PCT (PCTL) 10-Q 14 Nov 17 2017 Q3 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	9 Months Ended
	Sep. 30, 2017	Nov. 13, 2017
Document And Entity Information
Entity Registrant Name	BINGHAM CANYON CORP
Entity Central Index Key	1,119,897
Document Type	10-Q
Document Period End Date	Sep. 30, 2017
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Is Entity a Well-known Seasoned Issuer?	No
Is Entity a Voluntary Filer?	No
Is Entity's Reporting Status Current?	Yes
Entity Filer Category	Smaller Reporting Company
Entity Common Stock, Shares Outstanding		40,379,238
Document Fiscal Period Focus	Q3
Document Fiscal Year Focus	2,017

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets (Unaudited) - USD ($)	Sep. 30, 2017	Dec. 31, 2016
CURRENT ASSETS
Cash	$ 23,732	$ 21,078
Accounts receivable, net	3,000	4,018
Inventory	312,844	42,706
Prepaid expenses	6,704	7,152
Deposits	48,820	77,543
Total current assets	395,100	152,497
FIXED ASSETS
Equipment, net	68,569	78,250
OTHER ASSETS
Intangible assets, net	4,404,715	42,857
Deposits	5,403	5,250
Total other assets	4,410,118	48,107
TOTAL ASSETS	4,873,787	278,854
CURRENT LIABILITIES
Accounts payable	131,165	52,144
Accrued expenses - related party	12,461	2,486
Accrued expenses	130,900	12,955
Current portion of notes payable - related party	445,414	358,802
Current portion of notes payable, net	341,822
Total current liabilities	1,061,762	426,387
LONG TERM LIABILITIES
Notes payable - related party	275,000
Notes payable, net		129,451
TOTAL LIABILITIES	1,336,762	555,838
STOCKHOLDERS' EQUITY (DEFICIT)
Common stock, $.001 par value; 100,000,000 shares authorized; 40,001,572 and 37,117,572 issued and outstanding at September 30, 2017 and December 31, 2016, respectively	40,002	37,118
Additional paid-in capital	9,187,012	3,708,882
Accumulated deficit	(5,689,989)	(4,022,984)
TOTAL STOCKHOLDERS' EQUITY (DEFICIT)	3,537,025	(276,984)
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)	$ 4,873,787	$ 278,854

Condensed Consolidated Balance3

Condensed Consolidated Balance Sheets (Parenthetical) - $ / shares	Sep. 30, 2017	Dec. 31, 2016
Statement of Financial Position [Abstract]
Common stock, par value	$ 0.001	$ 0.001
Common stock, shares authorized	100,000,000	100,000,000
Common stock, shares issued	40,001,572	37,117,572
Common stock, shares outstanding	40,001,572	37,117,572

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations (Unaudited) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016
Revenues
Revenue	$ 58,123	$ 4,750	$ 80,352	$ 83,811
Cost of Goods sold	22,682	7,183	42,019	37,789
Gross profit	35,441	(2,433)	38,333	46,022
OPERATING EXPENSES
General and administrative	389,376	186,816	1,346,955	517,711
Research and development	32,490	13,326	102,402	90,330
Depreciation and amortization	92,457	2,124	205,881	15,683
Total operating expenses	514,323	202,266	1,655,238	623,724
Net loss before other expenses	(478,882)	(204,699)	(1,616,905)	(577,702)
OTHER EXPENSES
Interest expense	(21,654)	(22,226)	(50,100)	(37,321)
Loss on settlement convertible debt				(48,872)
Total other expenses	(21,654)	(22,226)	(50,100)	(86,193)
Loss from operations before Income taxes	(500,536)	(226,925)	(1,667,005)	(663,895)
Income taxes
NET LOSS	$ (500,536)	$ (226,925)	$ (1,667,005)	$ (663,895)
Basic and diluted net loss per share	$ (0.01)	$ (0.01)	$ (0.04)	$ (0.04)
Basic and diluted weighted average shares outstanding	39,981,485	23,319,196	39,041,968	18,473,821

Condensed Consolidated Stateme5

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)	9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016
Cash Flows from Operating Activities
Net loss	$ (1,667,005)	$ (663,895)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:
Depreciation and amortization	214,006	15,684
Amortization of debt discount	10,906	6,540
Common stock issued for services		20,000
Stock-based compensation	415,964	14,697
Expenses paid on behalf of Company	14,722	10,000
Loss on settlement		48,872
Changes in operating assets and liabilities:
Accounts receivable	1,018	(12,299)
Inventory	(270,138)	(14,344)
Prepaid expenses	488	5,208
Deposits	28,570	(78,091)
Accounts payable and accrued liabilities	196,966	79,257
Accounts payable and accrued liabilities related party	9,975	9,138
Deferred revenue		(1,398)
Net cash used in operating activities	(1,044,568)	(560,631)
Cash Flows from Investing Activities
Purchase of fixed assets	(2,709)	(5,837)
Purchase of intangible assets	(158,424)
Net cash used in investing activities	(161,133)	(5,837)
Cash Flows from Financing Activities
Proceeds from notes payable - related parties	410,500	381,500
Proceeds from notes payable	225,000	128,421
Proceeds from advances		18,807
Repayment of notes payable - related parties	(63,610)	(66,500)
Repayment of notes payable	(23,535)
Common stock issued for cash	660,000	120,000
Net cash provided by financing activities	1,208,355	582,228
Net increase in cash	2,654	15,760
Cash and cash equivalents at beginning of period	21,078	42,486
Cash and cash equivalents at end of period	23,732	58,246
Supplemental Cash Flow Information
Cash paid for interest	20,028	12,161
Cash paid for Income taxes
Non-Cash Investing and Financing Activities:
Common stock issued in conversion of debt		50,000
Debt discount from issuance costs		29,079
Assets and liabilities assumed in share exchange		276,690
Common stock issued for intellectual property	$ 4,405,050

