General form of registration statement for all companies including face-amount certificate companies

Condensed Consolidated Balance Sheets

v3.21.2
Condensed Consolidated Balance Sheets - USD ($)
Sep. 30, 2021
Dec. 31, 2020
Dec. 31, 2019
CURRENT ASSETS      
Cash $ 1,067,287 $ 8,304 $ 478
Prepaid expenses and other assets 19,197 12,896 7,665
Deferred offering costs 35,000  
TOTAL CURRENT ASSETS 1,121,484 21,200 8,143
TOTAL ASSETS 1,121,484 21,200 8,143
CURRENT LIABILITIES      
Accounts payable and accrued expenses 241,266 308,157 189,611
Accrued payroll and related expenses 48,006 48,006 36,337
Accrued interest - related parties 1,478  
Accrued bonus 150,000
Notes payable - related parties 7,500 63,992
Paycheck protection program loan - current portion 34,163
Debentures 35,000 137,500 165,000
Current liabilities held for disposal   818,926
Convertible bridge notes, at fair value 3,598,000 2,440,090
TOTAL CURRENT LIABILITIES 333,250 4,189,818 3,799,964
Convertible bridge notes, at fair value   32,910
Paycheck protection program loan - net of current portion 108,779
TOTAL LIABILITIES 333,250 4,298,597 3,832,874
Redeemable convertible preferred stock 686,380 784,044 748,604
STOCKHOLDERS’ DEFICIT      
Common stock, value 3,496 1,947 208
Unearned deferred compensation (1,307,593) (148,333)
Subscription receivable (25,000)
Additional paid-in capital 27,243,381 11,021,840 6,475,667
Accumulated deficit (25,837,433) (15,911,895) (11,049,210)
TOTAL STOCKHOLDERS’ DEFICIT 101,854 (5,061,441) (4,573,335)
TOTAL LIABILITIES AND STOCKHOLDERS’ DEFICIT 1,121,484 21,200 8,143
Series B Preferred Stock [Member]      
STOCKHOLDERS’ DEFICIT      
Preferred stock, value 2
Series E Preferred Stock [Member]      
STOCKHOLDERS’ DEFICIT      
Preferred stock, value $ 1  
Series E 1 Preferred Stock [Member]      
STOCKHOLDERS’ DEFICIT      
Preferred stock, value