v3.20.2
CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
Jun. 30, 2020
Dec. 31, 2019
Current assets    
Cash $ 385,404 $ 76,902
Accounts receivable-net 84,948 99,540
Prepaid and other assets 813 10,234
Total current assets 471,165 186,676
Property and equipment, net of accumulated depreciation of $193,914 and $182,343, respectively 223,308 234,879
Land 603,000 603,000
Intangible assets, net 253,550 253,550
Goodwill 3,499,963 3,499,963
Deposits 13,600 13,600
Right of use - assets 72,394 90,799
Due from related party 0 23,338
Other assets 10,000 10,000
Total assets 5,146,980 4,915,805
Current liabilities    
Accounts payable and accrued expense 670,698 795,964
Accrued expenses - related parties 1,551,621 1,447,487
Accrued interest 673,328 586,461
Right of use - liability 73,967 92,328
Due to director & officer 143,906 136,349
Deferred revenue 255,364 235,895
Line of credit 92,393 91,099
Common stock to be issued 0 500
Notes payable 641,900 207,351
Notes payable - related party 57,481 84,746
Convertible notes payable, net of debt discounts of $674,038 and $140,619, respectively 1,303,520 595,257
Net, liabilities of discontinued operations 2,374,181 2,555,837
Derivative Liability 6,936,309 3,102,392
Total current liabilities 14,774,668 9,931,666
Other Liabilities    
Notes payable 552,746 410,000
Convertible notes payable, net of current portion and net of debt discounts of $0 and $687,849, respectively 0 484,568
Total liabilities 15,327,414 10,826,234
Shareholders' (deficit)    
Preferred stock to be issued 165,000 0
Common stock; 157,158 shares authorized with $0.001 par value; 302,416 and 67,742 shares issued and outstanding at June 30, 2020 and December 31, 2019, respectively 302 68
Treasury stock; 81,601 and 0 shares of Series H Preferred stock at June 30, 2020 and December 31, 2019, respectively (665,864) 0
Additional paid-in capital 44,200,843 43,470,501
Accumulated deficit (66,800,912) (61,742,235)
Total deficiency in shareholders' equity (10,180,434) (5,910,429)
Total liabilities and deficiency in shareholders' equity 5,146,980 4,915,805
Preferred Stock Series B [Member]    
Shareholders' (deficit)    
Preferred Stock all classes 7,017,015 6,933,015
Preferred Stock Series C [Member]    
Shareholders' (deficit)    
Preferred Stock all classes 480 480
Series D Preferred Stock [Member]    
Shareholders' (deficit)    
Preferred Stock all classes 1,000,000 1,000,000
Series E Preferred Stock [Member]    
Shareholders' (deficit)    
Preferred Stock all classes 602,998 602,998
Series F Preferred Stock [Member]    
Shareholders' (deficit)    
Preferred Stock all classes 700,173 700,173
Series F-1 Preferred Stock [Member]    
Shareholders' (deficit)    
Preferred Stock all classes 142,983 142,983
Series G Preferred Stock [Member]    
Shareholders' (deficit)    
Preferred Stock all classes 1,300,976 1,300,976
Series H Preferred Stock [Member]    
Shareholders' (deficit)    
Preferred Stock all classes 476,405 0
Series I Preferred Stock [Member]    
Shareholders' (deficit)    
Preferred Stock all classes 195,000 195,000
Series K Preferred Stock [Member]    
Shareholders' (deficit)    
Preferred Stock all classes 8,200 8,200
Series K1 Preferred Stock [Member]    
Shareholders' (deficit)    
Preferred Stock all classes 0 1,447
Series L Preferred Stock [Member]    
Shareholders' (deficit)    
Preferred Stock all classes 1,277,968 1,277,968
Series R Preferred Stock [Member]    
Shareholders' (deficit)    
Preferred Stock all classes $ 198,000 $ 198,000

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