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 ($)
 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Operating Activities    
Net loss $ (512,117) $ (426,701)
Adjustments to reconcile net loss to net cash used in operating activities:    
Change in fair value of derivative liability (3,400)
Interest expense - conversion feature 56,100
Amortization - debt discount 5,920 4,533
Stock warrants expense 36,103 33,138
Stock options expense 4,500
Stock-based compensation expense 7,999
Changes in assets and liabilities:    
Prepaid expenses 3,591 14,374
Accounts payable (2,692) (105,765)
Accrued expenses (1,393) (76,923)
Accrued interest payable 123,008 116,122
Related party payables 91,048 366,777
Stock subscriptions payable 1,303 927
Net cash used in operating activities (202,529) (61,019)
Financing Activities:    
Proceeds from notes payable - related parties 116,625 55,300
Proceeds from notes payable - non-related parties 60,000 6,000
Proceeds from issuances of common stock - non-related parties 39,000
Net cash provided by financing activities 215,625 61,300
Net Change In Cash 13,096 281
Cash At The Beginning Of The Period 89 142
Cash At The End Of The Period 13,185 423
Schedule Of Non-Cash Investing And Financing Activities:    
Related party payables converted to capital 59,500
Gain on related party payables converted to capital 564,093 21,695
Gain on related party conversion of preferred stock into common stock 1,329,561
Relative fair value of stock warrants granted 54,535 29,701
Fair value of embedded conversion feature 56,100
Intrinsic value - beneficial conversion feature 6,000
Exercise of cashless stock warrants 146,774
Research and development prepaid expenses with commons shares 25,800
Supplemental Disclosure:    
Cash paid for interest 3,750
Cash paid for income taxes