Balance Sheet

v3.10.0.1
Condensed Consolidated Balance Sheets - USD ($)
Sep. 30, 2018
Dec. 31, 2017
ASSETS    
Cash and cash equivalents $ 382,267 $ 704,006
Loans receivable, net, note 2 3,730,691 4,928,704
Other receivables 76,904 75,364
Prepaid expenses 17,082 18,238
Property and equipment, net, note 3 9,102 13,376
Security deposits 11,234 11,234
TOTAL ASSETS 4,227,280 5,750,922
LIABILITIES    
Accounts payable and accrued expenses 50,346 51,053
TOTAL LIABILITIES 50,346 51,053
COMMITMENTS AND CONTINGENCIES, note 7  
STOCKHOLDERS' EQUITY    
Preferred stock, $0.001 par value; 50,000,000 shares authorized, 360,000 and 0 shares issued and outstanding at June 30, 2018 and December 31, 2017, respectively, note 5 360
Common stock, $0.001 par value; 300,000,000 shares authorized, 17,226,283 and 17,463,449 shares issued and outstanding at September 30, 2018 and December 31, 2017, respectively, note 5 2,240,694 2,240,931
Additional paid-in capital 34,378,814 34,074,976
Accumulated deficit (32,442,934) (30,616,038)
TOTAL STOCKHOLDERS' EQUITY 4,176,934 5,699,869
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 4,227,280 $ 5,750,922

Source