Quarterly report pursuant to Section 13 or 15(d)

Condensed Statements of Operations and Comprehensive Loss (Unaudited)

v3.10.0.1
Condensed Statements of Operations and Comprehensive Loss (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Income Statement [Abstract]        
Revenues $ 0 $ 0 $ 0 $ 0
Operating Expenses        
General and administration 301,859 293,540 1,446,867 900,478
Professional 49,068 59,667 179,658 365,962
Research and development 75,000 87,000 225,000 281,076
Impairment loss 0 50,000 0 50,000
Total operating expenses 425,927 490,207 1,851,525 1,597,516
Net loss from operations (425,927) (490,207) (1,851,525) (1,597,516)
Other Income (loss)        
Derivative (loss) gain (818,355) (210,250) (517,205) (210,250)
Loss on stock settlement (223,825) 0 (477,126) 0
Amortization of discount and debt issuance costs for convertible notes (112,325) 0 (345,013) 0
Interest expense (14,839) (17,362) (37,958) (17,362)
Total other (loss) income (1,169,344) (227,612) (1,377,302) (227,612)
Net loss before income taxes (1,595,271) (717,819) (3,228,827) (1,825,128)
Provision for income tax 0 0 0 0
Net Loss $ (1,595,271) $ (717,819) $ (3,228,827) $ (1,825,128)
Basic and Diluted Loss per Common Share $ (0.04) $ (0.02) $ (0.09) $ (0.05)
Weighted Average Number of Common Shares Outstanding 38,499,588 33,571,862 37,178,323 33,667,112