Annual report pursuant to Section 13 and 15(d)

Consolidated Statement of Stockholders' Equity (Deficit)

v3.22.1
Consolidated Statement of Stockholders' Equity (Deficit) - USD ($)
Series A Convertible Preferred Stock [Member]
Series B Convertible Preferred Stock [Member]
Common Stock [Member]
Additional Paid-in Capital [Member]
Subscriptions Payable [Member]
AOCI Attributable to Parent [Member]
Retained Earnings [Member]
Total
Balance at Dec. 31, 2019 $ 44,804 $ 8,150,004 $ 250,000 $ (16,248) $ (8,167,166) $ 261,394
Balance, shares at Dec. 31, 2019 44,804,305          
Preferred stock units sold for cash $ 1,502,330
Preferred stock units sold for cash, shares 150,233              
Common stock sold for cash $ 500 249,500 (175,000) 75,000
Common stock sold for cash, shares   500,000          
Common stock issued for services $ 7,781 3,570,719 3,578,500
Common stock issued for services, shares     7,781,000          
Amortization of common stock options issued for services 2,170,685 2,170,685
Series A convertible preferred stock dividend declared ($0.60 per share) (37,236) (37,236)
Loss on foreign currency translation (36,622) (36,622)
Net loss (7,965,160) (7,965,160)
Balance at Dec. 31, 2020 $ 1,502,330 $ 53,085 14,103,672 75,000 (52,870) (16,132,326) (1,953,439)
Balance, shares at Dec. 31, 2020 150,233 53,085,305          
Series B convertible preferred stock sold for cash to our CEO $ 3,050,010
Series B convertible preferred stock sold for cash to our CEO, shares   203,334            
Series B convertible preferred stock sold for cash $ 527,505 (10) (10)
Series B convertible preferred stock sold for cash, shares   35,167            
Common stock sold for cash $ 750 74,250 (75,000)
Common stock sold for cash, shares     750,000          
Conversion of series A convertible preferred stock $ (850,000) $ 8,500 841,500 850,000
Conversion of series A convertible preferred stock, shares (85,000)   8,500,000          
Common stock issued for services $ 955 111,075 21,725 133,755
Common stock issued for services, shares     954,260          
Commitment shares issued pursuant to promissory note $ 2,250 416,062 418,312
Commitment shares issued pursuant to promissory note, shares     2,250,000          
Exercise of cashless options $ 60 (60)
Exercise of cashless options, shares     60,000          
Warrants issued as a debt discount 358,017 358,017
Amortization of common stock options issued for services 1,000,834 1,000,834
Series A convertible preferred stock dividend declared ($0.60 per share) (61,684) (61,684)
Loss on foreign currency translation (11,477) (11,477)
Net loss (3,784,562) (3,784,562)
Balance at Dec. 31, 2021 $ 652,330 $ 3,577,515 $ 65,600 $ 16,843,656 $ 21,725 $ (64,347) $ (19,916,888) $ (3,050,254)
Balance, shares at Dec. 31, 2021 65,233 238,501 65,599,565