Annual report pursuant to Section 13 and 15(d)

Stockholders' Deficit (Tables)

Stockholders' Deficit (Tables)

12 Months Ended

Dec. 31, 2017

The following table summarizes the activity in the Company’s various classes of Preferred Stock included in Stockholders’ Deficit for the years ended December 31, 2017 and 2016:

	Series B						Series C						Series E						Series G						Series H						Total
	Shares			Amount			Shares			Amount			Shares			Amount			Shares			Amount			Shares			Amount			Shares			Amount
Balance at December 31, 2015		5,000		$	50			9,000		$	90			45,000		$	450			-		$	-			-		$	-			59,000		$	590
Conversion of Series C Preferred shares into common stock								(260	)		(3	)																				(260	)		(3	)
Exchange of Series C Preferred Stock and warrants for Series G Preferred Stock and warrants								(8,740	)		(87	)								13,793			138									5,053			51
Conversion of Series G Preferred Stock into common stock																				(5,232	)		(53	)								(5,232	)		(53	)
Conversion of Series B Preferred shares into common stock		(5,000	)		(50	)																										(5,000	)		(50	)
Cancellation of Series E Preferred Stock														(45,000	)		(450	)														(45,000	)		(450	)
Issuance of Series H Preferred Stock for cash																										12,350			124			12,350			124
Redemption of Series G Preferred Stock																				(8,346	)		(83	)								(8,346	)		(83	)
Conversion of Series H Preferred Stock into common stock																										(2,331	)		(24	)		(2,331	)		(24	)
Balance at December 31, 2016		-		$	-			-		$	-			-		$	-			215		$	2			10,019		$	100			10,234		$	102

	Series G				Series H						Series F				Total
	Shares		Amount		Shares			Amount			Shares		Amount		Shares			Amount
Balance at December 31, 2016		215	$	2		10,019		$	100			-	$	-		10,234		$	102
Conversion of Series H Preferred shares into common stock						(7,785	)		(78	)						(7,785	)		(78	)
Issuance of Series F for business acquisition												1,750,000		17,500		1,750,000			17,500
Exchange of Series H Preferred Stock for convertible debentures						(2,174	)		(22	)						(2,174	)		(22	)
Issuance of Series I-1 Stock into common stock																-			-
Balance at December 31, 2017		215	$	2		60		$	-			1,750,000	$	17,500		1,750,275		$	17,502

Schedule of Common Shares Outstanding

The following table presents the dilutive effect of our various potential common shares as of April 1, 2018:

	April 1, 2018
Common shares outstanding		500,000,000
Dilutive potential shares:
Stock options		38,478
Warrants		15,327,409,130
Convertible debt		680,485,125
Convertible preferred stock		787,212,324
Total dilutive potential common shares		17,295,145,057

Schedule of Stock Option Activity

The following table summarizes the stock option activity for the years ended December 31, 2017 and 2016:

	Number of options			Weighted-average exercise price		Weighted-average contractual term
Outstanding at December 31, 2015		3,557		$	3,479.40		2.90
Granted		46,219		$	1,778.25
Expired		(286	)	$	430.35
Forfeit		(2,222	)	$	324.00
Outstanding at December 31, 2016		47,268		$	1,941.45		8.93
Granted		-
Expired		-
Forfeit		(8,790	)
Outstanding at December 31, 2017		38,478		$	2,072.75		8.33

Exercisable at December 31, 2017		32,922		$	2,373.16

Schedule of Stock Option Outstanding and Exercisable

The following table summarizes information with respect to stock options outstanding and exercisable by employees and directors at December 31, 2017:

	Options outstanding							Options vested and exercisable
	Exercise price	Number outstanding	Weighted average remaining contractual life (years)		Weighted average exercise		Aggregate intrinsic value	Number vested		Weighted average exercise		Aggregate intrinsic value
$	4,500.00	11,111	8.25	$	4,500.00	$	–	11,111	$	4,500.00	$	-
$	2,250,00	11,111	8.25	$	2,250.00		-	11,111	$	2,250.00		-
$	450.00	8,128	8.33	$	450.00		-	5,350	$	450.00		-
$	135.00	8,128	8.54	$	135.00		–	5,350	$	135.00		–
		38,478		$	2,072.75	$	–	32,922	$	2,373.16	$	–

Schedule of Warrants Activity

The following summarizes the information related to warrants issued and the activity during the years ended December 31, 2017 and 2016:

	Number of warrants			Weighted average exercise price
Balance at December 31, 2015		15,330		$	27.4500
Cashless exercises		(205	)	$	103.5000
Exchange of December 30, 2015 warrants		(14,337	)	$	871.9500
Exchange Warrants issued		22,777		$	202.5000
Warrants issued during the period		70,278		$	168.1500
Balance at December 31, 2016		93,843		$	175.5000
Warrants issued during the period		2,176,978,875		$	0.0376
Warrants exchanged/exercised during the period		(6,500	)	$	184.3770
March Warrants exercised during the period		(663,000	)	$	0.9600
Balance at December 31, 2017		2,176,403,218		$	0.0444

- Definition

Tabular disclosure of warrants or rights issued. Warrants and rights outstanding are derivative securities that give the holder the right to purchase securities (usually equity) from the issuer at a specific price within a certain time frame. Warrants are often included in a new debt issue to entice investors by a higher return potential. The main difference between warrants and call options is that warrants are issued and guaranteed by the company, whereas options are exchange instruments and are not issued by the company. Also, the lifetime of a warrant is often measured in years, while the lifetime of a typical option is measured in months. Disclose the title of issue of securities called for by warrants and rights outstanding, the aggregate amount of securities called for by warrants and rights outstanding, the date from which the warrants or rights are exercisable, and the price at which the warrant or right is exercisable.

+ References + Details