v3.19.1

CONSOLIDATED BALANCE SHEETS - USD ($)	Dec. 31, 2018	Dec. 31, 2017
CURRENT ASSETS:
Cash	$ 2,149,738	$ 1,458,942
Accounts receivable, net	148,225	471,112
Inventories	44,431	32,580
Prepaid and other assets	4,000
Total Current Assets	2,346,394	1,962,634
Property and Equipment, net	37,369	10,592
Intangible assets, net	3,731,584	4,196,717
Goodwill	3,313,226	3,313,226
TOTAL ASSETS	9,428,573	9,483,169
CURRENT LIABILITIES:
Accounts payable and accrued expenses	1,100,005	1,346,317
Loans payable - related parties		33,512
Income tax payable	80,000
Salaries payable - related party	50,000	182,000
Current portion - notes payable, net of discounts of $0 and $399,252 December 31, 2018 and 2017, respectively	2,500,000	265,196
Total Current Liabilities	3,730,005	1,827,025
Long-term Liabilities:
Notes payable, net of discounts of $287,785 and $757,839 December 31, 2018 and 2017, respectively	4,862,215	6,077,713
Deferred tax liability	905,128	980,212
Total long-term liabilities	5,767,343	7,057,925
Total liabilities	9,497,348	8,884,950
STOCKHOLDERS' EQUITY
Preferred Stock, .001 par value, 5,000,000 shares authorized No shares issued and outstanding December 31, 2018 and 2017
Common Stock, .001 par value, 100,000,000 shares authorized 22,869,191 shares issued and outstanding December 31, 2018 and 2017, respectively	22,869	22,869
Additional Paid in Capital	1,117,967	1,117,967
Accumulated Deficit	(1,209,611)	(542,617)
Total stockholders' equity (deficiency)	(68,775)	598,219
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIENCY)	$ 9,428,573	$ 9,483,169

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.

Health-Right Discoveries, Inc. 10-K