INTREorg SYSTEMS (IORG) 10-Q 24 Sep 18 2016 Q3 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - $ / shares	Sep. 15, 2018	Sep. 30, 2016
Details
Registrant Name		INTREorg SYSTEMS INC.
Registrant CIK		1,295,560
SEC Form		10-Q
Period End date		Sep. 30, 2016
Fiscal Year End		--12-31
Trading Symbol		iorg
Tax Identification Number (TIN)		450,526,215
Number of common stock shares outstanding	19,132,135
Filer Category		Smaller Reporting Company
Current with reporting		No
Voluntary filer		No
Well-known Seasoned Issuer		No
Emerging Growth Company		true
Ex Transition Period		false
Amendment Flag		false
Document Fiscal Year Focus		2,016
Document Fiscal Period Focus		Q3
Entity Incorporation, State Country Name		Texas
Entity Address, Address Line One		2600 E. Southlake Blvd.
Entity Address, Address Line Two		Suite 120-366
Entity Address, City or Town		Southlake
Entity Address, State or Province		TX
Entity Address, Postal Zip Code		76,092
Phone Fax Number Description		Registrant’s telephone number, including area code
City Area Code		817
Local Phone Number		313-5005
Entity Listing, Par Value Per Share	$ 0

Balance Sheets (Unaudited)

Balance Sheets (Unaudited) - USD ($)	Sep. 30, 2016	Dec. 31, 2015
Current Assets:
Cash	$ 0	$ 0
Marketable securities	3,875	14,351
Total Current Assets	3,875	14,351
TOTAL ASSETS	3,875	14,351
Current Liabilities
Accounts payable	512,378	511,248
Accounts payable - related parties	508,951	425,944
Accrued interest and other liabilities	675,219	607,550
Accrued compensation	453,290	453,290
Notes payable	521,000	521,000
Revolving line of credit - related party	314,195	597,754
Total Current Liabilities	2,985,033	3,116,786
Stockholders' Deficit
Preferred Stock, Value	0	0
Common Stock, Value	2,840,145	2,441,345
Additional paid in capital	329,178	290,077
Accumulated other comprehensive income	(48,561)	(38,085)
Accumulated deficit	(6,101,920)	(5,795,772)
Total stockholders' deficit	(2,981,158)	(3,102,435)
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT	$ 3,875	$ 14,351

Balance Sheets (Unaudited) - Pa

Balance Sheets (Unaudited) - Parenthetical - $ / shares	Sep. 30, 2016	Dec. 31, 2015
Details
Preferred Stock, Par or Stated Value Per Share	$ 0	$ 0
Preferred Stock, Shares Authorized	10,000,000	10,000,000
Preferred Stock, Shares Issued	0	0
Preferred Stock, Shares Outstanding	0	0
Common Stock, Par or Stated Value Per Share	$ 0	$ 0
Common Stock, Shares Authorized	100,000,000	100,000,000
Common Stock, Shares, Issued	16,054,260	15,067,807
Common Stock, Shares, Outstanding	16,054,260	15,067,807

Statements of Operations (Unaud

Statements of Operations (Unaudited) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Revenues
Services revenues- related parties	$ 0	$ 0	$ 0	$ 52,436
Total revenues	0	0	0	52,436
Operating expenses
Software licensing fees- related party	31,241	9,325	106,158	49,175
Salaries and wages	7,000	21,000	49,000	151,064
General and administrative expenses	26,077	135,870	99,178	604,717
Total operating expenses	64,318	166,195	254,336	804,956
Other expense
Interest Expense	10,670	10,670	31,664	31,664
Interest expense- related party	1,811	13,898	20,148	38,695
Loss on settlement of accounts payable	0	0	0	32,587
Total other expense	12,481	24,568	51,812	102,946
Net loss	$ (76,799)	$ (190,763)	$ (306,148)	$ (855,466)
Net loss per share of common stock	$ 0	$ (0.01)	$ (0.02)	$ (0.06)
Weighted average number of common shares outstanding	16,068,960	14,437,807	15,766,971	13,921,463

Statements of Comprehensive Los

Statements of Comprehensive Loss - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Details
Net loss	$ (76,799)	$ (190,763)	$ (306,148)	$ (855,466)
Other comprehensive income (loss)
Unrealized gain (loss) on marketable securities classified as available for sale	(9,041)	(63,296)	(10,476)	20,067
Total other comprehensive income (loss)	(9,041)	(63,296)	(10,476)	20,067
Total comprehensive loss	$ (85,840)	$ (254,059)	$ (316,624)	$ (835,399)

