Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY (DEFICIT)

v3.20.2
CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY (DEFICIT) - USD ($)
Series B Convertible Preferred Stock
Preferred Stock
Common Stock
Additional Paid-In Capital
Accumulated Deficit
Accumulated Other Comprehensive Income
Noncontrolling Interest [Member]
Total
Beginning Balance at Dec. 31, 2014 $ 13 $ 339,311 $ 25,657,053 $ (28,946,103) $ (66,586) $ (5,204,123) $ (8,220,435)
Beginning Balance, Shares at Dec. 31, 2014 13,000 339,311,434          
Contributions from noncontrolling interests 429,743 429,743
Distribution to noncontrolling interests (250,000) (250,000)
Issuance of common stock for services, Value $ 2,218 8,872 11,090
Issuance of common stock for services, Shares 2,218,000          
Share-based compensation from issuance of options and compensation-based warrants 133,172 133,172
Accrual of preferential return for the noncontrolling interests (2,039,224) (2,039,224)
Write off of accrued interest and preferred return forgiven by partner 4,733,963 12,140,304 16,874,267
Foreign currency translation loss (3,691,454) 172,562 2,368,240 (405)
Reclassification accumulated foreign currency translation included in earnings            
Net Loss (1,573,412) (7,444,940) (9,018,352)
Ending Balance at Dec. 31, 2015 $ 13 $ 341,529 30,533,060 (34,210,969) 105,976 $ (3,230,391)
Ending Balance, Shares at Dec. 31, 2015 13,000 341,529,434          
Exercise of stock options, Shares            
Share-based compensation from issuance of options and compensation-based warrants 31,311   $ 31,311
Foreign currency translation loss             106,563
Reclassification accumulated foreign currency translation included in earnings (105,976)   (105,976)
Net Loss (501,461) (501,461)
Ending Balance at Dec. 31, 2016 $ 13 $ 341,529 30,564,371 (34,712,430) $ (3,806,517)
Ending Balance, Shares at Dec. 31, 2016 13,000 341,529,434          
Exercise of stock options, Shares            
Share-based compensation from issuance of options and compensation-based warrants 35,560   $ 35,560
Reclassification accumulated foreign currency translation included in earnings            
Net Loss (1,187,972) (1,187,972)
Ending Balance at Dec. 31, 2017 $ 13 $ 341,529 30,599,931 (35,900,402) $ (4,958,929)
Ending Balance, Shares at Dec. 31, 2017 13,000 341,529,434          
Exercise of stock options, Shares            
Share-based compensation from issuance of options and compensation-based warrants 69,289   $ 69,289
Reclassification accumulated foreign currency translation included in earnings            
Net Loss (7,990,043) (7,990,043)
Ending Balance at Dec. 31, 2018 $ 13 $ 341,529 30,669,220 (43,890,445) (12,879,683)
Ending Balance, Shares at Dec. 31, 2018 13,000 341,529,434          
Exercise of stock options $ 2,500 12,500   $ 15,000
Exercise of stock options, Shares 2,500,000         2,500,000
Share-based compensation from issuance of options and compensation-based warrants 577,645   $ 577,645
Reclassification accumulated foreign currency translation included in earnings            
Net Loss (11,791,819) (11,791,819)
Ending Balance at Dec. 31, 2019 $ 13 $ 344,029 $ 31,259,365 $ (55,682,264) $ (24,078,857)
Ending Balance, Shares at Dec. 31, 2019 13,000 344,029,434