v3.19.2

CONSOLIDATED BALANCE SHEETS - USD ($)	Dec. 31, 2017	Dec. 31, 2016
Current Assets:
Cash and cash equivalents	$ 13,582	$ 1,582
Prepaid assets and other	718	4,000
Total current assets	14,300	5,583
Land, property and equipment, net of accumulated depreciation of $3,504 (2017) and $5,377 (2016), respectively	180,234	181,649
Total assets	194,534	187,232
Current Liabilities:
Accounts payable and accrued expenses	516,997	144,425
Accounts payable and accrued expenses, stockholders	16,351	20,960
Note payable	170,000	180,000
Convertible notes payable, related party, net of discount of $531,187 (2015)	1,379,245	1,229,360
Derivative liability	2,538,644	954,884
Liabilities of discontinued operations	122,948	117,352
Total current liabilities	4,744,184	2,646,981
Total liabilities	4,744,184	2,646,981
Stockholders' Deficit:
Common stock, $0.001 par value; 300,000,000 shares authorized; 1,200,043 shares issued and outstanding	1,200	1,200
Preferred stock, $0.001 par value; 10,000,000 shares authorized Series A preferred stock, $0.001 par value; 100 shares issued and outstanding
Additional paid-in capital	5,141,459	5,141,459
Accumulated deficit	(9,692,309)	(7,602,409)
Total stockholders' deficit	(4,549,650)	(2,459,750)
Total liabilities and stockholders' deficit	$ 194,534	$ 187,232

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.

Blockchain Solutions, Inc. 10-K