Statements of Cash Flows (Unaud

Statements of Cash Flows (Unaudited) - USD ($)	9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015
Cash Flows from Operating Activities
Net Loss	$ (306,148)	$ (855,466)
Adjustments to reconcile net loss to net cash used by operating activities:
Common stock and options issued for services	147,401	353,001
Amortization and depreciation	0	9,375
Marketable securities received for services rendered	0	(52,436)
Loss on settlement of accounts payable	0	32,587
Changes in operating assets and liabilities
Increase in accounts payables	1,130	79,903
Increase in accounts payable related party	83,007	165,169
Increase in accrued liabilities and other	67,669	116,861
Net Cash Flows Used by Operating Activities	(6,941)	(151,006)
Net Cash Flows Provided (Used) by Investing Activities	0	0
Cash Flows from Financing Activities
Proceeds from related party revolving line of credit	6,941	151,006
Net Cash Flows Provided by Financing Activities	6,941	151,006
Net Change in Cash	0	0
Cash and Cash Equivalents, at Carrying Value, Beginning Balance	0	0
Cash and Cash Equivalents, at Carrying Value, Ending Balance	0	0
Supplemental Disclosure of Cash Flow Information
Cash paid for interest	0	0
Cash paid for taxes	0	0
Stock issued in settlement of debt and accounts payable	$ 290,500	$ 85,000

NOTE 1. ORGANIZATION, BASIS OF

NOTE 1. ORGANIZATION, BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	9 Months Ended
	Sep. 30, 2016
Notes
NOTE 1. ORGANIZATION, BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	NOTE 1. ORGANIZATION, BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES. Organization INTREorg Systems, Inc. (the “Company”) was incorporated under the laws of the State of Texas on November 3, 2003. The Company was organized for the purpose of providing internet consulting and "back office" services to companies. The Company's fiscal year end is December 31st. Reclassifications Certain amounts in the prior period financial statements have been reclassified to conform to the current period presentation. Going Concern The Company's financial statements have been presented on the basis that it is a going concern, which contemplates the realization of assets and the satisfaction of liabilities in the normal course of business. The Company's current liabilities exceed the current assets by $2,981,158 at September 30, 2016. At September 30, 2016, the Company had an accumulated deficit of $6,101,920. The Company's ability to continue as a going concern is dependent upon its ability to generate additional revenues or raise the necessary capital to further implement its business plan and ultimately achieve profitable operations. There can be no assurance that the Company will be successful in obtaining such financing, or that it will attain positive cash flow from operations. Accordingly, there is substantial doubt as to our ability to continue as a going concern. However, management believes that actions presently being taken provide the opportunity for the Company to continue as a going concern. The accompanying financial statements do not include any adjustments that might result from the outcome of these uncertainties. Basis of Presentation Interim Accounting The accompanying unaudited interim financial statements of the Company have been prepared in accordance with accounting principles generally accepted in the United States of America and the rules of the Securities and Exchange Commission ("SEC") and should be read in conjunction with the audited financial statements and notes thereto contained in the Company's annual report on Form 10-K for the year ended December 31, 2015 as filed with the SEC on September 20, 2018. In the opinion of management, all adjustments, consisting of normal recurring adjustments, necessary for a fair presentation of financial position and the results of operations for the interim periods presented have been reflected herein. The results of operations for interim periods are not necessarily indicative of the results to be expected for the full year. Notes to the financial statements which would substantially duplicate the disclosure contained in the audited financial statements for the most recent fiscal year ended December 31, 2015 as reported in Form 10-K have been omitted. Summary of Significant Accounting Policies Revenue Recognition The Company recognizes revenue when it is earned and when all of the following criteria are met: persuasive evidence of the arrangement exists; delivery has occurred or service has been provided and the Company has no remaining obligations; the fee is fixed or determinable; and collectability is probable. Marketable equity securities As of September 30, 2016, the Company earned 143,141 restricted common shares of Radiant Oil and Gas (“Radiant”) for services rendered (see note 2). The Company determines the appropriate balance sheet classification of its marketable securities at the time the shares are acquired and reevaluates such determination at each balance sheet date. The marketable equity securities are classified as current, available-for sale and carried at fair value, with the change in unrealized gains and losses reported as a separate component of other comprehensive income (loss) on the Statements of Comprehensive Loss and accumulated as a separate component of stockholders' equity on the balance sheets. The Company sold the securities in October 2017 for $9,000 on a private direct sale transaction. Fair Value of Financial Instruments The accounting guidance establishes a fair value hierarchy based on whether the market participant assumptions used in determining fair value are obtained from independent sources (observable inputs) or reflect the Company's own assumptions of market participant valuation (unobservable inputs). A financial instrument's categorization within the fair value hierarchy is based upon the lowest level of input that is significant to the fair value measurement. The accounting guidance establishes three levels of inputs that may be used to measure fair value: · · · The Company considers an active market to be one in which transactions for the asset or liability occur with sufficient frequency and volume to provide pricing information on an ongoing basis and views an inactive market as one in which there are few transactions for the asset or liability, the prices are not current, or price quotations vary substantially either over time or among market makers. Recent Accounting Pronouncements In August 2014, the FASB issued a new Accounting Standards Update, Presentation of Financial Statements—Going Concern (Subtopic 205-40): Disclosure of Uncertainties about an Entity’s Ability to Continue as a Going Concern (ASU 2014-15). ASU 2014-15 provides guidance on management’s responsibility to evaluate whether there is substantial doubt about an entity’s ability to continue as a going concern within one year of the date the financial statements are issued, and, if such conditions exist, to provide related footnote disclosures. The guidance is effective for annual periods ending after December 15, 2016 and interim periods within annual periods beginning after December 15, 2016. Early adoption is permitted. The Company expects to adopt this guidance when effective and is currently evaluating the effect that the updated standard will have on its financial statements and related disclosures.

