INTREorg SYSTEMS (IORG) 10-K 25 Sep 18 2016 FY Annual report Financial data

Document and Entity Information

Document and Entity Information - USD ($)	Sep. 15, 2018	Dec. 31, 2016	Jun. 30, 2016
Details
Registrant Name		INTREorg SYSTEMS INC.
Registrant CIK		1,295,560
SEC Form		10-K
Period End date		Dec. 31, 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
Public Float			$ 0
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		FY
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
City Area Code		713
Local Phone Number		316-0061
Entity Listing, Par Value Per Share	$ 0

Balance Sheets

Balance Sheets - USD ($)	Dec. 31, 2016	Dec. 31, 2015
Current Assets:
Cash	$ 0	$ 0
Marketable securities	9,000	14,351
Total Current Assets	9,000	14,351
TOTAL ASSETS	9,000	14,351
Current Liabilities
Accounts payable	514,017	511,248
Accounts payable and accrued interest - related parties	510,653	425,944
Accrued interest and other liabilities	743,885	607,550
Accrued compensation	453,290	453,290
Notes payable	521,000	521,000
Revolving line of credit - related party	314,826	597,754
Total Current Liabilities	3,057,671	3,116,786
Stockholders' Deficit
Preferred Stock, Value	0	0
Common Stock, Value	2,848,845	2,441,345
Additional paid in capital	354,124	290,077
Accumulated other comprehensive income	0	(38,085)
Accumulated deficit	(6,251,640)	(5,795,772)
Total stockholders' deficit	(3,048,671)	(3,102,435)
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT	$ 9,000	$ 14,351

Balance Sheets - Parenthetical

Balance Sheets - Parenthetical - $ / shares	Dec. 31, 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	16,114,260	15,067,807
Common Stock, Shares, Outstanding	16,114,260	15,067,807

Statements of Operations

Statements of Operations - USD ($)	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Revenues
Services revenues-related party	$ 0	$ 52,436
Total revenues	0	52,436
Operating expenses
Consulting Fees - related party	117,000	67,700
General and administrative expenses	231,547	869,117
Impairment of marketable securities	43,436	0
Total operating expenses	391,983	936,817
Other expense
Interest Expense	42,335	42,335
Interest expense- related party	21,550	51,473
Total other expense	63,885	93,808
Net loss	$ (455,868)	$ (978,189)
Net loss per share of common stock	$ (0.03)	$ (0.07)
Weighted average number of common shares outstanding	15,834,213	14,149,500

Statements of Comprehensive Los

Statements of Comprehensive Loss - USD ($)	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Details
Net loss	$ (455,868)	$ (978,189)
Other comprehensive income (loss)
Unrealized gain (loss) on marketable securities classified as available for sale	0	(38,085)
Total other comprehensive loss	0	(38,085)
Total comprehensive loss	$ (455,868)	$ (1,016,274)

