Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Shareholders' Deficit

v3.19.1
Consolidated Statements of Shareholders' Deficit - USD ($)
Members' Equity
Common Stock
Additional Paid-In Capital
Retained Earnings / Accumulated Deficit
Total
Beginning balance, value at Dec. 31, 2016 $ 742,313 $ 0 $ 0 $ (2,066,785) $ (1,324,472)
Common stock converted from LLC Units, value converted (742,313)        
Common stock converted from LLC Units, stock issued   22,500,000      
Common stock converted from LLC Units, value   $ 2,500 719,813    
Common stock issued in settlement of debt, shares   500,000      
Common stock issued in settlement of debt, value   $ 500 499,500   500,000
Sale of common stock, shares   2,046,000      
Sale of common stock, value   $ 2,036 1,953,966   1,956,002
Stock based compensation     84,837   84,837
Net loss       (2,577,395) (2,577,395)
Ending balance, shares at Dec. 31, 2017   25,046,000      
Ending balance, value at Dec. 31, 2017 0 $ 25,036 3,258,116 (4,644,180) (1,361,028)
Clawback of stock granted, shares   (375,000)      
Clawback of stock granted, value   $ (375) 375    
Payment of outstanding balance for PPM     80,000   80,000
Stock based compensation     1,345,825   1,345,825
Stock grant program vesting, shares   558,833      
Stock grant program vesting, value   $ 569 (569)    
Warrants     4,525   4,525
Net loss       (3,895,873) (3,895,873)
Ending balance, shares at Dec. 31, 2018   25,229,833      
Ending balance, value at Dec. 31, 2018 $ 0 $ 25,230 $ 4,688,272 $ (8,540,053) $ (3,826,551)