NOTE 2. RELATED PARTY TRANSACTI

NOTE 2. RELATED PARTY TRANSACTIONS	9 Months Ended
	Sep. 30, 2016
Notes
NOTE 2. RELATED PARTY TRANSACTIONS	NOTE 2. RELATED PARTY TRANSACTIONS Licensing Agreement On October 30, 2012, the Company entered in to an Intellectual Property License and Consulting Agreement with Public Issuer Stock Analytics, LLC (PISA) a Texas Limited Liability Corporation, whose managing member is a shareholder, granting the Company an exclusive license to develop and use the Licensed Technology and to fully exploit the Licensed Technology by selling products and/or services. Upon signing of the agreement, the company paid PISA 250,000 shares of restricted common stock and thereafter and until the second anniversary 20,000 shares monthly of restricted common stock monthly and 1% of the gross sales of products and/or services. Thereafter and until the third anniversary, 20,000 shares monthly of restricted common stock and 2% of Gross Sales of products and/or services. Following the third anniversary, 20,000 shares monthly of restricted common stock and 3% of Gross Sales. The Company expensed $106,158 and $49,175 for the nine-month periods ending September 30, 2016 and 2015, respectively, related to this agreement. Services revenues In April 2015, we entered into a professional services agreement with Radiant Oil and Gas (“Radiant”). In exchange for the consulting services, the Company was awarded 143,141 shares of restricted common stock of Radiant valued at $52,436. Line of Credit On June 19, 2011, the Company entered into a revolving line of credit with J.H. Brech, LLC (“Brech”); a related party, to provide access to fund our operations (the "Line of Credit"). Under the terms of the 8% Line of Credit, we have access of up to $500,000. Advances under this Line of Credit were in abeyance for approximately 12 months from August of 2011 to August of 2012; however, the Line of Credit is open again and we may take advances out pursuant to the terms summarized herein. On August 26, 2014, the line of credit was amended to decrease the conversion price to $0.25 per share. Interest accrues at 8% per annum on the outstanding principal amount due under the revolving line of credit and is payable semi-annually on June 30 and December 31 of each year commencing June 30, 2011. The principal and any accrued but unpaid is due on the earlier of: · · At the Company’s sole discretion, we can pay the interest in shares of our common stock valued as follows: · · The Company may prepay the note at any time without penalty. Upon an event of default, Brech has the right to accelerate the note. Events of default include: · · · · · On August 25, 2014, we entered into an amendment of the Line of Credit agreement to provide that the conversion price shall be revised from $1.00 per share to $0.25 per share. The maturity date of the agreement remained the same. The parties also acknowledged and agreed that no payment of principal of the Line of Credit has been made and received, and accordingly, the amended conversion price applies to both the interest and principal of the Line of Credit. Accrued and unpaid interest on the Line of Credit at September 30, 2016 and December 31, 2015 totaled $62,681 and $45,629, respectively. As of September 30, 2016, and December 31, 2015, the Company owed Brech $314,195 and $597,754, respectively for amounts advanced to the Company for working capital expenses. The balance is past due and is classified as a current liability as of September 30, 2016 and December 31, 2015. As of the date of this Report, Brech, has not declared a default on the Line of Credit and waived the loan defaults on March 2, 2017 through September 30, 2017. Cicerone Consulting Agreement As of September 30, 2016, and December 31, 2015, Cicerone Corporate Development, LLC ("Cicerone") is owed $29,946 for company reimbursable expenses, under the terms of the Company's 2011 consulting agreement with Cicerone, which was terminated in 2011. Payable to the Chief Executive Officer and President On February 3, 2014, Darren Dunckel paid certain legal, accounting and other invoices on behalf of the Company aggregating $33,837. Such advances have not been repaid and are included in accounts payable- related parties. In addition, Mr. Dunckel is owed $202,332 in unpaid consulting fees. During the nine months ended September 30, 2016 and 2015, the Company expensed $49,000 and $63,000, respectively in consulting fees to Mr. Dunckel. Payable to former President and Chairman of the Board As of September 30, 2016, and December 31, 2015, the Company has a payable of $86,000 to a former President and Chairman of the Board for consulting services rendered in prior years. Payable to shareholder As of September 30, 2016, and December 31, 2015, the Company has accrued $76,876 and $76,876, respectively, for accounting services from a shareholder, PT Platinum. This amount is included in accounts payable-related parties. During the nine months ended September 30, 2016 and 2015, the Company expensed $0 and $83,175, respectively in fees to PT Platinum.