NATURE OF BUSINESS AND SUMMARY

NATURE OF BUSINESS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	9 Months Ended
	Sep. 30, 2017
Accounting Policies [Abstract]
NATURE OF BUSINESS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	NOTE 1. BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES The unaudited interim condensed consolidated financial statements of Bingham Canyon Corporation (“the Company”) have been prepared in accordance with United States generally accepted accounting principles for interim financial information and with the instructions to Form 10-Q and reflect all adjustments which, in the opinion of management, are necessary for a fair presentation of our balance sheet, statements of operations, and cash flows for the periods presented. All such adjustments are of a normal recurring nature. The results of operations for the interim period are not necessarily indicative of the results to be expected for a full year. Certain information and footnote disclosures normally included in financial statements prepared in accordance with accounting principles generally accepted in the United States of America have been condensed or omitted. It is suggested that these condensed financial statements be read in conjunction with the financial statements and notes thereto included in the Company’s December 31, 2016 audited financial statements as reported in its Form 10-K, filed with the United States Securities and Exchange Commission on April 14, 2017. Nature of Operations On August 31, 2016, the Company entered into a Securities Exchange Agreement with Paradigm Convergence Technologies Corporation (“Paradigm”) to effect the acquisition of Paradigm as a wholly-owned subsidiary. Under the terms of the agreement, the Company issued 16,790,625 restricted common shares of Company stock to all of the shareholders of Paradigm in exchange for all 22,387,500 outstanding Paradigm common stock. In addition, the Company issued options exercisable into 2,040,000 shares of the Company’s common stock (with exercise prices ranging between $0.133 and $0.333) in exchange for 2,720,000 outstanding Paradigm stock options (with exercise prices ranging between $0.10 and $0.25). These 2,040,000 options have been adjusted at the same exchange rate of 75% that the outstanding common shares were exchanged. As a result of this reverse recapitalization, Paradigm, the operating company, is considered the accounting acquirer. Paradigm, formed June 6, 2012 under the original name of EUR-ECA, Ltd., transitioned its headquarters from Lenexa, Kansas to its office, research and development and production facilities in Little River, South Carolina. Paradigm is a technology licensing and equipment manufacturing company specializing in environmentally safe solutions for global sustainability. Paradigm holds patent, intellectual property and/or distribution rights to innovative products and technologies. Paradigm provides innovative products and technologies for eliminating biocidal contamination from water supplies, industrial fluids, hard surfaces, food processing equipment and medical devices. Paradigm’s overall strategy is to market new products and technologies through the use of equipment leasing, joint ventures, licensing, distributor agreements and partnerships. Principles of Consolidations The accompanying consolidated financial statements include the accounts of Bingham Canyon Corporation (“Parent”) and its wholly owned operating subsidiary, Paradigm Convergence Technologies Corporation (“Paradigm” or “Subsidiary”). All intercompany accounts have been eliminated upon consolidation. Use of Estimates The preparation of the condensed consolidated financial statements requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and the disclosure of contingencies at the date of the financial statements as well as the reported amounts of revenues and expenses during the reporting periods. Estimates are based on historical experience and on various other market-specific and other relevant assumptions that are believed to be reasonable under the circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities that are not readily apparent from other sources. Actual results could differ materially from those estimates. Cash and Cash Equivalents Cash and cash equivalents are considered to be cash and a highly liquid security with original maturities of three months or less. There was cash of $23,732 and $21,078 as of September 30, 2017 and December 31, 2016, respectively. There were no cash equivalents as of September 30, 2017 and December 31, 2016. Accounts Receivable Accounts receivable are carried at their estimated collectible amounts. The Company provides allowances for uncollectible accounts receivable equal to the estimated collection losses that will be incurred in collection of all receivables. Accounts receivable are periodically evaluated for collectability based on past credit history with customers and their current financial condition. That Company’s management determines which accounts are past due and if deemed uncollectible, the Company charges off the receivable in the period the determination is made. Based on management’s evaluation, the allowance for doubtful accounts was $12,000 at September 30, 2017 and December 31, 2016. Inventory The inventory consists of raw materials $88,950 and finished goods $223,894 in the combined amount of $312,844 at September 30, 2017. Inventory is valued based upon first-in first-out (“FIFO”) cost, not in excess of market. The Company recorded a reserve allowance against inventory of nil and nil for the periods ending September 30, 2017 and December 31, 2016, respectively. Fair Value Measurements The Company follows ASC 820, “Fair Value Measurements and Disclosures,” Level 1: Valuations for assets and liabilities traded in active markets from readily available pricing sources such as quoted prices in active markets for identical assets or liabilities. Level 2: Observable inputs (other than Level 1 quoted prices) such as quoted prices in active markets for similar assets or liabilities, quoted prices in markets that are not active for identical or similar assets or liabilities, or other inputs that are observable or can be corroborated by observable market data. Level 3: Unobservable inputs that are supported by little or no market activity and that are significant to determining the fair value of the assets or liabilities, including pricing models, discounted cash flow methodologies and similar techniques. The carrying values of our financial instruments, including, cash and cash equivalents, accounts receivable, inventory, prepaid expenses, accounts payable and accrued expenses approximate their fair value due to the short maturities of these financial instruments. We do not have other financial assets or liabilities that are measured at fair value on a recurring basis as of September 30, 2017 and December 31, 2016. Valuation of Long-lived Assets The carrying values of the Company’s long-lived assets are reviewed for impairment annually and whenever events or changes in circumstances indicate that they may not be recoverable. When projections indicate that the carrying value of the long-lived asset is not recoverable, the carrying value is reduced by the estimated excess of the carrying value over the projected undiscounted cash flows. Under similar analysis no impairment was recorded as of September 30, 2017 and December 31, 2016. Impairment tests are conducted on an annual basis and, should they indicate a carrying value in excess of fair value, additional impairment changes may be required. Property and Equipment Property and equipment are stated at purchased cost and depreciated on a straight-line method over estimated useful lives ranging from 5 to 15 years. Upon disposition of property and equipment, related gains and losses are recorded in the results of operations. Accumulated depreciation for period ending September 30, 2017 and December 31, 2016 was $42,869 and $30,479, respectively. Expenditures for major renewals and betterments that extend the useful lives of property and equipment are capitalized. Expenditures for maintenance and repairs are charged to expenses as incurred. Intangible Assets Costs to obtain or develop patents are capitalized and amortized over the remaining life of the patents, and technology rights are amortized over estimated useful lives of 1 to 15 years. These assets are stated at cost, net of accumulated amortization. An impairment charge is recognized if the carrying amount is not recoverable and the carrying amount exceeds the fair value of the intangible assets as determined by the projected undiscounted net future cash flows. The Company recorded impairment expense of nil and nil for the periods ending September 30, 2017 and December 31, 2016, respectively. Accumulated amortization was $309,198 and $107,582 as of September 30, 2017 and December 31, 2016, respectively. Research and Development Research and development costs are recognized as an expense during the period incurred, which is until the conceptual formulation, design, and testing of the process is completed and the process has been determined to be commercially viable. Revenue Recognition Revenue is recognized when persuasive evidence of an arrangement exists, services have been provided or goods delivered, the price to the buyer is fixed or determinable and collectability is reasonably assured. Revenue from the sale of products is recorded at the time of shipment to the customers. Revenue from contracts to license technology to others is immediately recognized since it is a non-refundable deposit. Basic and Diluted Loss per Share Basic loss per share is computed by dividing net loss by the weighted-average number of common shares outstanding during the period. Diluted loss per share is computed by dividing net loss by the weighted-average number of common shares and dilutive potential common shares outstanding during the period. The weighted-average number of common shares outstanding for computing basic EPS was 39,041,968 at September 30, 2017 as compared to 18,473,821 at September 30, 2016, respectively. At September 30, 2017 and September 30, 2016 there were 1,589,875 and 1,467,250 common stock equivalents from stock options that were excluded from the diluted EPS calculation as their effect is anti-dilutive. Recent Accounting Pronouncements In March, 2016, the FASB issued ASU 2016-09, "Stock Compensation." ASU 2016-09 was issued to simplify the accounting for stock compensation. It focuses on income tax accounting, award classification, estimating forfeitures, and cash flow presentation. For public companies, ASU 2016-09 became effective for annual periods beginning after December 15, 2016 and for interim periods within those annual periods. The Company adopted ASU 2016-09 effective January 1, 2017. ASU 2016-09 has no material effect on the Company’s financial statements. In January, 2017, the FASB issued ASU 2017-01, “Business Combinations (Topic 805): Clarifying the Definition of a Business.” ASU 2017-01 issues an initial required screen that, if met, eliminates the need for further assessment. Under the new guidance, when substantially all of the fair value of gross assets acquired is concentrated in a single asset, or group of similar assets, the assets acquired would not represent a business. A public company with a calendar year end and which is a Securities and Exchange Commission (SEC) filer should adopt the amendments in ASU 2017-01 effective January 1, 2018. Early adoption is permitted for interim or annual dates after September 30, 2016. The Company adopted ASU 2017-01 effective January 1, 2017. In January 2017, the FASB issued ASU 2017-04, “Intangible, Goodwill & Other.” ASU 2017-04 simplifies how all entities assess impairment by implementing a one-step test. As amended, the impairment test will compare the fair value with its carrying amount. An entity should recognize an impairment charge for the amount by which the carrying amount exceeds fair value. A public company which is a Securities and Exchange Commission (SEC) filer should adopt the amendments in ASU 2017-04 for its annual or interim period within its annual period in fiscal years beginning December 31, 2019. Early adoption is permitted for interim or annual dates after January 1, 2017. The Company adopted ASU 2017-04 effective January 1, 2017. ASU 2017-04 has no material effect in the Company’s financial statements. The Company has reviewed all other FASB issued ASU accounting pronouncements and interpretations thereof that have effective dates during the period reported and in future periods. The Company has carefully considered the new pronouncements that alter the previous GAAP and do not believe that any new or modified principles will have a material impact on the Company’s reported financial position or operations in the near term.

