We really need expansion. DID not like the 10Q over 1 million more in accumulated deficit and they are issuing shares to pay the employees and account payable s. :(
Accumulated deficit (11,736,896 ) (10,609,240 )
Common Stock Additional Common Total
Paid in Stock Accumulated Stockholders’
Shares Amount Capital Issuable Deficit Deficit
Balance January 1, 2017 67,934,205 $ 67,933 $ 8,229,747 $ 218,535 $ (10,609,240 ) $ (2,093,025 )
Shares issued for employees compensation 10,170,000 10,170 18,300 28,470
Shares issued to settle accounts payable 2,100,000 2,100 243,900 246,000
Shares issued for convertible notes 54,118,046 54,119 218,728 272,847
Cash received for stock issuable 75,000 75,000
Shares issued for professional services 600,000 600 9,690 10,290
Fair value of warrants granted for services 531,000 531,000
Stock issuable to settle the convertible notes (100,000 ) 553,000 453,000
Net loss (1,127,656 ) (1,127,656 )
Balance July 2, 2017 134,922,251 $ 134,922 $ 9,151,365 $ 846,535 $ (11,736,896 ) $ (1,604,074 )
See Accompanying Notes to Condensed Consolid