Statements of Stockholders' Def

Statements of Stockholders' Deficit - USD ($)	Common Stock	Preferred Stock	Additional Paid-in Capital	Accumulated other Comprehensive Loss $	Accumulated Deficit $	Total
Equity Balance, Starting at Dec. 31, 2014	$ 1,881,944	$ 0	$ 254,744	$ 0	$ (4,817,583)	$ (2,680,895)
Shares Outstanding, Starting at Dec. 31, 2014	13,114,872	0
Change in value of marketable securities	$ 0	$ 0	0	(38,085)	0	(38,085)
Options issued for Director fees	$ 0	$ 0	35,333	0	0	35,333
Options issued for Director fees (shares)	0	0
Common stock issued for consulting services	$ 55,200	$ 0	0	0	0	55,200
Common stock issued for consulting services (shares)	240,000	0
Common stock issued for settlement of liabilities	$ 85,000	$ 0	0	0	0	85,000
Common stock issued for settlement of liabilities (shares)	250,000	0
Cancellation of common stock issued for investor relations	$ 265,826	$ 0	0	0	0	265,826
Cancellation of common stock issued for investor relations, shares	864,935	0
Common Stock issued for web design	$ 20,875	$ 0	0	0	0	20,875
Common Stock issued for web design (shares)	68,000	0
Common Stock issued for revolver	$ 132,500	$ 0	0	0	0	132,500
Common Stock issued for revolver (shares)	530,000	0
Net Income (Loss)	$ 0	$ 0	0	0	(978,189)	978,189
Shares Outstanding, Ending at Dec. 31, 2015	15,067,807	0
Equity Balance, Ending at Dec. 31, 2015	$ 2,441,345		290,077	(38,085)	(5,795,772)	(3,102,435)
Options issued for Director fees	$ 0	$ 0	64,047	0	0	64,047
Options issued for Director fees (shares)	0	0
Common stock issued for consulting services	$ 117,000	$ 0	0	0	0	117,000
Common stock issued for consulting services (shares)	240,000	0
Cancellation of common stock issued for investor relations	$ 0	$ 0	0	0	0	$ 0
Cancellation of common stock issued for investor relations, shares	(355,547)	0				(355,547)
Common Stock issued for revolver	$ 290,500	$ 0	0	0	0	$ 290,500
Common Stock issued for revolver (shares)	1,162,000	0				1,162,000
Change in value of marketable securities	$ 0	$ 0	0	(10,476)	0	$ (10,476)
Permanent impairment of marketable securities	0	0	0	48,561	0	48,561
Net Income (Loss)	$ 0	$ 0	0	0	(455,868)	(455,868)
Shares Outstanding, Ending at Dec. 31, 2016	16,114,260	0
Equity Balance, Ending at Dec. 31, 2016	$ 2,848,845	$ 0	$ 354,124	$ 0	$ (6,289,725)	$ (3,048,671)

Statements of Cash Flows

Statements of Cash Flows - USD ($)	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Cash Flows from Operating Activities
Net Loss	$ (455,868)	$ (978,189)
Adjustments to reconcile net loss to net cash used by operating activities:
Common stock and options issued for services	181,047	377,234
Amortization and depreciation	0	12,500
Marketable securities received for services rendered	0	(52,436)
Loss on settlement of accounts payable	0	32,587
Impairment of marketable securities	43,436	0
Changes in operating assets and liabilities
Increase in accounts payables	2,769	67,583
Increase in accounts payable related party	84,709	227,204
Increase in accrued liabilities and other	136,335	139,530
Net Cash Flows Used by Operating Activities	(7,572)	(173,987)
Net Cash Flows Provided (Used) by Investing Activities	0	0
Cash Flows from Financing Activities
Proceeds from related party revolving line of credit	7,572	173,987
Net Cash Flows Provided by Financing Activities	7,572	173,987
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 accounts payable, debt and accrued interest	$ 290,500	$ 0

NOTE 1. ORGANIZATION, BASIS OF

NOTE 1. ORGANIZATION, BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	12 Months Ended
	Dec. 31, 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 $3,048,671 at December 31, 2016. At December 31, 2016, the Company had an accumulated deficit of $6,251,640. 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. Summary of Significant Accounting Policies Cash and Cash Equivalents The Company considers all highly-liquid debt instruments, with an original maturity of three months, to be cash equivalents. Use of Estimates The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the reporting period. Actual results could differ from those estimates. Income Taxes The Company accounts for income taxes under FASB Codification Topic 740-10-25 (“ASC 740-10-25”). Under ASC 740-10-25, deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. Under ASC 740-10-25, the effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period that includes the enactment date. Net Loss Per Share Net loss per share is based on the weighted average number of common shares outstanding during the period. This number has not been adjusted for outstanding options since the average would be anti-dilutive. Property and Equipment Property and equipment are stated at cost, less accumulated depreciation. Depreciation is provided for using the straight-line method over the useful life of the assets. Long-Lived Assets Impairment losses are recorded on long-lived assets used in operations when indicators of impairment are present and undiscounted cash flows estimated to be generated by those assets are less than assets’ carrying amount. Amortization The Company is amortizing its license agreement over its three-year estimated useful life beginning in January 2013, the date placed in service. Revenue Recognition During the one-year period ended December 31, 2015, we recognized services revenues from one customer that subscribed to our Stock Transfer Analytics Consulting and Financial Reporting Consulting services. 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 the 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 December 31, 2016, the Company had 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. The Company determined that the loss on the marketable securities as of December 31, 2016 was permanent and wrote the investment down to market value based on the subsequent sale price and recognized the loss in the Statement of Operations for the year ended December 31, 2016 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 2. RELATED PARTY TRANSACTI