GOING CONCERN

GOING CONCERN	9 Months Ended
	Sep. 30, 2017
Organization, Consolidation and Presentation of Financial Statements [Abstract]
GOING CONCERN	NOTE 2. GOING CONCERN The accompanying unaudited condensed consolidated financial statements have been prepared assuming that the Company will continue as a going concern. The Company has limited assets, has incurred losses since inception of $5,689,989 and has negative cash flows from operations. As of September 30, 2017, the Company had a working capital deficit of $666,662. The Company has relied on raising debt and equity capital in order to fund its ongoing day-to-day operations and its corporate overhead. The Company will require additional working capital from either cash flow from operations, from debt or equity financing, or from a combination of these sources. These factors raise substantial doubt about the ability of the Company to continue as a going concern. The financial statements do not include any adjustments that might result from the outcome of this uncertainty.

PROPERTY AND EQUIPMENT

PROPERTY AND EQUIPMENT	9 Months Ended
	Sep. 30, 2017
Property, Plant and Equipment [Abstract]
PROPERTY AND EQUIPMENT	NOTE 3. PROPERTY AND EQUIPMENT Property and Equipment consist of the following as of September 30, 2017 and December 31, 2016: September 30, 2017 December 31, 2016 Machinery and equipment $ 94,931 $ 92,673 Office equipment and furniture 14,107 13,656 Leasehold improvements 2,400 2,400 Property and Equipment, at Cost 111,438 108,729 Less: Accumulated Depreciation (42,869 ) (30,479 ) Property and Equipment, Net $ 68,569 $ 78,250 Depreciation expense was $12,390 for the nine months ended September 30, 2017, of which $8,126 is included in cost of goods sold and $4,264 is included in operating expenses. Depreciation expense was $10,662 for the nine months ended September 30, 2016 of which nil is included in cost of goods sold and $10,662 is included in operating expenses.

INTANGIBLE ASSETS

INTANGIBLE ASSETS	9 Months Ended
	Sep. 30, 2017
Goodwill and Intangible Assets Disclosure [Abstract]
INTANGIBLE ASSETS	NOTE 4. INTANGIBLE ASSETS On March 10, 2017, the Company entered into a three-year Efficacy Test Data License Agreement and Efficacy Test Data Assignment Agreement (the “Agreement”) with a third party for $25,000. Under the Agreement, the Company can use certain Efficacy Test Data and purchases the rights to other Efficacy Test Data to be added to its EPA Registration number 83241-4. The Company paid $25,000 for the use of certain Efficacy Test Data and purchase of other Efficacy Test Data. The $25,000 was paid on April 28, 2017. On March 13, 2017, the Company entered into a Registration Transfer Agreement (“Transfer Agreement”) and a Data License and Assignment Agreement (“Data Agreement”) with a third party. Pursuant to the Transfer Agreement, the Company received United States Environmental Protection Agency’s (“EPA”) Registration number 82341-4 for Excelyte® VET for a one-time fee of $125,000. The Company agreed to pay $75,000 at the time of executing the agreement and remaining $50,000 within 30 days. The $50,000 was paid on April 7, 2017. On April 6, 2017, the Company acquired intangible assets by issuing 2,250,000 shares of common stock at a deemed value of $1.96 per share ($4,405,050) to Annihilyzer Inc. in order to close on the amended agreement dated April 6, 2017. Pursuant to the terms of the Agreement, as amended, the Company acquired an Annihilyzer patent and all associated intellectual property. In addition, Paradigm granted Annihilyzer Inc, a three-year license and sub-registration under Paradigm’s EPA Product Registration #82341-4. Annihilyzer, Inc. had no activity under this sub-registration agreement as of September 30, 2017. The components of intangible assets at September 30, 2017 and December 31, 2016 were as follows: September 30, 2017 December 31, 2016 Patents $ 4,513,913 $ 100,439 Technology rights 200,000 50,000 Intangibles, at Cost 4,713,913 150,439 Less Accumulated Amortization (309,198 ) (107,582 ) Net Carrying Amount $ 4,404,715 $ 42,857 Amortization expense was $201,616 and $5,022 for the nine months ended September 30, 2017 and, 2016, respectively.

NOTES PAYABLE

NOTES PAYABLE	9 Months Ended
	Sep. 30, 2017
Debt Disclosure [Abstract]
NOTES PAYABLE	NOTE 5. NOTES PAYABLE The following tables summarize notes payable as of September 30, 2017 and December 31, 2016: September 30, 2017 December 31, 2016 Notes payable, related parties $ 720,414 $ 358,802 Notes payable 351,465 150,000 Subtotal 1,071,879 508,802 Less debt discount (9,643 ) (20,549 ) Subtotal, net 1,062,236 488,253 Less current portion (787,236 ) (358,802 ) Net Long-Term Liabilities, net $ 275,000 $ 129,451 Original Issuance Maturity Interest Balance Balance Type Amount Date Date Rate 09/30/2017 12/31/2016 Notes Payable, Related Party $ 25,000 12/10/15 06/10/16 5.00 % $ — $ 8,000 Notes Payable, Related Party 7,500 03/11/16 09/11/16 5.00 % — 7,500 Notes Payable, Related Party (6) 50,000 10/18/16 12/31/17 5.00 % 50,000 50,000 Notes Payable, Related Party (7) 293,302 01/01/17 01/01/18 3.50 % 249,802 293,302 Notes Payable, Related Party (6) 25,000 04/12/17 12/31/17 5.00 % 25,000 — Notes Payable, Related Party (8) 25,000 04/27/17 04/27/18 3.00 % 25,000 — Notes Payable, Related Party (9) 15,000 05/15/17 05/15/18 5.00 % 15,000 — Notes Payable, Related Party (8) 10,000 06/12/17 06/12/18 3.00 % 10,000 — Notes Payable, Related Party (8) 112 07/01/17 06/30/18 3.00 % 112 — Notes Payable, Related Party (8) 5,500 07/03/17 06/30/18 3.00 % 5,500 — Notes Payable, Related Party (8) 2,000 07/05/17 06/30/18 3.00 % 2,000 — Notes Payable, Related Party (8) 3,000 07/06/17 06/30/18 3.00 % 3,000 — Notes Payable, Related Party (8) 2,500 07/10/17 06/30/18 3.00 % 2,500 — Notes Payable, Related Party (8) 2,500 07/12/17 06/30/18 3.00 % 2,500 — Notes Payable, Related Party (8) 25,000 07/13/17 06/30/18 3.00 % 25,000 — Notes Payable, Related Party (6) 25,000 07/25/17 09/25/17 5.00 % 25,000 — Notes Payable, Related Party (8) 5,000 08/14/17 06/30/18 3.00 % 5,000 — Notes Payable, Related Party (10) 275,000 09/27/17 10/01/18 7.50 % 275,000 — Notes Payable (1) 150,000 05/18/16 06/01/18 13.00 % 150,000 150,000 Notes Payable (2) 25,000 05/8/17 10/10/17 0.00 % 25,000 — Notes Payable (3) 125,000 05/15/17 08/31/17 10.00 % 101,465 — Notes Payable (4) 50,000 09/01/17 12/31/17 8.00 % 50,000 — Notes Payable (5) 25,000 09/27/17 12/31/17 8.00 % 25,000 — Subtotal 1,071,879 508,802 Debt Discount (9,643 ) (20,549 ) Total Notes Payable, Net $ 1,062,236 $ 488,253 Notes Payable On May 18, 2016, the Company entered into a loan agreement for $150,000 with an unrelated individual. The note is due on June 1, 2018. The note is secured by a mortgage or deed of trust on a property located in Fuquay Varina, North Carolina, owned by a minority shareholder, and by a personal guarantee of the President of the Company. The note bears an interest rate of 13% per annum and a default rate of 19% per annum. The Company paid an origination fee of 10% of the loan value and a broker’s commission of 3% of the loan value. There was also appraisal, underwriting, loan service, and attorney fees of approximately $9,500. The Company recorded a debt discount of approximately $29,079 resulting from these issuance costs which is being amortized over the life of the loan. As of September 30, 2017, the note has a remaining balance of $150,000 and a debt discount balance of $9,643 (1). On May 8, 2017, the Company entered into a 2-month term promissory note with an unrelated party for $25,000 to be used in operations. The note was extended on July 8, 2017 to a new due date of October 10, 2017. The note is secured by 50,000 shares of common stock as collateral and guarantees interest in the amount of $5,000 at the time of repayment. As of September 30, 2017, the note has a remaining balance of $25,000 (2). On May 15, 2017, the Company entered into a 45-day promissory note with an unrelated party for $125,000 to be used in operations. The note was extended on August 1, 2017 to a new due date of August 31, 2017. The note is secured personally by the President of the Company and bears an interest rate of 10% per annum. The Company made payments on the note in the amount of $25,000 during the period ended September 30, 2017. The payments represented $23,535 of principal and $1,465 of interest. As of September 30, 2017, the note is in default and has a remaining balance of $101,465 (3). From July 3, 2017 to August 30, 2017, the Company entered into three short term promissory notes with an unrelated party totaling $50,000 to be used in operations. The notes were unsecured and had an interest rate of 8%. On September 1, 2017, these notes were consolidated with this same unrelated party into one promissory note in the amount of $50,000. This note is unsecured and bears an interest rate of 8%. The note is due December 31, 2017. As of September 30, 2017 the note has a remaining balance of $50,000. (4) On September 27, 2017, the Company entered into a promissory note with this same unrelated party for $25,000 to be used in operations. This note is unsecured and bears an interest rate of 8%. The note is due December 31, 2017. As of September 30, 2017 the note has a remaining balance of $25,000 (5). Notes Payable – Related Parties From October 18, 2016 to July 25, 2017, the Company entered into three promissory notes with a related party for a total of $100,000 to be used in operations. These notes are unsecured and bear an interest rate of 5% per annum. As of September 30, 2017, the notes have a total remaining balance of $100,000 (6). On January 1, 2017, the Company consolidated its outstanding promissory notes with the Company’s President and CEO, into one promissory note totaling $293,302. The note is unsecured and bears an interest rate of 3.5% and is due January 1, 2018. As of September 30, 2017 the note has a remaining balance of $249,802 (7). From April 27, 2017 to August 14, 2017 the Company entered into ten promissory notes with the Company’s president, a related party, for a total of $80,612 to be used in operations. The notes are unsecured and bear an interest rate of 3% per annum and are due 9-12 months from issuance. As of September 30, 2017, these notes have a total remaining balance of $80,612 (8). On May 15, 2017, the Company entered into a one-year term promissory note with a related party for $15,000 to be used in operations. The note is unsecured and bears interest at a rate of 5% per annum. As of September 30, 2017, the note has a remaining balance of $15,000 (9). From June 13, 2017 to August 31, 2017, the Company entered into three short-term promissory notes with a related party for a total of $275,000 to be used in operations. The notes were unsecured and had an interest rate of 3-7.5% per annum and are due 1-3 months from issuance. On September 27, 2017, these notes were consolidated with the same related party into one promissory note in the amount of $275,000. The note is secured by the Company’s June 13, 2017 patent (US Patent #9,679,170 B2 “Material Tracking System”), is due October 1, 2018, and bears an interest rate of 7.5%. As of September 30, 2017, the note has a remaining balance of $275,000 (10).

