v3.6.0.2

CONSOLIDATED BALANCE SHEETS - USD ($)	Mar. 31, 2016	Dec. 31, 2015
ASSETS
Cash and equivalents	$ 3,973	$ 1,990
Other current assets		10,000
Total current assets	3,973	11,990
Property and equipment, net of accumulated depreciation of $1,048 and $0 at March 31, 2016 and December 31, 2015, respectively	11,535
Total non-current assets	11,535
TOTAL ASSETS	15,508	11,990
LIABILITIES AND STOCKHOLDERS' DEFICIT
Accounts payable and accrued liabilities	304,163	229,607
Notes payable	586,274	531,741
Notes payable, related parties	494,037	413,259
Total current liabilities	1,384,474	1,174,607
TOTAL LIABILITIES	1,384,474	1,174,607
STOCKHOLDERS' DEFICIT
Preferred stock, $0.0001 par value, 50,000,000 shares authorized; no shares issued and outstanding
Common stock, $0.0001 par value; 100 million shares authorized, 48,510,901 shares issued and outstanding at March 31, 2016 and December 31, 2015	4,852	4,852
Additional paid-in capital	1,774,080	1,772,601
Accumulated other comprehensive gain (loss)	148,250	212,074
Common stock payable	17,550	17,550
Accumulated deficit	(3,313,698)	(3,169,154)
TOTAL STOCKHOLDERS' DEFICIT	(1,368,966)	(1,162,617)
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT	$ 15,508	$ 11,990

Sum of the carrying values as of the balance sheet date of obligations incurred through that date and due within one year (or the operating cycle, if longer), including liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received, taxes, interest, rent and utilities, accrued salaries and bonuses, payroll taxes and fringe benefits.

Novagen Ingenium Inc. 10-Q