v3.10.0.1

Condensed Consolidated Balance Sheets - USD ($)	Sep. 30, 2018	Dec. 31, 2017
CURRENT ASSETS:
Cash	$ 103,000	$ 587,000
Prepaid expenses and deposits	126,000	290,000
Total Current Assets	229,000	877,000
NON-CURRENT ASSETS:
Property and equipment, net	238,000	443,000
Total Non-Current Assets	238,000	443,000
TOTAL ASSETS	467,000	1,320,000
CURRENT LIABILITIES:
Accounts payable and accrued expenses	358,000	261,000
Due to related party	980,000	874,000
Advances from shareholders	144,000
Dividend payable	700,000
Deposits from potential investors	270,000
Deposits for shares to be issued		2,075,000
Total Current Liabilities	2,452,000	3,210,000
Commitments and contingencies
STOCKHOLDERS' EQUITY:
Preferred stock at $0.0001 par value: 500,000,000 shares authorized; 121,058,863 shares issued and outstanding	12,000	12,000
Common stock par value $0.0001: 2,000,000,000 shares authorized; 126,325,792 and 119,529,803 shares issued and outstanding, respectively	12,000	12,000
Additional paid-in capital	2,686,000	63,000
Accumulated other comprehensive income	6,000
Accumulated deficit	(4,701,000)	(1,977,000)
Total Stockholders' equity	(1,985,000)	(1,890,000)
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	$ 467,000	$ 1,320,000

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.

US VR Global.com Inc. 10-Q