RELATED PARTY TRANSACTIONS

RELATED PARTY TRANSACTIONS	9 Months Ended
	Sep. 30, 2017
Related Party Transactions [Abstract]
RELATED PARTY TRANSACTIONS	NOTE 6. RELATED PARTY TRANSACTIONS The Company has agreements with related parties for consulting services, notes payable, commitments and contingencies and stock options. See Notes to Financial Statements numbers 5, 7, 8, and 9.

STOCKHOLDERS' DEFICIT

STOCKHOLDERS' DEFICIT	9 Months Ended
	Sep. 30, 2017
Equity [Abstract]
STOCKHOLDERS' DEFICIT	NOTE 7. STOCKHOLDERS’ DEFICIT Common Stock The Company has 100,000,000 shares of common stock authorized with a par value of $0.001 per share. As of September 30, 2017 and December 31, 2016 there were 40,001,572 and 37,117,572 shares of common stock issued respectively. On January 6, 2017, the Company issued 25,000 shares of common stock at $1.00 per share to an unrelated party for cash proceeds of $25,000. From January 26, 2017 through March 13, 2017, the Company issued a combined total of 400,000 shares of common stock at $1.00 per share to a related party for cash proceeds of $400,000. On April 6, 2017, the Company acquired intangible assets by issuing 2,250,000 shares of common stock at a deemed value of $1.96 per share ($4,405,050) to Annihilyzer Inc. in order to close on the amended agreement dated April 6, 2017. Also see Note 4. On April 12, 2017, the Company issued 100,000 shares of common stock at $1.00 per share to a related party for cash proceeds of $100,000. On April 14, 2017, the Company issued 5,000 shares of common stock at $1.00 per share to an unrelated party for cash proceeds of $5,000. On June 16, 2017, the Company issued 20,000 shares of common stock at $1.25 per share to an unrelated party for cash proceeds of $25,000. On June 27, 2017, the Company issued 10,000 shares of common stock at $1.25 per share to a related party for cash proceeds of $12,500. On July 13, 2017, the Company issued 12,000 shares of common stock at $1.25 per share to an unrelated party for cash proceeds of $15,000 On July 13, 2017, the Company issued 12,000 shares of common stock at $1.25 per share to an unrelated party for cash proceeds of $15,000. On July 27, 2017, the Company issued 30,000 shares of common stock at $1.25 per share to an unrelated party for cash proceeds of $37,500. On August 9, 2017, the Company issued 20,000 shares of common stock at $1.25 per share to an unrelated party for cash proceed of $25,000. Stock Options On January 1, 2017 the Company issued 30,000 stock options to a related party with an exercise price of $2.00 per share. The options vest on January 1, 2018. The Company used the Black-Scholes methodology to value the stock-based compensation expense for options. Compensation expense is recognized on a straight-line basis over the vesting period. As of September 30, 2017, the Company recognized $42,165 in compensation expense, leaving $14,055 in compensation expense to be recognized through December 31, 2017. On January 26, 2017, the Company issued 200,000 stock options to a related party with an exercise price of $2.00 per share. The options vested immediately. The Company used the Black-Scholes methodology to value the stock-based compensation expense for options. As of September 30, 2017, the Company recognized $373,800 in compensation expense, leaving $0 to be recognized in remaining compensation expense. In applying the Black-Scholes methodology to the options granted through September 30, 2017, the fair value of our stock-based awards was estimated using the following assumptions ranging from: Risk-free interest rate 1.22 - 1.95% Expected option life 2 - 5 years Expected dividend yield 0.00% Expected price volatility 165.72 - 199.94% Below is a table summarizing the options issued and outstanding as of September 30, 2017: Date Number Number Exercise Weighted Average Remaining Contractual Expiration Proceeds to Company if Issued Outstanding Exercisable Price $ Life (Years) Date Exercised 05/21/2014 1,875,000 1,875,000 0.13 1.64 05/20/2019 $ 250,000 01/01/2016 90,000 90,000 0.33 2.25 12/31/2019 30,000 01/01/2016 75,000 75,000 0.33 2.25 12/31/2019 25,000 09/15/2016 10,000 10,000 1.00 2.25 12/31/2019 10,000 10/01/2016 7,500 7,500 1.00 2.25 12/31/2019 7,500 01/01/2017 30,000 — 2.00 1.25 01/01/2019 60,000 01/26/2017 200,000 200,000 2.00 4.33 01/26/2022 400,000 2,287,500 2,257,500 $ 782,500 The weighted average exercise prices are $0.34 and $0.32 for the options outstanding and exercisable, respectively.

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	9 Months Ended
	Sep. 30, 2017
Commitments and Contingencies Disclosure [Abstract]
COMMITMENTS AND CONTINGENCIES	NOTE 8. COMMITMENTS AND CONTINGENCIES On November 21, 2016, the Company signed a lease for approximately 12,000 square feet of office, research & development, warehouse, and production space in Little River, South Carolina. The lease was effective December 1, 2016 at a rate of $4,800 per month for a period of three years. The Company has an option to extend the lease for two periods of three years each. The option to extend the first three-year period is at a rate of $5,100 per month. The option to extend the second three-year period is at a rate of $5,400 per month. On September 1, 2017, the Company entered into a five-year employment agreement with Marion E. Paris, Jr. to be the president of the Annihilyzer Division of Paradigm. Mr. Paris is a director of the Company and Paradigm. Under the terms of the employment agreement, Mr. Paris is to be paid an annual base salary of $90,000 and other benefits associated with an executive officer, including four weeks paid vacation. In addition, the Company agreed to pay Mr. Paris a signing bonus of $40,000 ($20,000 on or before November 1, 2017, with an additional $20,000 on January 1, 2018). As of September 30, 2017, the Company has paid $7,500 in salary to Mr. Paris and had not paid the initial $20,000 of the signing bonus which is due on or before November 1, 2017. On August 1, 2017 the Company terminated its month-to-month lease for office space in Lenexa, Kansas and transitioned its headquarter to its Little River, South Carolina facility.

