v3.10.0.1
Condensed Consolidated Balance Sheets, (June 30, 2018 Unaudited) - USD ($)
Jun. 30, 2018
Dec. 31, 2017
Current assets    
Cash and cash equivalents $ 2,341,585 $ 834,190
Cash in attorney trust account 0 314,536
Receivable - Bhang Corporation, current 0 1,987,099
Investment in securities, at fair value 355,216 188,635
Deposits on equipment 557,855 0
Accounts receivable, net 409,704 444,798
Investment in accounts receivable, current portion, net of discount 74,197 117,000
Notes receivable, current portion 40,604 35,445
Convertible notes receivable, current portion 27,087 43,628
Net finance leases receivable, current portion 52,744 0
Prepaid expenses and other current assets 31,813 44,112
Employee advances and other receivable 24,948 13,683
Total current assets 3,915,753 4,023,126
Property and equipment    
Property and equipment 200,747 203,292
Accumulated depreciation and amortization (166,275) (162,563)
Property and equipment, net 34,472 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 25,753 98,668
Net finance leases receivable, net of current portion 423,580 0
Notes receivable, net of current portion 925,452 845,576
Contractual interest in legal recovery 600,002 600,002
Deposits 9,575 9,575
Long term investments 194,028 163,714
Goodwill 1,426,182 1,426,182
Total other assets 4,023,090 3,600,079
Total assets 7,973,315 7,663,934
Current liabilities    
Accounts payable 47,871 60,260
Accrued expenses 217,999 224,921
Deferred revenue 60,904 0
Current portion of long term debt 35,820 33,854
Total current liabilities 362,594 319,035
Long-term liabilities    
Accrued salary, retirement and incentive fee - related party 985,275 969,481
Long term debt, net of current portion 11,057 28,805
Total long-term liabilities 996,332 998,286
Total liabilities 1,358,926 1,317,321
Commitments and Contingencies 0 0
Shareholders' equity    
Preferred Stock, Value, Issued [1] 0 0
Common Stock, Value, Issued 2,308 2,281
Additional paid in capital 13,058,486 12,560,619
Accumulated deficit (6,255,466) (6,063,977)
Accumulated other comprehensive income (loss), net of tax 0 34,822
Non-controlling interest (190,939) (187,132)
Total shareholders' equity 6,614,389 6,346,613
Total liabilities and shareholders' equity $ 7,973,315 $ 7,663,934
[1] Par value is less than $0.01.

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