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Re: mick post# 35090

Wednesday, 06/20/2018 2:34:10 PM

Wednesday, June 20, 2018 2:34:10 PM

Post# of 50894
$IDGC #4 / ID Global Corporation and Subsidiary
Consolidated Financial Statements
As of December 31, 2017 and 2016.

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ID Global Corporation and Subsidiary

ID Global Corporation and Subsidiary
See accompanying notes to financial statements.
2
Consolidated Balance Sheets
As of December 31, 2017 and 2016
(Unaudited)
ASSETS
12/31/2017 12/31/2016
Current assets
Cash $ 1,389 $ 1,871
Prepaid compensation 0 0
Total current assets 1,389 1,871
Fixed Assets Cars, Trucks, Furniture 5,496 5,496
Less Accumulated depreciation (1,708) (1,433)
Net Fixed Assets 3,788 4,063
Investments 2,535,286 3,011,200

Total assets $ 2,540,463 $ 3,017,134
Current liabilities
LIABILITIES & STOCKHOLDERS' DEFICIT
Trade accounts payable $ 257,698 $ 363,635
Accrued interest 164,415 164,415
Notes payable
1
301,580 269,580
Convertible notes payable 381,695 381,695
Derivative liability portion of convertible notes 3,210,185 3,562,338
Total current liabilities 4,315,573 4,741,663
Stockholders' deficit:
Common stock (par 0.0001, 7,500,000,000
authorized, and 5,819,454,357 issued and
outstanding at December 31, 2017 and
5,819,454,357 issued and outstanding at
December 31, 2016 ) 235,687 235,687
Preferred stock (par 0.0001, 100,000,000
authorized, and 80,000,000
issued and outstanding) 800 800
Additional paid in capital 8,554,927 8,343,033
Accumulated deficit (7,016,404) (6,965,923)
Total stockholders' deficit (1,775,010) (1,724,529)
Total liabilities and stockholders' deficit $ 2,540,463 $ 3,017,134

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