PAYROLL LIABILITIES

PAYROLL LIABILITIES	9 Months Ended
	Sep. 30, 2017
Notes to Financial Statements
PAYROLL LIABILITIES	NOTE 9 - PAYROLL LIABILITIES The Company has past due federal and state payroll liabilities for unpaid payroll taxes, penalties and interest for the second and third quarters of 2017. As of September 30, 2017, the past due balance, excluding penalties, interest, and fees, totaled $116,946. The Company anticipates paying these liabilities before December 31, 2017, or negotiating a payment plan with the IRS and various States for payment over time.

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	9 Months Ended
	Sep. 30, 2017
Subsequent Events [Abstract]
SUBSEQUENT EVENTS	NOTE 10. SUBSEQUENT EVENTS On October 11, 2017, the Company entered into a one-year promissory note with a non-related party for $37,500 to be used in operations. This note is unsecured and bears an interest rate of 8%. The note is due October 11, 2018. On October 24, 2017, the Company entered into a promissory note with a related party for $20,000 to be used in operations. This note is unsecured and bears an interest rate of 5%. The note is due on April 24, 2018. On October 25, 2017, the Company issued 40,000 shares of common stock at $0.75 per share to an unrelated party for cash proceeds of $30,000. On October 24, 2017 and October 27, 2017 the Company revised the share price relating to shares of common stock sold during the period from September 1, 2016 through October 30, 2017 down to $0.75 per share. As a result of the revised share price, the Company issued an additional 337,666 shares of common stock to fifteen investors, including 191,667 shares to related parties.

NATURE OF BUSINESS AND SUMMAR16

NATURE OF BUSINESS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	9 Months Ended
	Sep. 30, 2017
Accounting Policies [Abstract]
Nature of Operations	Nature of Operations On August 31, 2016, the Company entered into a Securities Exchange Agreement with Paradigm Convergence Technologies Corporation (“Paradigm”) to effect the acquisition of Paradigm as a wholly-owned subsidiary. Under the terms of the agreement, the Company issued 16,790,625 restricted common shares of Company stock to all of the shareholders of Paradigm in exchange for all 22,387,500 outstanding Paradigm common stock. In addition, the Company issued options exercisable into 2,040,000 shares of the Company’s common stock (with exercise prices ranging between $0.133 and $0.333) in exchange for 2,720,000 outstanding Paradigm stock options (with exercise prices ranging between $0.10 and $0.25). These 2,040,000 options have been adjusted at the same exchange rate of 75% that the outstanding common shares were exchanged. As a result of this reverse recapitalization, Paradigm, the operating company, is considered the accounting acquirer. Paradigm, formed June 6, 2012 under the original name of EUR-ECA, Ltd., transitioned its headquarters from Lenexa, Kansas to its office, research and development and production facilities in Little River, South Carolina. Paradigm is a technology licensing and equipment manufacturing company specializing in environmentally safe solutions for global sustainability. Paradigm holds patent, intellectual property and/or distribution rights to innovative products and technologies. Paradigm provides innovative products and technologies for eliminating biocidal contamination from water supplies, industrial fluids, hard surfaces, food processing equipment and medical devices. Paradigm’s overall strategy is to market new products and technologies through the use of equipment leasing, joint ventures, licensing, distributor agreements and partnerships.
Principles of Consolidations	Principles of Consolidations The accompanying consolidated financial statements include the accounts of Bingham Canyon Corporation (“Parent”) and its wholly owned operating subsidiary, Paradigm Convergence Technologies Corporation (“Paradigm” or “Subsidiary”). All intercompany accounts have been eliminated upon consolidation.
Use of Estimates	Use of Estimates The preparation of the condensed consolidated financial statements requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and the disclosure of contingencies at the date of the financial statements as well as the reported amounts of revenues and expenses during the reporting periods. Estimates are based on historical experience and on various other market-specific and other relevant assumptions that are believed to be reasonable under the circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities that are not readily apparent from other sources. Actual results could differ materially from those estimates.
Cash and Cash Equivalents	Cash and Cash Equivalents Cash and cash equivalents are considered to be cash and a highly liquid security with original maturities of three months or less. There was cash of $23,732 and $21,078 as of September 30, 2017 and December 31, 2016, respectively. There were no cash equivalents as of September 30, 2017 and December 31, 2016.
Accounts Receivable	Accounts Receivable Accounts receivable are carried at their estimated collectible amounts. The Company provides allowances for uncollectible accounts receivable equal to the estimated collection losses that will be incurred in collection of all receivables. Accounts receivable are periodically evaluated for collectability based on past credit history with customers and their current financial condition. That Company’s management determines which accounts are past due and if deemed uncollectible, the Company charges off the receivable in the period the determination is made. Based on management’s evaluation, the allowance for doubtful accounts was $12,000 at September 30, 2017 and December 31, 2016.
Inventory	Inventory The inventory consists of raw materials $88,950 and finished goods $223,894 in the combined amount of $312,844 at September 30, 2017. Inventory is valued based upon first-in first-out (“FIFO”) cost, not in excess of market. The Company recorded a reserve allowance against inventory of nil and nil for the periods ending September 30, 2017 and December 31, 2016, respectively.
Fair Value Measurements	Fair Value Measurements The Company follows ASC 820, “Fair Value Measurements and Disclosures,” Level 1: Valuations for assets and liabilities traded in active markets from readily available pricing sources such as quoted prices in active markets for identical assets or liabilities. Level 2: Observable inputs (other than Level 1 quoted prices) such as quoted prices in active markets for similar assets or liabilities, quoted prices in markets that are not active for identical or similar assets or liabilities, or other inputs that are observable or can be corroborated by observable market data. Level 3: Unobservable inputs that are supported by little or no market activity and that are significant to determining the fair value of the assets or liabilities, including pricing models, discounted cash flow methodologies and similar techniques. The carrying values of our financial instruments, including, cash and cash equivalents, accounts receivable, inventory, prepaid expenses, accounts payable and accrued expenses approximate their fair value due to the short maturities of these financial instruments. We do not have other financial assets or liabilities that are measured at fair value on a recurring basis as of September 30, 2017 and December 31, 2016.
Valuation of Long-lived Assets	Valuation of Long-lived Assets The carrying values of the Company’s long-lived assets are reviewed for impairment annually and whenever events or changes in circumstances indicate that they may not be recoverable. When projections indicate that the carrying value of the long-lived asset is not recoverable, the carrying value is reduced by the estimated excess of the carrying value over the projected undiscounted cash flows. Under similar analysis no impairment was recorded as of September 30, 2017 and December 31, 2016. Impairment tests are conducted on an annual basis and, should they indicate a carrying value in excess of fair value, additional impairment changes may be required.
Property and Equipment	Property and Equipment Property and equipment are stated at purchased cost and depreciated on a straight-line method over estimated useful lives ranging from 5 to 15 years. Upon disposition of property and equipment, related gains and losses are recorded in the results of operations. Accumulated depreciation for period ending September 30, 2017 and December 31, 2016 was $42,869 and $30,479, respectively. Expenditures for major renewals and betterments that extend the useful lives of property and equipment are capitalized. Expenditures for maintenance and repairs are charged to expenses as incurred.
Intangible Assets	Intangible Assets Costs to obtain or develop patents are capitalized and amortized over the remaining life of the patents, and technology rights are amortized over estimated useful lives of 1 to 15 years. These assets are stated at cost, net of accumulated amortization. An impairment charge is recognized if the carrying amount is not recoverable and the carrying amount exceeds the fair value of the intangible assets as determined by the projected undiscounted net future cash flows. The Company recorded impairment expense of nil and nil for the periods ending September 30, 2017 and December 31, 2016, respectively. Accumulated amortization was $309,198 and $107,582 as of September 30, 2017 and December 31, 2016, respectively.
Research and Development	Research and Development Research and development costs are recognized as an expense during the period incurred, which is until the conceptual formulation, design, and testing of the process is completed and the process has been determined to be commercially viable.
Revenue Recognition	Revenue Recognition Revenue is recognized when persuasive evidence of an arrangement exists, services have been provided or goods delivered, the price to the buyer is fixed or determinable and collectability is reasonably assured. Revenue from the sale of products is recorded at the time of shipment to the customers. Revenue from contracts to license technology to others is immediately recognized since it is a non-refundable deposit.
Basic and Diluted Loss Per Share	Basic and Diluted Loss per Share Basic loss per share is computed by dividing net loss by the weighted-average number of common shares outstanding during the period. Diluted loss per share is computed by dividing net loss by the weighted-average number of common shares and dilutive potential common shares outstanding during the period. The weighted-average number of common shares outstanding for computing basic EPS was 39,041,968 at September 30, 2017 as compared to 18,473,821 at September 30, 2016, respectively. At September 30, 2017 and September 30, 2016 there were 1,589,875 and 1,467,250 common stock equivalents from stock options that were excluded from the diluted EPS calculation as their effect is anti-dilutive.
Recent Accounting Pronouncements	Recent Accounting Pronouncements In March, 2016, the FASB issued ASU 2016-09, "Stock Compensation." ASU 2016-09 was issued to simplify the accounting for stock compensation. It focuses on income tax accounting, award classification, estimating forfeitures, and cash flow presentation. For public companies, ASU 2016-09 became effective for annual periods beginning after December 15, 2016 and for interim periods within those annual periods. The Company adopted ASU 2016-09 effective January 1, 2017. ASU 2016-09 has no material effect on the Company’s financial statements. In January, 2017, the FASB issued ASU 2017-01, “Business Combinations (Topic 805): Clarifying the Definition of a Business.” ASU 2017-01 issues an initial required screen that, if met, eliminates the need for further assessment. Under the new guidance, when substantially all of the fair value of gross assets acquired is concentrated in a single asset, or group of similar assets, the assets acquired would not represent a business. A public company with a calendar year end and which is a Securities and Exchange Commission (SEC) filer should adopt the amendments in ASU 2017-01 effective January 1, 2018. Early adoption is permitted for interim or annual dates after September 30, 2016. The Company adopted ASU 2017-01 effective January 1, 2017. In January 2017, the FASB issued ASU 2017-04, “Intangible, Goodwill & Other.” ASU 2017-04 simplifies how all entities assess impairment by implementing a one-step test. As amended, the impairment test will compare the fair value with its carrying amount. An entity should recognize an impairment charge for the amount by which the carrying amount exceeds fair value. A public company which is a Securities and Exchange Commission (SEC) filer should adopt the amendments in ASU 2017-04 for its annual or interim period within its annual period in fiscal years beginning December 31, 2019. Early adoption is permitted for interim or annual dates after January 1, 2017. The Company adopted ASU 2017-04 effective January 1, 2017. ASU 2017-04 has no material effect in the Company’s financial statements. The Company has reviewed all other FASB issued ASU accounting pronouncements and interpretations thereof that have effective dates during the period reported and in future periods. The Company has carefully considered the new pronouncements that alter the previous GAAP and do not believe that any new or modified principles will have a material impact on the Company’s reported financial position or operations in the near term.

