Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets (Unaudited)

v3.19.2
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
Jun. 30, 2019
Dec. 31, 2018
Current Assets:    
Cash and cash equivalents $ 23,000 $ 24,000
Accounts receivable, net 24,000  
Prepaid expenses 18,000  
Trading securities, at market value 2,000  
Total Current Assets 67,000  
Property and equipment, net 76,000  
Capitalized gaming assets and licensing rights, net 120,000  
Intangible assets, net 7,000  
Operating lease right-of-use asset 99,000  
Other assets 6,000  
TOTAL ASSETS 375,000  
Current Liabilities:    
Accounts payable and accrued liabilities 1,184,000  
Related party short-term advances 825,000  
Related party line of credit 1,101,000  
Convertible note payable, net 591,000  
Operating lease liability - current portion 36,000  
Current liabilities of discontinued operations 22,000  
Total Current Liabilities 3,759,000  
Operating lease liability 80,000  
Total Liabilities 3,839,000  
STOCKHOLDERS' (DEFICIT)    
Preferred stock, $0.0001 par value, 10,000,000 shares authorized 107,636 Class A shares issued and outstanding as of June 30, 2019 and December 31, 2018; 20,000 Class E shares issued and outstanding as of June 30, 2019 and December 31, 2018 13  
Common Stock, $0.0001 par value, 750,000,000 shares authorized 200,055,131 and 198,305,131 shares issued and outstanding as of June 30, 2019 and December 31, 2018 20,005  
Additional paid-in capital 53,445,982  
Accumulated deficit (56,930,000)  
Total Stockholders' (Deficit) (3,464,000) (2,666,000)
TOTAL LIABILITIES AND STOCKHOLDERS' (DEFICIT) 375,000  
Restated [Member]    
Current Assets:    
Cash and cash equivalents   24,000
Accounts receivable, net   62,000
Prepaid expenses   21,000
Trading securities, at market value   4,000
Total Current Assets   111,000
Property and equipment, net   94,000
Capitalized gaming assets and licensing rights, net   122,000
Intangible assets, net   9,000
Operating lease right-of-use asset   110,000
Other assets   6,000
TOTAL ASSETS   452,000
Current Liabilities:    
Accounts payable and accrued liabilities   1,145,000
Related party short-term advances   320,000
Related party line of credit   1,068,000
Convertible note payable, net   432,000
Operating lease liability - current portion   39,000
Current liabilities of discontinued operations   22,000
Total Current Liabilities   3,026,000
Operating lease liability   92,000
Total Liabilities   3,118,000
STOCKHOLDERS' (DEFICIT)    
Preferred stock, $0.0001 par value, 10,000,000 shares authorized 107,636 Class A shares issued and outstanding as of June 30, 2019 and December 31, 2018; 20,000 Class E shares issued and outstanding as of June 30, 2019 and December 31, 2018   13
Common Stock, $0.0001 par value, 750,000,000 shares authorized 200,055,131 and 198,305,131 shares issued and outstanding as of June 30, 2019 and December 31, 2018   19,830
Additional paid-in capital   53,265,157
Accumulated deficit   (55,951,000)
Total Stockholders' (Deficit)   (2,666,000)
TOTAL LIABILITIES AND STOCKHOLDERS' (DEFICIT)   452,000
Class A Preferred Stock [Member]    
STOCKHOLDERS' (DEFICIT)    
Preferred stock, $0.0001 par value, 10,000,000 shares authorized 107,636 Class A shares issued and outstanding as of June 30, 2019 and December 31, 2018; 20,000 Class E shares issued and outstanding as of June 30, 2019 and December 31, 2018 11  
Total Stockholders' (Deficit) 11 11
TOTAL LIABILITIES AND STOCKHOLDERS' (DEFICIT) 11  
Class A Preferred Stock [Member] | Restated [Member]    
STOCKHOLDERS' (DEFICIT)    
Preferred stock, $0.0001 par value, 10,000,000 shares authorized 107,636 Class A shares issued and outstanding as of June 30, 2019 and December 31, 2018; 20,000 Class E shares issued and outstanding as of June 30, 2019 and December 31, 2018   11
Total Stockholders' (Deficit)   11
TOTAL LIABILITIES AND STOCKHOLDERS' (DEFICIT)   11
Class E Preferred Stock [Member]    
STOCKHOLDERS' (DEFICIT)    
Preferred stock, $0.0001 par value, 10,000,000 shares authorized 107,636 Class A shares issued and outstanding as of June 30, 2019 and December 31, 2018; 20,000 Class E shares issued and outstanding as of June 30, 2019 and December 31, 2018 2  
Total Stockholders' (Deficit) 2 2
TOTAL LIABILITIES AND STOCKHOLDERS' (DEFICIT) $ 2  
Class E Preferred Stock [Member] | Restated [Member]    
STOCKHOLDERS' (DEFICIT)    
Preferred stock, $0.0001 par value, 10,000,000 shares authorized 107,636 Class A shares issued and outstanding as of June 30, 2019 and December 31, 2018; 20,000 Class E shares issued and outstanding as of June 30, 2019 and December 31, 2018   2
Total Stockholders' (Deficit)   2
TOTAL LIABILITIES AND STOCKHOLDERS' (DEFICIT)   $ 2