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

Consolidated Balance Sheets

v3.10.0.1
Consolidated Balance Sheets - USD ($)
Jun. 30, 2018
Dec. 31, 2017
Dec. 31, 2016
Current Assets:      
Cash and cash equivalents $ 3,721,226 $ 394,398 $ 340,071
Accounts receivable 0 26,311 25,564
Accounts receivable - related party 19,200 564 10,332
Inventories 66,309 47,432 68,495
Prepaid expenses 1,667 8,280 7,962
Total current assets 3,808,402 476,985 452,424
Property and equipment, net 5,246 6,336 8,517
Other assets      
Investment   0 0
Intercompany   0 0
Deposits 7,210 7,210 24,726
Total Assets 3,820,858 490,531 485,667
Current Liabilities:      
Accounts payable and accrued liabilities 270,711 449,256 368,513
Customer deposit 60,019 31,734 62,126
Loan from related party   0 0
Loan from stockholders 50,000 0 0
Income taxes payable 0 800 800
Total current liabilities 380,730 481,790 431,439
Noncurrent Liabilities:      
Convertible promissory note, net 0 81,342 0
Deferred rent   0 468
Total Liabilities 380,730 563,132 431,907
Commitments and Contingencies
Stockholders' Equity:      
Common stock 40,644 34,575 34,575
Additional paid-in capital 12,487,372 1,871,618 1,371,618
Subscriptions receivable 6,267,360    
Accumulated deficit 457,377 (1,978,794) (1,352,433)
Total stockholders' equity (3,277,905) (72,601) 53,760
Total Liabilities and Stockholder's Equity $ 3,440,128 $ 490,531 $ 485,667