PROPERTY AND EQUIPMENT (Tables)

PROPERTY AND EQUIPMENT (Tables)	9 Months Ended
	Sep. 30, 2017
Property, Plant and Equipment [Abstract]
Property and equipment	September 30, 2017 December 31, 2016 Machinery and equipment $ 94,931 $ 92,673 Office equipment and furniture 14,107 13,656 Leasehold improvements 2,400 2,400 Property and Equipment, at Cost 111,438 108,729 Less: Accumulated Depreciation (42,869 ) (30,479 ) Property and Equipment, Net $ 68,569 $ 78,250

INTANGIBLE ASSETS (Tables)

INTANGIBLE ASSETS (Tables)	9 Months Ended
	Sep. 30, 2017
Goodwill and Intangible Assets Disclosure [Abstract]
Components of intangible assets	September 30, 2017 December 31, 2016 Patents $ 4,513,913 $ 100,439 Technology rights 200,000 50,000 Intangibles, at Cost 4,713,913 150,439 Less Accumulated Amortization (309,198 ) (107,582 ) Net Carrying Amount $ 4,404,715 $ 42,857

NOTES PAYABLE (Tables)

NOTES PAYABLE (Tables)	9 Months Ended
	Sep. 30, 2017
Notes Payable Tables
Summary of notes payable	September 30, 2017 December 31, 2016 Notes payable, related parties $ 720,414 $ 358,802 Notes payable 351,465 150,000 Subtotal 1,071,879 508,802 Less debt discount (9,643 ) (20,549 ) Subtotal, net 1,062,236 488,253 Less current portion (787,236 ) (358,802 ) Net Long-Term Liabilities, net $ 275,000 $ 129,451
Notes payable	Original Issuance Maturity Interest Balance Balance Type Amount Date Date Rate 09/30/2017 12/31/2016 Notes Payable, Related Party $ 25,000 12/10/15 06/10/16 5.00 % $ — $ 8,000 Notes Payable, Related Party 7,500 03/11/16 09/11/16 5.00 % — 7,500 Notes Payable, Related Party (6) 50,000 10/18/16 12/31/17 5.00 % 50,000 50,000 Notes Payable, Related Party (7) 293,302 01/01/17 01/01/18 3.50 % 249,802 293,302 Notes Payable, Related Party (6) 25,000 04/12/17 12/31/17 5.00 % 25,000 — Notes Payable, Related Party (8) 25,000 04/27/17 04/27/18 3.00 % 25,000 — Notes Payable, Related Party (9) 15,000 05/15/17 05/15/18 5.00 % 15,000 — Notes Payable, Related Party (8) 10,000 06/12/17 06/12/18 3.00 % 10,000 — Notes Payable, Related Party (8) 112 07/01/17 06/30/18 3.00 % 112 — Notes Payable, Related Party (8) 5,500 07/03/17 06/30/18 3.00 % 5,500 — Notes Payable, Related Party (8) 2,000 07/05/17 06/30/18 3.00 % 2,000 — Notes Payable, Related Party (8) 3,000 07/06/17 06/30/18 3.00 % 3,000 — Notes Payable, Related Party (8) 2,500 07/10/17 06/30/18 3.00 % 2,500 — Notes Payable, Related Party (8) 2,500 07/12/17 06/30/18 3.00 % 2,500 — Notes Payable, Related Party (8) 25,000 07/13/17 06/30/18 3.00 % 25,000 — Notes Payable, Related Party (6) 25,000 07/25/17 09/25/17 5.00 % 25,000 — Notes Payable, Related Party (8) 5,000 08/14/17 06/30/18 3.00 % 5,000 — Notes Payable, Related Party (10) 275,000 09/27/17 10/01/18 7.50 % 275,000 — Notes Payable (1) 150,000 05/18/16 06/01/18 13.00 % 150,000 150,000 Notes Payable (2) 25,000 05/8/17 10/10/17 0.00 % 25,000 — Notes Payable (3) 125,000 05/15/17 08/31/17 10.00 % 101,465 — Notes Payable (4) 50,000 09/01/17 12/31/17 8.00 % 50,000 — Notes Payable (5) 25,000 09/27/17 12/31/17 8.00 % 25,000 — Subtotal 1,071,879 508,802 Debt Discount (9,643 ) (20,549 ) Total Notes Payable, Net $ 1,062,236 $ 488,253

STOCKHOLDERS' DEFICIT (Tables)