NOTE 3. NOTES PAYABLE

NOTE 3. NOTES PAYABLE	9 Months Ended
	Sep. 30, 2016
Notes
NOTE 3. NOTES PAYABLE	NOTE 3. NOTES PAYABLE The Company’s notes payable totaling $521,000 bear interest at 6% to 10% per annum. Accrued and unpaid interest at September 30, 2016 and December 31, 2015 amounted to approximately $412,452 and $380,785, respectively, and is included with accrued interest and other liabilities in the accompanying financial statements. All of the Company’s notes payable are past due and in default.

NOTE 4. COMMITMENTS AND CONTING

NOTE 4. COMMITMENTS AND CONTINGENCIES	9 Months Ended
	Sep. 30, 2016
Notes
NOTE 4. COMMITMENTS AND CONTINGENCIES	NOTE 4. COMMITMENTS AND CONTINGENCIES At September 30, 2016 and December 31, 2015, management estimates there is a potential liability of $453,290 related to the operations under the former management of the Company. The amount is recorded as an accrued compensation in the accompanying financial statements and relates primarily to compensation in years prior to 2009. Management is not aware of any pending or threatened litigation involving the Company as of September 30, 2016 or since, through the date of these financial statements.

NOTE 5. CAPITAL STOCK

NOTE 5. CAPITAL STOCK	9 Months Ended
	Sep. 30, 2016
Notes
NOTE 5. CAPITAL STOCK	NOTE 5. CAPITAL STOCK. During the nine-month period ended September 30, 2016, the Company authorized the issuance of 20,000 shares per month to Public Issuer Stock Analytics (PISA) pursuant to the terms of the intellectual property license and consulting agreement the Company maintains with them. The grants are valued at the closing price of the Company’s common stock as of the grant date. During the three and nine-month period ended September 30, 2016 and 2015, the Company recorded an expense of $108,299 and $39,800, respectively for the share grants. During the nine-month period ended September 30, 2015 the Company authorized the issuance of 613,935 shares to an investor relations firm pursuant to the terms of the consulting agreement the Company maintains with them. The grants are valued at the closing price of the Company’s common stock as of the grant date. During the nine-month period ended September 30, 2015 the Company recorded an expense of $178,581 for these share grants. During the nine- month period ended September 30, 2016 the Company cancelled the issuance of 355,547 shares to an investor relations firm pursuant to the terms of the consulting agreement the Company maintains with them. During the nine-month period ended September 30, 2016 the Company issued 1,162,000 shares of common stock valued at $290,500 to pay off a portion of the line of credit. 2010 Stock Option and Award Incentive Plan On June 29, 2010, the Company’s shareholders approved the adoption of the Company’s 2010 Stock Option and Award Incentive Plan (the “Plan”). The Plan, which provides for the grant of stock options to the Company’s directors, officers, employees, consultants, and advisors of the Company, is administered by a committee consisting of members of the Board of Directors (the "Stock Option Committee"), or in its absence, the Board of Directors. The Plan provides for a total of 2,000,000 shares of common stock to be reserved for issuance subject to options. A summary of option activity as of September 30, 2016 and changes during the period then ended are presented below: Options Number of Options Weighted Average Exercise Price Weighted Average Remaining Contractual Term Aggregate Intrinsic Value Balance January 1, 2016 2,300,000 $ 0.46 2.31 $ - Granted - - - - Exercised - - - - Expired - - - - Balance September 30, 2016 2,300,000 $ 0.46 1.69 $ 180,000 Options exercisable at September 30, 2016 950,994 $ 0.58 1.70 $ 427,500 Stock option expense of $39,103and $26,499 was recorded during the three and nine-month period ended September 30, 2016. During the nine months ended September 30, 2016, no stock options were granted.

