Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited)

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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Operating Activities:    
Net loss $ (293,859) $ (533,090)
Adjustments to reconcile net loss to net cash provided by (used for) operating activities:    
Change in fair value of derivative liabilities 124,306
Amortization of interest - beneficial conversion feature 500 21,500
Stock warrants expense 22,517 75,718
Stock options expense 4,500
Stock-based compensation 7,999 6,290
Changes in assets and liabilities:    
Prepaid expenses 5,483 (7,619)
Accounts payable (116,142) 172,089
Accrued expenses 20,925 28,310
Accrued interest payable 81,401 58,874
Related party payable 208,555 (70,320)
Stock subscriptions payable 557 10,320
Net cash used in operating activities (57,564) (113,622)
Financing Activities:    
Proceeds from shares issuances - related parties 25,000
Proceeds from shares issuances - non-related parties 25,200
Proceeds from notes payable - related parties 55,300
Proceeds from notes payable - non-related parties 6,000 50,000
Net cash provided by financing activities 61,300 100,200
Net Change In Cash 3,736 (13,422)
Cash At The Beginning Of The Period 142 14,305
Cash At The End Of The Period 3,878 883
Schedule Of Non-Cash Investing And Financing Activities:    
Debt converted to capital 112,871
Related party payables converted to capital 15,571 164,297
Reclassification of derivative liabilities to paid-in capital 504,263
Reclassification of paid-in capital to derivative liabilities 199,919
Intrinsic value - beneficial conversion feature 6,000
Fair value of stock warrants granted 29,701
Research and development prepaid expenses with common shares 25,800
Supplemental Disclosure:    
Cash paid for interest
Cash paid for income taxes