NOTE 2. RELATED PARTY TRANSACTIONS	12 Months Ended
	Dec. 31, 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 $117,000 and $67,700 for the years ending December 31, 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 to the Line of Credit to provide that the conversion price shall be revised from $1.00 per share to $0.25 per share. 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 December 31, 2016 and 2015 totaled $ 64,083 and $45,629, respectively. Interest expense related to the Line of Credit was $21,550 and $51,473 for the years ended December 31, 2016 and 2015, respectively. As of December 31, 2016, and December 31, 2015, the Company owed Brech $314,826 and $597,754, respectively for amounts advanced to the Company for working capital expenses. The maturity date on the Line of Credit was not amended. The balance is past due and is classified as a current liability as of December 31, 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 December 31, 2016 and 2015, Cicerone Corporate Development, LLC ("Cicerone") is owed $29,946 for reimbursable expenses on behalf of the Company, under the terms of the Company's 2011 consulting agreement with Cicerone, which was terminated in 2011. Board Compensation On October 1, 2016, the Company granted Thomas Lindholm, a member of the board of directors, options to purchase 500,000 shares of the Company’s common stock at $.20 per share. 25% of the options vest each quarter until fully vested at the one-year anniversary of the day of grant. The options expire on September 30, 2019 and had an estimated grant date fair value of $155,550, which is recognized in expense over the three-year vesting period. On October 1, 2015, the Company granted Michael Farmer and Regie Green, members of the board of directors, options to purchase 600,000 shares of the Company’s common stock at $.15 per share and options to purchase 400,000 shares of the Company’s common stock at $.05 per share. 25% of the options vest each quarter until fully vested at the one-year anniversary of the day of grant. The options expire on September 30, 2018 and had an estimated grant date fair value of $37,806, which is recognized in expense over the three-year vesting period. On May 1, 2014, the Company granted Michael Farmer, a member of the board of directors, options to purchase 200,000 shares of the Company's common stock at $3.00 per share and options to purchase 100,000 shares of the Company's common stock at $1.00 per share. 25% of the options vest at the one-year anniversary of the day of grant and 2.0833% each month thereafter. The options expire on May 1, 2017 and had an estimated grant date fair value of $105,997, which is recognized in expense over the three-year vesting period. The Company used the Black Scholes option model to value the option awards. During the years ended December 31, 2016 and 2015, the Company recognized an expense of $64,047 and $35,333, respectively, relating to these awards. On October 1, 2013, the Company entered into a consulting agreement with its Chief Executive Officer and President, Darren Dunckel. Pursuant to the consulting agreement, Mr. Dunckel is entitled to $7,000 per month and 25% of the revenue generated by his gross sales of our products and services; additionally, the Company shall reimburse him for all pre-approved and reasonable expenses Mr. Dunckel incurs while carrying out his consulting duties. The consulting agreement shall continue in place and Mr. Dunckel shall remain entitled to the same compensation until such time as the Company enters into a new agreement with him as President. 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 $33,512. 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 years ended December 31, 2016 and 2015, the Company expensed $79,000 and $84,000, respectively in consulting fees to Mr. Dunckel. Payable to former President and Chairman of the Board As of December 31, 2016, and 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 December 31, 2016 and 2015 the Company had $76,876 accrued for accounting services from a shareholder, PT Platinum. This amount is included in accounts payable-related parties. During the years ended December 31, 2016 and 2015, the Company expensed $0 and $58,073, respectively in fees to PT Platinum.

NOTE 3. NOTES PAYABLE

NOTE 3. NOTES PAYABLE	12 Months Ended
	Dec. 31, 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 December 31, 2016 and December 31, 2015 amounted to approximately $423,120 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	12 Months Ended
	Dec. 31, 2016
Notes
NOTE 4. COMMITMENTS AND CONTINGENCIES	NOTE 4. COMMITMENTS AND CONTINGENCIES. At December 31, 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 December 31, 2016 or since, through the date of these financial statements.