Fair Value, Option

Fair Value, Option	9 Months Ended
	Sep. 30, 2016
Notes
Fair Value, Option	NOTE 6. FAIR VALUE MEASUREMENTS The following table summarizes the valuation of our marketable securities and marketable securities of related parties recorded on a fair value basis as of September 30, 2016: Total Quoted market prices in active markets (level 1 Quoted market prices in inactive markets (level 2) Significant Unobservable inputs Asset Marketable securities $ 3,875 $ - $ 3,875 $ - Total $ 3,875 $ - $ 3,875 $ - The Company considers the level of inputs used to measure fair value of marketable securities and marketable securities of related parties to be level 2 due to the low trading volume of the respective securities. The fair value of notes payable and the revolving line of credit- related party are deemed to approximate book value. Due to their near-term maturities, the carrying amounts of account payable and accounts payable-related parties are considered equivalent to fair value.

NOTE 7. SUBSEQUENT EVENTS

NOTE 7. SUBSEQUENT EVENTS	9 Months Ended
	Sep. 30, 2016
Notes
NOTE 7. SUBSEQUENT EVENTS	NOTE 7. SUBSEQUENT EVENTS Board of Directors: On October 1, 2016, Mr. Thomas E. Lindholm was named Executive Director and Interim CEO to act as the company’s sole officer. Mr. Lindholm’s Director Agreement compensation included director fees and stock options. Mr. Lindholm was granted an option to purchase up to 500,000 shares at $.20 per share. The options fully vest on September 30, 2017 and have a 3-year term. Mr. Lindholm was issued 170,000 shares of common stock on December 13, 2017 which converted $34,000 in accrued director fees and was also issued an additional 50,000 shares of common stock related to this Director Agreement. On January 27, 2017, Mr. Michael Farmer resigned as Director. On March 31, 2017 Mr. Farmer exercised his stock option and requested past director fees be converted into common stock, the Company Executive Director denied the request. Mr. Redgie Green resigned on October 11, 2017 and a copy of his resignation letter is an exhibit hereto. On October 16, 2017 Mr. John Devlin Jr. was named Director and died on March 8, 2018. Mr. Devlin was issued 50,000 shares of common stock upon appointment to the Board. On March 13, 2018, Mr. Robert Flynn was appointed to the Board as Director, Secretary and Treasurer. Mr. Flynn was issued 50,000 shares of common stock upon appointment to the Board. A copy of the Director Agreements attached hereto as an exhibit. Management: On August 19, 2016, Mr. Darren Dunkel was terminated as President and Chief Executive Officer by the Board of Directors. On October 1, 2016, Mr. Thomas E. Lindholm was named interim Chief Executive Officer and executive director to act as the company’s sole officer until a new executive officer could be hired. On April 20, 2017, Mr. David Beach was named President and Chief Executive Officer and subsequently resigned on June 29, 2017. On March 13, 2018, Mr. Robert Flynn was named Vice President / General Counsel. Messrs. Lindholm and Flynn entered into management consulting agreements for one year. 377,247 shares were issued to Messrs. Lindholm and Flynn on April 3, 2018 related to these management consulting agreements. Public Stock Issuer Analytics, Inc. (“PISA”): On March 1, 2017, PISA License Agreement was extended to September 30, 2017. On November 11, 2017, the PISA Intellectual Property License Agreement was extended ten years from September 30, 2017 through September 30, 2027. Through September 15, 2018, the Company issued 646,545 shares to Public Issuer Stock Analytics pursuant to the terms of the intellectual property license. J.H. Brech Revolving 8% Credit Note: The balance on the line of credit as of September 18, 2018 was $215,796. Other: On October 15, 2017, management sold its Radiant Oil and Gas, Inc. common shares in a private sale for $9,000. On June 27, 2018, the Company named Mr. Richard M. Nummi, Director and Chairman of the Executive Compensation Committee. Subject to vesting requirements, the Company granted 50,000 shares of common stock to Mr. Nummi on the date of this agreement. On September 12, 2018, the Company issued 1,185,000 shares of common stock for $237,000.

NOTE 1. ORGANIZATION, BASIS O14

NOTE 1. ORGANIZATION, BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES: Organization (Policies)	9 Months Ended
	Sep. 30, 2016
Policies
Organization	Organization INTREorg Systems, Inc. (the “Company”) was incorporated under the laws of the State of Texas on November 3, 2003. The Company was organized for the purpose of providing internet consulting and "back office" services to companies. The Company's fiscal year end is December 31st.

NOTE 1. ORGANIZATION, BASIS O15

NOTE 1. ORGANIZATION, BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES: Reclassifications (Policies)	9 Months Ended
	Sep. 30, 2016
Policies
Reclassifications	Reclassifications Certain amounts in the prior period financial statements have been reclassified to conform to the current period presentation.

