Quarterly report pursuant to Section 13 or 15(d)

Balance Sheets

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Balance Sheets - USD ($)
Mar. 31, 2016
Dec. 31, 2015
Current Assets    
Cash $ 601,145 $ 160,859
Accounts receivable 642,972 467,348
Prepaid expense 38,025 38,225
Due from third party 252,000 77,500
Due from - related party 36,796 104,494
Notes receivables - Current 100,767 100,767
Other current assets 914 212
Total Current Assets 1,672,619 949,405
Long Term Assets    
Notes receivables - long term 580,544 587,592
Property, Furniture and Equipment (net of accumulated depreciation) 169,590 84,140
Building Improvements (net of accumulated depreciation) 2,875,574 2,025,108
Land and improvements 89,988 71,488
Total Long Term Assets 3,715,696 2,768,328
Total Assets 5,388,315 3,717,733
Current Liabilities    
Account payable and accrued expenses 1,080,429 1,136,344
Account payable - related party 743,552 680,320
Bank Line of Credit 823,897
Due to related parties 88,744 125,902
Deferred revenue 226,950 226,950
Other payable 225,000 230,000
Total Current Liabilities 3,188,572 2,399,517
Notes Payables 3,650,000 3,250,000
Total Liabilities 6,838,572 5,649,517
Stockholders (Deficit)    
Common Stock (Par value $0.001 authorized 100,000,000 shares, 32,120,446 common shares issued and outstanding as of March 31, 2016 and December 31, 2015) 32,120 32,120
Common stock subscribed but not yet issued (31,954,236 and 32,354,236 common shares as of March 31, 2016 and December 31, 2015, respectively) 31,954 32,354
Subscription receivable (25,000) (25,000)
Common Stock Warrants 1,165,563 1,165,563
Additional Paid in Capital 7,367,409 7,005,164
Accumulated Deficit (10,296,629) (10,196,094)
Noncontrolling interest 274,326 54,109
Total stockholders deficit (1,450,257) (1,931,783)
Total Liabilities and Stockholders Deficit $ 5,388,315 $ 3,717,733