v3.8.0.1
BALANCE SHEETS - USD ($)
Dec. 31, 2017
Dec. 31, 2016
Current assets:    
Cash $ 1,547,579 $ 1,055,895
Prepaid expenses 116,938 134,263
Total current assets 1,664,517 1,190,158
Property and equipment, net 18,716 24,188
Other assets:    
Deposits 17,084 27,612
Total assets 1,700,317 1,241,958
Current liabilities:    
Accounts payable and accrued expenses, including $27,375 and $15,755 to related parties as of December 31, 2017 and 2016, respectively 473,098 373,103
Dividends payable 447,901 359,891
Warrant liability 2,358,240 1,937,234
Derivative liability 685,922 288,934
Total current liabilities 3,965,161 2,959,162
Convertible Preferred Stock 985,000 1,070,000
Stockholders’ deficit    
Preferred stock
Common stock, $0.001 par value, authorized 200,000,000 shares, 29,321,204 and 22,588,184 issued and outstanding as of December 31, 2017 and 2016, respectively 29,321 22,588
Additional paid in capital 53,215,635 41,019,251
Commitments and contingencies 29,985
Accumulated deficit (56,524,786) (43,829,043)
Total stockholders’ deficit (3,249,844) (2,787,204)
Total liabilities and stockholders’ deficit 1,700,317 1,241,958
Series C Preferred Stock [Member]    
Current liabilities:    
Dividends payable 419,283 359,891
Series D Preferred Stock [Member]    
Stockholders’ deficit    
Preferred stock $ 1 $ 0

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