 814,192 456,917
Accrued compensation 798,240 766,102
Notes payable, net of debt discount of $30,595 and $0 as of June 30, 2022 and December 31, 2021, respectively 750,499 759,912
Notes payable - related parties 150,000 150,000
Convertible notes payable, net of debt discount of $8,233 and $71,124 as of June 30, 2022 and December 31, 2021, respectively 656,729 1,834,446
Convertible notes payable - related parties, net of debt discount of $72,922 and $0 as of June 30, 2022 and December 31, 2021, respectively 4,652,078 3,725,000
Advances payable 135,000 135,000
Advances payable - related party 100,000 100,000
Financing liability 27,926
Accrued dividend payable 39,686 67,229
Total Liabilities 10,811,199 10,139,902
Commitments and contingencies (Note 8)
Stockholders’ Deficiency:    
Common Stock, $0.001 par value, 200,000,000 shares authorized; 35,239,669 and 34,360,546 shares issued and outstanding as of June 30, 2022 and December 31, 2021, respectively 35,240 34,361
Additional paid-in capital 22,952,986 21,316,318
Accumulated deficit (33,756,597) (31,178,428)
Total Stockholders’ Deficiency (10,766,559) (9,826,135)
Total Liabilities and Stockholders’ Deficiency 44,640 313,767
Series A Convertible Preferred Stock [Member]    
Stockholders’ Deficiency:    
Preferred stock, value 1,342 1,342
Series C Convertible Preferred Stock [Member]    
Stockholders’ Deficiency:    
Preferred stock, value $ 470 $ 272