Quarterly report pursuant to Section 13 or 15(d)

CONSOLIDATED STATEMENTS OF OPERATIONS

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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Income Statement        
Equipment sales       $ 5,000
Total revenue       5,000
Gross profit       5,000
Expenses:        
Selling, general and administrative $ 10,270 $ 3,284 $ 23,869 83,799
Research and development 83 5,697 166 5,697
Total expenses 10,353 8,981 24,035 89,496
Loss from continuing operations, before taxes (10,353) (8,981) (24,035) (84,496)
Other Income and Expense:        
Gain (loss) on extinguishment of debt 30,912 25,155 30,912 25,155
Interest expense 63,410 62,634 125,355 118,740
Total other income and expense (32,498) (37,479) (94,443) (93,585)
Loss before income taxes (42,851) (46,460) (118,478) (178,081)
Net income (loss) from continuing operations (42,851) (46,460) (118,478) (178,081)
Net income (loss) from discontinued operations   3,260   1,256
Net loss (42,851) (43,200) (118,478) (176,825)
Preferred stock cumulative dividend and deemed dividend (10,706) (10,706) (21,294) (21,411)
Net loss available to common stockholders $ (53,557) $ (53,906) $ (139,772) $ (198,236)
Net loss per common share basic and diluted from continuing operations $ 0 $ (0.01) $ (0.01) $ (0.02)
Net loss per common share basic and diluted from discontinued operations 0 0 0 0
Net loss per common share basic and diluted $ 0 $ (0.01) $ (0.01) $ (0.02)
Weighted average shares outstanding basic and diluted 11,017,388 11,017,388 11,017,388 11,017,388