STOCKHOLDERS' DEFICIT (Tables)	9 Months Ended
	Sep. 30, 2017
Equity [Abstract]
Assumptions used to estimate fair value of stock-based awards	Risk-free interest rate 1.22 - 1.95% Expected option life 2 - 5 years Expected dividend yield 0.00% Expected price volatility 165.72 - 199.94%
Summary of options issued and outstanding	Date Number Number Exercise Weighted Average Remaining Contractual Expiration Proceeds to Company if Issued Outstanding Exercisable Price $ Life (Years) Date Exercised 05/21/2014 1,875,000 1,875,000 0.13 1.64 05/20/2019 $ 250,000 01/01/2016 90,000 90,000 0.33 2.25 12/31/2019 30,000 01/01/2016 75,000 75,000 0.33 2.25 12/31/2019 25,000 09/15/2016 10,000 10,000 1.00 2.25 12/31/2019 10,000 10/01/2016 7,500 7,500 1.00 2.25 12/31/2019 7,500 01/01/2017 30,000 — 2.00 1.25 01/01/2019 60,000 01/26/2017 200,000 200,000 2.00 4.33 01/26/2022 400,000 2,287,500 2,257,500 $ 782,500

NATURE OF BUSINESS AND SUMMAR21

NATURE OF BUSINESS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details Narrative) - USD ($)	9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Dec. 31, 2016	Dec. 31, 2015
Nature of Operations
Company common stock issued to Paradigm shareholders, shares		16,790,625
Paradigm common stock acquired in Securities Exchange Agreement, shares		22,387,500
Company options issued to Paradigm shareholders, shares exercisable		2,040,000
Paradigm options received in Securities Exchange Agreement, shares		2,720,000
Cash	$ 23,732	$ 58,246	$ 21,078	$ 42,486
Cash equivalents
Allowance for doubtful accounts	12,000		12,000
Raw materials	88,950
Finished goods	223,894
Inventory total	312,844		42,706
Reserve allowance for inventory
Accumulated depreciation of property and equipment	(42,869)		(30,479)
Impairment expense
Accumulated amortization of intangible assets	$ (309,198)		$ (107,582)
Antidilutive securities excluded from calculation of earnings per share	1,589,875	1,467,250
Exercise price, minimum
Nature of Operations
Exercise prices of options issued		$ 0.133
Exercise prices of options received		0.10
Exercise price, maximum
Nature of Operations
Exercise prices of options issued		0.333
Exercise prices of options received		$ 0.25

GOING CONCERN (Details Narrativ

GOING CONCERN (Details Narrative) - USD ($)	Sep. 30, 2017	Dec. 31, 2016
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Losses incurred since inception	$ (5,689,989)	$ (4,022,984)
Working capital deficit	$ (666,662)

PROPERTY AND EQUIPMENT - Proper

PROPERTY AND EQUIPMENT - Property and equipment (Details) - USD ($)	Sep. 30, 2017	Dec. 31, 2016
Property, Plant and Equipment [Abstract]
Machinery and equipment	$ 94,931	$ 92,673
Office equipment and furniture	14,107	13,656
Leasehold improvements	2,400	2,400
Property and Equipment, at Cost	111,438	108,729
Less: Accumulated Depreciation	(42,869)	(30,479)
Property and Equipment, Net	$ 68,569	$ 78,250

PROPERTY AND EQUIPMENT (Details

PROPERTY AND EQUIPMENT (Details Narrative) - USD ($)	9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016
Property And Equipment Details Narrative
Depreciation expense	$ 12,390	$ 10,662

INTANGIBLE ASSETS - Components

INTANGIBLE ASSETS - Components of intangible assets (Details) - USD ($)	Sep. 30, 2017	Dec. 31, 2016
Goodwill and Intangible Assets Disclosure [Abstract]
Patents	$ 4,513,913	$ 100,439
Technology rights	200,000	50,000
Intangible, at Cost	4,713,913	150,439
Less: Accumulated Amortization	(309,198)	(107,582)
Net Carrying Amount	$ 4,404,715	$ 42,857

INTANGIBLE ASSETS (Details Narr

INTANGIBLE ASSETS (Details Narrative) - USD ($)	9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016
Intangible Assets Details Narrative
One-time fee for Transfer and Data Agreements	$ 125,000
One-time fee for license to utilize test data	$ 25,000
Intangible assets acquired, shares issued	2,250,000
Intangible assets acquired, price per share	$ 1.96
Intangible assets acquired, value of shares	$ 4,405,050
Amortization expense	$ 201,616	$ 5,022

NOTES PAYABLE - Summary of note

NOTES PAYABLE - Summary of notes payable (Details) - USD ($)	Sep. 30, 2017	Dec. 31, 2016
Notes Payable - Summary Of Notes Payable Details
Notes payable, related parties	$ 720,414	$ 358,802
Notes payable	351,465	150,000
Subtotal	1,071,879	508,802
Less debt discount	(9,643)	(20,549)
Subtotal, net	1,062,236	488,253
Less current portion	(787,236)	(358,802)
Net Long-Term Liabilities, net	$ 275,000	$ 129,451

NOTES PAYABLE - Notes payable (

NOTES PAYABLE - Notes payable (Details)	9 Months Ended
	Sep. 30, 2017USD ($)
Notes Payable, Related Party (A)
Original amount	$ 25,000
Issuance date	Dec. 10, 2015
Maturity date	Jun. 10, 2016
Interest rate	5.00%
Balance, beginning	$ 8,000
Balance, ending
Notes Payable, Related Party (B)
Original amount	$ 7,500
Issuance date	Mar. 11, 2016
Maturity date	Sep. 11, 2016
Interest rate	5.00%
Balance, beginning	$ 7,500
Balance, ending
Notes Payable, Related Party (6)
Original amount	$ 50,000
Issuance date	Oct. 18, 2016
Maturity date	Dec. 31, 2017
Interest rate	5.00%
Balance, beginning	$ 50,000
Balance, ending	50,000
Notes Payable, Related Party (7)
Original amount	$ 293,302
Issuance date	Jan. 1, 2017
Maturity date	Jan. 1, 2018
Interest rate	3.50%
Balance, beginning	$ 293,302
Balance, ending	249,802
Notes Payable, Related Party (6)
Original amount	$ 25,000
Issuance date	Apr. 12, 2017
Maturity date	Dec. 31, 2017
Interest rate	5.00%
Balance, beginning
Balance, ending	25,000
Notes Payable, Related Party (8)
Original amount	$ 25,000
Issuance date	Apr. 27, 2017
Maturity date	Apr. 27, 2018
Interest rate	3.00%
Balance, beginning
Balance, ending	25,000
Notes Payable, Related Party (9)
Original amount	$ 15,000
Issuance date	May 15, 2017
Maturity date	May 15, 2018
Interest rate	5.00%
Balance, beginning
Balance, ending	15,000
Notes Payable, Related Party (8)
Original amount	$ 10,000
Issuance date	Jun. 12, 2017
Maturity date	Jun. 12, 2018
Interest rate	3.00%
Balance, beginning
Balance, ending	10,000
Notes Payable, Related Party (8)
Original amount	$ 112
Issuance date	Jul. 1, 2017
Maturity date	Jun. 30, 2018
Interest rate	3.00%
Balance, beginning
Balance, ending	112
Notes Payable, Related Party (8)
Original amount	$ 5,500
Issuance date	Jul. 3, 2017
Maturity date	Jun. 30, 2018
Interest rate	3.00%
Balance, beginning
Balance, ending	5,500
Notes Payable, Related Party (8)
Original amount	$ 2,000
Issuance date	Jul. 5, 2017
Maturity date	Jun. 30, 2018
Interest rate	3.00%
Balance, beginning
Balance, ending	2,000
Notes Payable, Related Party (8)
Original amount	$ 3,000
Issuance date	Jul. 6, 2017
Maturity date	Jun. 30, 2018
Interest rate	3.00%
Balance, beginning
Balance, ending	3,000
Notes Payable, Related Party (8)
Original amount	$ 2,500
Issuance date	Jul. 10, 2017
Maturity date	Jun. 30, 2018
Interest rate	3.00%
Balance, beginning
Balance, ending	2,500
Notes Payable, Related Party (8)
Original amount	$ 2,500
Issuance date	Jul. 12, 2017
Maturity date	Jun. 30, 2018
Interest rate	3.00%
Balance, beginning
Balance, ending	2,500
Notes Payable, Related Party (8)
Original amount	$ 25,000
Issuance date	Jul. 13, 2017
Maturity date	Jun. 30, 2018
Interest rate	3.00%
Balance, beginning
Balance, ending	25,000
Notes Payable, Related Party (6)
Original amount	$ 25,000
Issuance date	Jul. 25, 2017
Maturity date	Sep. 25, 2017
Interest rate	5.00%
Balance, beginning
Balance, ending	25,000
Notes Payable, Related Party (8)
Original amount	$ 5,000
Issuance date	Aug. 14, 2017
Maturity date	Jun. 30, 2018
Interest rate	3.00%
Balance, beginning
Balance, ending	5,000
Notes Payable, Related Party (10)
Original amount	$ 275,000
Issuance date	Sep. 27, 2017
Maturity date	Oct. 1, 2018
Interest rate	7.50%
Balance, beginning
Balance, ending	275,000
Notes Payable (1)
Original amount	$ 150,000
Issuance date	May 18, 2016
Maturity date	Jun. 1, 2018
Interest rate	13.00%
Balance, beginning	$ 150,000
Balance, ending	150,000
Notes Payable (2)
Original amount	$ 25,000
Issuance date	May 8, 2017
Maturity date	Oct. 10, 2017
Interest rate	0.00%
Balance, beginning
Balance, ending	25,000
Notes Payable (3)
Original amount	$ 125,000
Issuance date	May 15, 2017
Maturity date	Aug. 31, 2017
Interest rate	10.00%
Balance, beginning
Balance, ending	101,465
Notes Payable (4)
Original amount	$ 50,000
Issuance date	Sep. 1, 2017
Maturity date	Dec. 31, 2017
Interest rate	8.00%
Balance, beginning
Balance, ending	50,000
Notes Payable (5)
Original amount	$ 25,000
Issuance date	Sep. 27, 2017
Maturity date	Dec. 31, 2017
Interest rate	8.00%
Balance, beginning
Balance, ending	25,000
Subtotal
Balance, beginning	508,802
Balance, ending	1,071,879
Total, net
Debt Discount, beginning	(20,549)
Debt Discount, ending	(9,643)
Balance, beginning	488,253
Balance, ending	$ 1,062,236

