General form of registration statement for all companies including face-amount certificate companies

Consolidated Balance Sheets

v3.8.0.1
Consolidated Balance Sheets - USD ($)
Dec. 31, 2017
Dec. 31, 2016
Current Assets:    
Cash and cash equivalents $ 394,398 $ 340,071
Accounts receivable 26,311 25,564
Accounts receivable - related party 564 10,332
Inventories 47,432 68,495
Prepaid expenses 8,280 7,962
Total current assets 476,985 452,424
Property and equipment, net 6,336 8,517
Other assets    
Investment 0 0
Intercompany 0 0
Deposits 7,210 24,726
Total Assets 490,531 485,667
Current Liabilities:    
Accounts payable and accrued liabilities 449,256 368,513
Customer deposit 31,734 62,126
Loan from related party 0 0
Loan from stockholders 0 0
Income taxes payable 800 800
Total current liabilities 481,790 431,439
Noncurrent Liabilities:    
Convertible promissory note, net 81,342 0
Deferred rent 0 468
Total Liabilities 563,132 431,907
Commitments and Contingencies
Stockholders' Equity:    
Common stock, par value $0.001 per share, 75,000,000 shares authorized, 34,574,706 shares issued and outstanding as of December 31, 2017 and 2016, respectively 34,575 34,575
Additional paid-in capital 1,871,618 1,371,618
Accumulated deficit (1,978,794) (1,352,433)
Total stockholders' equity (72,601) 53,760
Total Liabilities and Stockholder's Equity $ 490,531 $ 485,667