NOTE 1. ORGANIZATION, BASIS O16

NOTE 1. ORGANIZATION, BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES: Going Concern (Policies)	9 Months Ended
	Sep. 30, 2016
Policies
Going Concern	Going Concern The Company's financial statements have been presented on the basis that it is a going concern, which contemplates the realization of assets and the satisfaction of liabilities in the normal course of business. The Company's current liabilities exceed the current assets by $2,981,158 at September 30, 2016. At September 30, 2016, the Company had an accumulated deficit of $6,101,920. The Company's ability to continue as a going concern is dependent upon its ability to generate additional revenues or raise the necessary capital to further implement its business plan and ultimately achieve profitable operations. There can be no assurance that the Company will be successful in obtaining such financing, or that it will attain positive cash flow from operations. Accordingly, there is substantial doubt as to our ability to continue as a going concern. However, management believes that actions presently being taken provide the opportunity for the Company to continue as a going concern. The accompanying financial statements do not include any adjustments that might result from the outcome of these uncertainties.

NOTE 1. ORGANIZATION, BASIS O17

NOTE 1. ORGANIZATION, BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES: Interim Accounting (Policies)	9 Months Ended
	Sep. 30, 2016
Policies
Interim Accounting	Interim Accounting The accompanying unaudited interim financial statements of the Company have been prepared in accordance with accounting principles generally accepted in the United States of America and the rules of the Securities and Exchange Commission ("SEC") and should be read in conjunction with the audited financial statements and notes thereto contained in the Company's annual report on Form 10-K for the year ended December 31, 2015 as filed with the SEC on September 20, 2018. In the opinion of management, all adjustments, consisting of normal recurring adjustments, necessary for a fair presentation of financial position and the results of operations for the interim periods presented have been reflected herein. The results of operations for interim periods are not necessarily indicative of the results to be expected for the full year. Notes to the financial statements which would substantially duplicate the disclosure contained in the audited financial statements for the most recent fiscal year ended December 31, 2015 as reported in Form 10-K have been omitted.

NOTE 1. ORGANIZATION, BASIS O18

NOTE 1. ORGANIZATION, BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES: Revenue Recognition (Policies)	9 Months Ended
	Sep. 30, 2016
Policies
Revenue Recognition	Revenue Recognition The Company recognizes revenue when it is earned and when all of the following criteria are met: persuasive evidence of the arrangement exists; delivery has occurred or service has been provided and the Company has no remaining obligations; the fee is fixed or determinable; and collectability is probable.

NOTE 1. ORGANIZATION, BASIS O19

NOTE 1. ORGANIZATION, BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES: Marketable equity securities (Policies)	9 Months Ended
	Sep. 30, 2016
Policies
Marketable equity securities	Marketable equity securities As of September 30, 2016, the Company earned 143,141 restricted common shares of Radiant Oil and Gas (“Radiant”) for services rendered (see note 2). The Company determines the appropriate balance sheet classification of its marketable securities at the time the shares are acquired and reevaluates such determination at each balance sheet date. The marketable equity securities are classified as current, available-for sale and carried at fair value, with the change in unrealized gains and losses reported as a separate component of other comprehensive income (loss) on the Statements of Comprehensive Loss and accumulated as a separate component of stockholders' equity on the balance sheets. The Company sold the securities in October 2017 for $9,000 on a private direct sale transaction.

NOTE 1. ORGANIZATION, BASIS O20

NOTE 1. ORGANIZATION, BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES: Fair Value of Financial Instruments (Policies)	9 Months Ended
	Sep. 30, 2016
Policies
Fair Value of Financial Instruments	Fair Value of Financial Instruments The accounting guidance establishes a fair value hierarchy based on whether the market participant assumptions used in determining fair value are obtained from independent sources (observable inputs) or reflect the Company's own assumptions of market participant valuation (unobservable inputs). A financial instrument's categorization within the fair value hierarchy is based upon the lowest level of input that is significant to the fair value measurement. The accounting guidance establishes three levels of inputs that may be used to measure fair value: · · · The Company considers an active market to be one in which transactions for the asset or liability occur with sufficient frequency and volume to provide pricing information on an ongoing basis and views an inactive market as one in which there are few transactions for the asset or liability, the prices are not current, or price quotations vary substantially either over time or among market makers.

NOTE 1. ORGANIZATION, BASIS O21

NOTE 1. ORGANIZATION, BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES: Recent Accounting Pronouncements (Policies)	9 Months Ended
	Sep. 30, 2016
Policies
Recent Accounting Pronouncements	Recent Accounting Pronouncements In August 2014, the FASB issued a new Accounting Standards Update, Presentation of Financial Statements—Going Concern (Subtopic 205-40): Disclosure of Uncertainties about an Entity’s Ability to Continue as a Going Concern (ASU 2014-15). ASU 2014-15 provides guidance on management’s responsibility to evaluate whether there is substantial doubt about an entity’s ability to continue as a going concern within one year of the date the financial statements are issued, and, if such conditions exist, to provide related footnote disclosures. The guidance is effective for annual periods ending after December 15, 2016 and interim periods within annual periods beginning after December 15, 2016. Early adoption is permitted. The Company expects to adopt this guidance when effective and is currently evaluating the effect that the updated standard will have on its financial statements and related disclosures.

