20M TOXIC DEBT ... LIABILITIES AND STOCKHOLDERS' DEFICIT Liabilities Bank Overdraft $ 44 $ — Term Notes Payable 441,421 441,421 Notes Payable - Affiliates 1,102,971 1,100,611 Judgements Payable 1,129,326 1,102,510 Convertible Notes Payable, Net of Discounts of $833 and $24,291 101,462 75,189 Derivative Liability 284,455 168,248 Deferred Retirement Benefits 438,782 438,782 Accounts Payable 844,543 822,182 Advances from Shareholders 149,185 149,185 Accrued Expenses 2,974,295 15,486,885 Total Liabilities 7,466,484 19,785,013 3/15, 2016 the Registrant issued 440,000,000 shares of its common stock see: https://www.sec.gov/Archives/edgar/data/78311/000109181816000240/soum031620168k.htm Notification of inability to timely file Form 10-K 405, 10-K, 10-KSB 405, 10-KSB, 10-KT, or 10-KT405 Acc-no: 0001091818-16-000252 (34 Act) Size: 23 KB https://www.sec.gov/Archives/edgar/data/78311/000109181816000252/soum03302016nt10k.htm