Annual report pursuant to Section 13 and 15(d)

Consolidated Statement of Stockholders' Equity (Deficit)

v3.23.1
Consolidated Statement of Stockholders' Equity (Deficit) - USD ($)
Preferred Stock [Member]
Series A Convertible Preferred Stock [Member]
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, 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 dividends 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)
Ending balance, shares at Dec. 31, 2021 65,233 238,501 65,599,565          
Series B convertible preferred stock sold for cash $ 300,000
Series B convertible preferred stock sold for cash, shares   20,000            
Common stock issued for services $ 1,603 154,250 (21,725) 134,128
Common stock issued for services, shares     1,603,342          
Amortization of common stock options issued for services 164,620 164,620
Series A convertible preferred stock dividends declared ($0.60 per share) (38,923) (38,923)
Loss on foreign currency translation 13,648 13,648
Net loss (3,059,477) (3,059,477)
Series A convertible preferred stock sold for cash $ 50,000
Series A convertible preferred stock sold for cash, shares 5,000              
Series B convertible preferred stock issued as commitment fee on ELOC $ 205,005
Series B convertible preferred stock issued as commitment fee on ELOC, shares   13,667            
Balance at Dec. 31, 2022 $ 702,330 $ 4,082,520 $ 67,203 $ 17,123,603 $ (50,699) $ (22,976,365) $ (5,836,258)
Ending balance, shares at Dec. 31, 2022 70,233 272,168 67,202,907