NOTE 5. CAPITAL STOCK_ Schedule

NOTE 5. CAPITAL STOCK: Schedule of Stock Option Activity (Tables)	9 Months Ended
	Sep. 30, 2016
Tables/Schedules
Schedule of Stock Option Activity	Options Number of Options Weighted Average Exercise Price Weighted Average Remaining Contractual Term Aggregate Intrinsic Value Balance January 1, 2016 2,300,000 $ 0.46 2.31 $ - Granted - - - - Exercised - - - - Expired - - - - Balance September 30, 2016 2,300,000 $ 0.46 1.69 $ 180,000 Options exercisable at September 30, 2016 950,994 $ 0.58 1.70 $ 427,500

Fair Value, Option_ Valuation o

Fair Value, Option: Valuation of marketable securities (Tables)	9 Months Ended
	Sep. 30, 2016
Tables/Schedules
Valuation of marketable securities	Total Quoted market prices in active markets (level 1 Quoted market prices in inactive markets (level 2) Significant Unobservable inputs Asset Marketable securities $ 3,875 $ - $ 3,875 $ - Total $ 3,875 $ - $ 3,875 $ -

NOTE 1. ORGANIZATION, BASIS O24

NOTE 1. ORGANIZATION, BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES: Organization (Details)	9 Months Ended
	Sep. 30, 2016
Details
Entity Incorporation, State Country Name	Texas
Entity Incorporation, Date of Incorporation	Nov. 3, 2003

NOTE 1. ORGANIZATION, BASIS O25

NOTE 1. ORGANIZATION, BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES: Going Concern (Details) - USD ($)	Sep. 30, 2016	Dec. 31, 2015
Details
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	$ (2,981,158)
Accumulated deficit	$ (6,101,920)	$ (5,795,772)

NOTE 2. RELATED PARTY TRANSAC26

NOTE 2. RELATED PARTY TRANSACTIONS: Licensing Agreement (Details) - Public Issuer Stock Analytics, LLC (PISA) - USD ($)	9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015
Related Party Transaction, Date	Oct. 30, 2012
Related Party Transaction, Description of Transaction	the Company entered in to an Intellectual Property License and Consulting Agreement with Public Issuer Stock Analytics, LLC (PISA)
Related Party Transaction, Expenses from Transactions with Related Party	$ 106,158	$ 49,175

NOTE 2. RELATED PARTY TRANSAC27

NOTE 2. RELATED PARTY TRANSACTIONS: Services revenues (Details) - Radiant Oil and Gas ("Radiant")	9 Months Ended
	Sep. 30, 2016USD ($)
Related Party Transaction, Description of Transaction	we entered into a professional services agreement with Radiant Oil and Gas (“Radiant”)
Related Party Transaction, Amounts of Transaction	$ 52,436
Minimum
Related Party Transaction, Date	Apr. 1, 2015
Maximum
Related Party Transaction, Date	Apr. 30, 2015

NOTE 2. RELATED PARTY TRANSAC28

NOTE 2. RELATED PARTY TRANSACTIONS: Line of Credit (Details) - J.H. Brech, LLC - USD ($)	9 Months Ended
	Sep. 30, 2016	Dec. 31, 2015
Line of Credit Facility, Initiation Date	Jun. 19, 2011
Line of Credit Facility, Description	Company entered into a revolving line of credit with J.H. Brech, LLC (“Brech”); a related party
Accrued interest and other liabilities	$ 62,681	$ 45,629
Line of Credit Facility, Fair Value of Amount Outstanding	$ 314,195	$ 597,754

NOTE 2. RELATED PARTY TRANSAC29

NOTE 2. RELATED PARTY TRANSACTIONS: Cicerone Consulting Agreement (Details)	Sep. 30, 2016USD ($)
Cicerone Corporate Development, LLC ('Cicerone')
Accounts payable - related parties	$ 29,946

NOTE 2. RELATED PARTY TRANSAC30

NOTE 2. RELATED PARTY TRANSACTIONS: Payable to the Chief Executive Officer and President (Details) - Chief Executive Officer and President - USD ($)	9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015
Related Party Transaction, Date	Feb. 3, 2014
Related Party Transaction, Description of Transaction	Darren Dunckel paid certain legal, accounting and other invoices on behalf of the Company aggregating $33,837
Related Party Costs	$ 49,000	$ 63,000

