Annual report pursuant to Section 13 and 15(d)

Balance Sheets

v3.5.0.2
Balance Sheets - USD ($)
Dec. 31, 2015
Dec. 31, 2014
Current Assets    
Cash $ 160,859 $ 988,268
Accounts receivable 467,348 50,078
Prepaid expense 38,225 18,500
Due from third party 77,500 175,898
Due from - related party 104,494 59,486
Notes receivables - Current 100,767
Other current assets 212 4,069
Total Current Assets 949,405 1,296,299
Long Term Assets    
Website (net of accumulated amortization) 353,333
Notes receivables - long term 587,592
Property, Furniture and Equipment (net of accumulated depreciation) 84,140 2,666
Building Improvements (net of accumulated depreciation) 2,025,108
Land and improvements 71,488
Total Long Term Assets 2,768,328 355,999
Total Assets 3,717,733 1,652,298
Current Liabilities    
Account payable and accrued expenses 1,136,344 1,076,608
Account payable - related party 680,320
Due to related parties 125,902 1,930
Deferred revenue 226,950 226,950
Other payable 230,000 225,000
Total Current Liabilities 2,399,517 1,530,488
Notes Payables 3,250,000 2,050,000
Total Liabilities 5,649,517 3,580,488
Stockholders (Deficit)    
Common Stock (par value $0.001 authorized 100,000,000 shares, 32,120,446 and 31,954,236 common shares issued and outstanding as of December 31, 2015 and December 31, 2014, respectively) 32,120 31,954
Common stock subscribed but not yet issued (32,354,236 and 32,354,236 common shares as of December 31, 2015 and December 31, 2014, respectively) 32,354 32,354
Subscription receivable (25,000)
Common Stock Warrants 1,165,563 1,165,563
Additional Paid in Capital 7,005,164 6,056,740
Accumulated Deficit (10,196,094) (8,971,892)
Noncontrolling interest 54,109 (242,909)
Total stockholders deficit (1,931,783) (1,928,190)
Total Liabilities and Stockholders Deficit $ 3,717,733 $ 1,652,298