v3.8.0.1
Condensed Consolidated Balance Sheets, (March 31, 2018 Unaudited) - USD ($)
Mar. 31, 2018
Dec. 31, 2017
Current assets    
Cash and cash equivalents $ 2,655,082 $ 834,190
Cash in attorney trust account 0 314,536
Receivable - Bhang Corporation, current 0 1,987,099
Investment in securities, at fair value 238,610 188,635
Deposits on equipment 588,455 0
Accounts receivable, net 440,307 444,798
Investment in accounts receivable, current portion, net of discount 52,796 117,000
Notes receivable, current portion 36,860 35,445
Convertible notes receivable, current portion 44,388 43,628
Net finance leases receivable, current portion 15,725 0
Prepaid expenses and other current assets 51,888 44,112
Employee advances and other receivable 28,540 13,683
Total current assets 4,152,651 4,023,126
Property and equipment    
Property and equipment 200,747 203,292
Accumulated depreciation and amortization (161,919) (162,563)
Property and equipment, net 38,828 40,729
Other assets    
Investment in account receivable, net of discount and current portion 418,518 456,362
Convertible notes receivable, net of current portion 94,402 98,668
Net finance leases receivable, net of current portion 129,169 0
Notes receivable, net of current portion 938,886 845,576
Contractual interest in legal recovery 600,002 600,002
Deposits 9,575 9,575
Long term investments 107,772 163,714
Goodwill 1,426,182 1,426,182
Total other assets 3,724,506 3,600,079
Total assets 7,915,985 7,663,934
Current liabilities    
Accounts payable 58,315 60,260
Accrued expenses 222,577 224,921
Deferred revenue 16,460 0
Current portion of long term debt 34,790 33,854
Total current liabilities 332,142 319,035
Long-term liabiltiies    
Accrued salary, retirement and incentive fee - related party 977,578 969,481
Long term debt, net of current portion 20,080 28,805
Total long-term liabilities 997,658 998,286
Total liabilities 1,329,800 1,317,321
Commitments and Contingencies 0 0
Shareholders' equity    
Preferred Stock, Value, Issued 0 0
Common Stock, Value, Issued 2,308 2,281
Additional paid in capital 12,948,501 12,560,619
Accumulated deficit (6,180,859) (6,063,977)
Accumulated other comprehensive income (loss), net of tax 0 34,822
Non-controlling interest (183,765) (187,132)
Total shareholders' equity 6,586,185 6,346,613
Total liabilities and shareholders' equity $ 7,915,985 $ 7,663,934

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