NOTE 2. RELATED PARTY TRANSAC31

NOTE 2. RELATED PARTY TRANSACTIONS: Payable to former President and Chairman of the Board (Details)	Sep. 30, 2016USD ($)
Former President and Chairman of the Board
Accounts payable - related parties	$ 86,000

NOTE 2. RELATED PARTY TRANSAC32

NOTE 2. RELATED PARTY TRANSACTIONS: Payable to shareholder (Details) - PT Platinum - USD ($)	9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Dec. 31, 2015
Accounts payable - related parties	$ 76,876		$ 76,876
Related Party Costs	$ 0	$ 83,175

NOTE 3. NOTES PAYABLE (Details)

NOTE 3. NOTES PAYABLE (Details) - USD ($)	Sep. 30, 2016	Dec. 31, 2015
Details
Notes payable	$ 521,000	$ 521,000

NOTE 5. CAPITAL STOCK_ Capital

NOTE 5. CAPITAL STOCK: Capital Stock (Details)	9 Months Ended
	Sep. 30, 2016USD ($)
Details
Stock Granted, Value, Share-based Compensation, Net of Forfeitures	$ 178,581

NOTE 5. CAPITAL STOCK_ 2010 Sto

NOTE 5. CAPITAL STOCK: 2010 Stock Option and Award Incentive Plan (Details) - Stock Option and Award Transaction 1	9 Months Ended
	Sep. 30, 2016
Sale of Stock, Transaction Date	Jun. 29, 2010
Sale of Stock, Description of Transaction	Company’s shareholders approved the adoption of the Company’s 2010 Stock Option and Award Incentive Plan

NOTE 5. CAPITAL STOCK_ Schedu36

NOTE 5. CAPITAL STOCK: Schedule of Stock Option Activity (Details) - USD ($)	Sep. 30, 2016	Dec. 31, 2015	Sep. 30, 2016
Details
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Number, Beginning Balance			2,300,000
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Exercise Price, Beginning Balance			$ 0.46
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Remaining Contractual Term	1 year 8 months 8 days	2 years 3 months 22 days
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Intrinsic Value			$ 0
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross			0
Share-based Compensation Arrangements by Share-based Payment Award, Options, Grants in Period, Weighted Average Exercise Price			$ 0
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Number, Ending Balance	2,300,000	2,300,000	2,300,000
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Exercise Price, Ending Balance	$ 0.46	$ 0.46	$ 0.46
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Intrinsic Value	$ 180,000	$ 0	$ 180,000
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercisable, Number	950,994		950,994
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercisable, Weighted Average Exercise Price	$ 0.58		$ 0.58
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercisable, Weighted Average Remaining Contractual Term	1 year 8 months 12 days
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercisable, Intrinsic Value	$ 427,500		$ 427,500

Fair Value, Option_ Valuation37

Fair Value, Option: Valuation of marketable securities (Details) - USD ($)	Sep. 30, 2016	Dec. 31, 2015
Fair Value, Inputs, Level 1
Marketable securities	$ 0
Fair Value, Inputs, Level 2
Marketable securities	3,875
Marketable securities	$ 3,875	$ 14,351

NOTE 7. SUBSEQUENT EVENTS (Deta

NOTE 7. SUBSEQUENT EVENTS (Details)	9 Months Ended
	Sep. 30, 2016USD ($)shares
Event 1
Subsequent Event, Date	Oct. 1, 2016
Subsequent Event, Description	Mr. Thomas E. Lindholm was named Executive Director and Interim CEO
Event 2
Subsequent Event, Date	Aug. 19, 2016
Subsequent Event, Description	Mr. Darren Dunkel was terminated as President and Chief Executive Officer
Stock Issued During Period, Shares, New Issues	377,247
Event 3
Subsequent Event, Date	Mar. 1, 2017
Subsequent Event, Description	PISA License Agreement was extended to September 30, 2017
Stock Issued During Period, Shares, New Issues	646,545
Event 4
Subsequent Event, Date	Sep. 18, 2018
Subsequent Event, Description	balance on the line of credit
Balance due on line of credit | $	$ 215,796
Event 5
Subsequent Event, Date	Oct. 15, 2017
Subsequent Event, Description	management sold its Radiant Oil and Gas, Inc. common shares in a private sale
Stock Issued During Period, Value, New Issues | $	$ 9,000
Event 6
Subsequent Event, Date	Jun. 27, 2018
Subsequent Event, Description	Company named Mr. Richard M. Nummi, Director and Chairman of the Executive Compensation Committee
Stock Issued During Period, Shares, New Issues	50,000
Event 7
Subsequent Event, Date	Sep. 12, 2018
Subsequent Event, Description	Company issued 1,185,000 shares of common stock for $237,000.
Stock Issued During Period, Shares, New Issues	1,185,000
Stock Issued During Period, Value, New Issues | $	$ 237,000