STOCKHOLDERS' DEFICIT - Assumpt

STOCKHOLDERS' DEFICIT - Assumptions used to estimate fair value of stock-based awards (Details)	9 Months Ended
	Sep. 30, 2017
Equity [Abstract]
Expected price volatility, minimum	165.72%
Expected price volatility, maximum	199.94%
Expected dividend yield	0.00%
Expected option life, minimum	2 years
Expected option life, maximum	5 years
Risk-free interest rate, minimum	1.22%
Risk-free interest rate, maximum	1.95%

STOCKHOLDERS' DEFICIT - Summary

STOCKHOLDERS' DEFICIT - Summary of options issued and outstanding (Details) - USD ($)	Jan. 27, 2017	Jan. 02, 2017	Oct. 02, 2016	Sep. 16, 2016	Jan. 02, 2016	May 22, 2014	Sep. 30, 2017
Options issued and outstanding
Number outstanding	200,000	30,000	7,500	10,000	90,000	1,875,000	2,287,500
Number exercisable	200,000		7,500	10,000	90,000	1,875,000	2,257,500
Exercise price	$ 2	$ 2	$ 1	$ 1	$ 0.33	$ 0.13
Weighted average remaining contractual life	4 years 3 months 29 days	1 year 3 months	2 years 3 months	2 years 3 months	2 years 3 months	1 year 7 months 21 days
Expiration date	Jan. 26, 2022	Jan. 1, 2019	Dec. 31, 2019	Dec. 31, 2019	Dec. 31, 2019	May 20, 2019
Proceeds to Company if exercised	$ 400,000	$ 60,000	$ 7,500	$ 10,000	$ 30,000	$ 250,000	$ 782,500
Options issued and outstanding (2)
Number outstanding					75,000
Number exercisable					75,000
Exercise price					$ 0.33
Weighted average remaining contractual life					2 years 3 months
Expiration date					Dec. 31, 2019
Proceeds to Company if exercised					$ 25,000

STOCKHOLDERS' DEFICIT (Details

STOCKHOLDERS' DEFICIT (Details Narrative) - USD ($)	Aug. 09, 2017	Jul. 27, 2017	Jul. 13, 2017	Jun. 27, 2017	Jun. 16, 2017	Apr. 14, 2017	Apr. 12, 2017	Apr. 06, 2017	Jan. 27, 2017	Jan. 07, 2017	Jan. 02, 2017	Mar. 13, 2017	Sep. 30, 2017
Common stock issued to unrelated party for cash proceeds, shares	20,000	30,000	24,000	10,000	20,000	5,000	100,000			25,000		400,000
Common stock issued to unrelated party for cash proceeds, price per share	$ 1.25	$ 1.25	$ 1.25	$ 1.25	$ 1.25	$ 1	$ 1			$ 1		$ 1
Common stock issued to unrelated party for cash proceeds, amount	$ 25,000	$ 37,500	$ 30,000	$ 12,500	$ 25,000	$ 5,000	$ 100,000			$ 25,000		$ 400,000
Common stock issued to aquire intellectual property, shares								2,250,000
Common stock issued to aquire intellectual property, price per share								$ 1.96
Common stock issued to aquire intellectual property, value of shares								$ 4,405,050
Stock Options
Weighted average exercise prices of options outstanding													$ .34
Weighted average exercise prices of options exercisable													$ .32
Options issued to related parties (1)
Stock Options
Stock options issued, shares											30,000
Stock options issued, exercise price											$ 2
Stock compensation expense recognized													$ 28,110
Remaining stock compensation expense													28,110
Options issued to related parties (2)
Stock Options
Stock options issued, shares									200,000
Stock options issued, exercise price									$ 2
Stock compensation expense recognized													373,800
Remaining stock compensation expense													$ 0

COMMITMENTS AND CONTINGENCIES (

COMMITMENTS AND CONTINGENCIES (Details Narrative) - USD ($)	1 Months Ended	9 Months Ended
	Sep. 30, 2017	Sep. 30, 2017
Commitments and Contingencies Disclosure [Abstract]
Monthly lease amount for Little River, South Carolina space		$ 4,800
Annual base salary for director to serve as president of Annihilyzer Division of Paradigm	$ 90,000
Signing bonus due to Division president	40,000
Amounts paid in salary to Division president	$ 7,500

PAYROLL LIABILITIES (Details Na

PAYROLL LIABILITIES (Details Narrative)	Sep. 30, 2017USD ($)
Notes to Financial Statements
Federal and state payroll liabilities past due balance, excluding penalties, interest and fees	$ 116,946

SUBSEQUENT EVENTS (Details Narr

SUBSEQUENT EVENTS (Details Narrative) - USD ($)

Oct. 27, 2017

Oct. 25, 2017

Oct. 24, 2017

Oct. 11, 2017

Aug. 09, 2017

Jul. 27, 2017

Jul. 13, 2017

Jun. 27, 2017

Jun. 16, 2017

Apr. 14, 2017

Apr. 12, 2017

Jan. 07, 2017

Mar. 13, 2017

Stock issued for cash proceeds, shares

20,000

30,000

24,000

10,000

20,000

5,000

100,000

25,000

400,000

Revised share price relating to common stock sold from September 1, 2016 to October 30, 2017

$ 0.75

Total additional shares of common stock issued to investors as result of revised share price

337,666

Additional shares of common stock issued to related parties, included in total additional shares issued

191,667

Unrelated Party (1)

Promissory note, amount

$ 37,500

Due date

Oct. 11, 2018

Interest rate

8.00%

Related Party (1)

Promissory note, amount

$ 20,000

Due date

Apr. 24, 2018

Interest rate

5.00%

Unrelated Party (2)

Stock issued for cash proceeds, shares

40,000

Stock issued for cash proceeds, price per share

$ 0.75

Stock issued for cash proceeds, amount

$ 30,000