Balance Sheet

v3.19.1
Condensed Consolidated Balance Sheets - USD ($)
Mar. 31, 2019
Dec. 31, 2018
ASSETS    
Cash and cash equivalents $ 341,374 $ 365,934
Loans receivable, net, note 2 2,740,808 3,174,574
Other receivables 54,039 67,994
Prepaid expenses 7,323 15,252
Property and equipment, net, note 3 6,621 7,854
Security deposits 11,234 11,234
TOTAL ASSETS 3,161,399 3,642,842
LIABILITIES    
Accounts payable and accrued expenses 101,126 2,387
TOTAL LIABILITIES 101,126 2,387
COMMITMENTS AND CONTINGENCIES, note 7
STOCKHOLDERS' EQUITY    
Preferred stock, $0.001 par value; 50,000,000 shares authorized, 360,000 and 360,000 shares issued and outstanding at March 31, 2019 and December 31, 2018, respectively, note 5 360 360
Common stock, $0.001 par value; 300,000,000 shares authorized, 17,226,283 and 17,226,283 shares issued and outstanding at March 31, 2019 and December 31, 2018, respectively, note 5 2,240,694 2,240,694
Additional paid-in capital 34,378,814 34,378,814
Accumulated deficit (33,559,595) (32,979,413)
TOTAL STOCKHOLDERS' EQUITY 3,060,273 3,640,455
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 3,161,399 $ 3,642,842

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