Quarterly report pursuant to Section 13 or 15(d)

CONSOLIDATED BALANCE SHEETS

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CONSOLIDATED BALANCE SHEETS - USD ($)
Mar. 31, 2016
Dec. 31, 2015
Current assets:    
Cash and cash equivalents $ 2,439 $ 2,090
Other receivables 25,000  
Prepaid expenses and other current assets 1,269 47,722
Assets held for sale 15,000 42,000
Current assets from discontinued operations 3,632 12,350
Total current assets 47,340 104,162
Other assets:    
Equipment, net of depreciation   159
Total other assets   159
Total assets 47,340 104,321
Current liabilities:    
Accounts payable 169,270 159,249
Accrued liabilities 93,859 95,339
Interest payable 212,506 161,608
Income taxes payable 200 200
Senior secured notes payable 962,361 947,361
Current portion of unsecured notes payable 420,000 419,033
Current liabilities from discontinued operations 307,219 300,338
Total current liabilities 2,165,415 2,083,128
Long-term liabilities:    
Total liabilities 2,165,415 2,083,128
Commitments and contingencies
Stockholders' equity:    
Preferred stock value 18 18
Common stock value 1,102 1,102
Additional paid-in capital 14,327,428 14,322,366
Accumulated deficit (15,017,006) (14,874,680)
Stockholders' equity from discontinued operations (1,429,617) (1,427,613)
Total stockholders' equity (2,118,075) (1,978,807)
Total liabilities and stockholders' equity $ 47,340 $ 104,321