NOTE 5. CAPITAL STOCK

NOTE 5. CAPITAL STOCK	12 Months Ended
	Dec. 31, 2016
Notes
NOTE 5. CAPITAL STOCK	NOTE 5. CAPITAL STOCK. During 2016, PISA earned an aggregate of 240,000 shares related to the monthly compensation, valued at $117,000, the fair market value on the date of issuance. As of December 31, 2016, a total of 240,000 of these shares authorized, but not issued, are shown as outstanding as the issuance of such shares is deemed as a ministerial act. During the year ended December 31, 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 year ended December 31, 2016 the Company issued 1,162,000 shares of common stock valued at $290,500 to pay off a portion of the revolver LOC. 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. Pursuant to the Software Development and Ongoing Maintenance Agreement (the “Software Development Agreement”) we entered into with Central Coast Technology Associates ("Central Coast") on June 13, 2013, we issued Central Coast options to purchase up to 1,000,000 shares of our common stock at an exercise price of $0.25 per share. The options vest in stages based on completion of work pursuant to the Software Development Agreement and also contain provisions for cashless exercise. If Central Coast fails to fully complete such services, we have the right to purchase such options for $1,000 and terminate the Software Development Agreement; provided however, that if Central Coast fails to complete only part of such services, we can purchase up to 50% of the options for $500. As of September 30, 2015, none of the options have vested. On May 1, 2014, the Company granted Michael Farmer, a member of the board of directors, options to purchase 200,000 shares of the Company’s common stock at $3.00 per share and options to purchase 100,000 shares of the Company’s common stock at $1.00 per share. 25% of the options vest at the one-year anniversary of the day of grant and 2.0833% each month thereafter. The options expire on May 1, 2017 and had an estimated grant date fair value of $105,997, which is recognized in expense over the three-year vesting period. The Company used the Black Scholes option model to value the option awards. On October 1, 2015, the Company granted Michael Farmer and Redgie Green, members of the board of directors, options to purchase 600,000 shares of the Company’s common stock at $.15 per share and options to purchase 400,000 shares of the Company’s common stock at $.05 per share. 25% of the options vest each quarter until fully vested at the one-year anniversary of the day of grant. The options expire on September 30, 2018 and had an estimated grant date fair value of $37,806, which is recognized in expense over the three-year vesting period. The Company used the Black Scholes option model to value the option awards with the following assumptions: volatility – 243%; term – 3 years and discount rate - .92%. On October 1, 2016, the Company granted Thomas Lindholm, a member of the board of directors, options to purchase 500,000 shares of the Company’s common stock at $.20 per share. 25% of the options vest each quarter until fully vested at the one-year anniversary of the day of grant. The options expire on September 30, 2019 and had an estimated grant date fair value of $155,550, which is recognized in expense over the three-year vesting period. The Company used the Black Scholes option model to value the option awards with the following assumptions: volatility – 242%; term – 3 years and discount rate - .92%. Stock option expense of $64,047 and $35,333 was recorded during the years ended December 31, 2016 and 2015, respectively. As of December 31, 2016, there was $176,418 of unrecognized stock option expense that will be recognized over the next 2.5 years. A summary of option activity for the years ended December 31, 2016 and 2015 are presented below: Options Number of Options Weighted Average Exercise Price Weighted Average Remaining Contractual Term (in years) Aggregate Intrinsic Value Balance December 31, 2014 1,300,000 0.73 3.20 - Granted 1,000,000 .11 1.75 - Exercised - - - - Expired - - - - Balance December 31, 2015 2,300,000 0.46 2.31 400,000 Granted 500,000 .20 2.75 Balance December 31, 2016 2,800,000 .41 1.67 70,000 Options exercisable at December 31, 2016 1,469,744 .46 1.71 70,000

NOTE 6. INCOME TAXES

NOTE 6. INCOME TAXES	12 Months Ended
	Dec. 31, 2016
Notes
NOTE 6. INCOME TAXES	NOTE 6. INCOME TAXES. The deferred tax asset as of December 31, 2016 and 2015 was approximately $1,102,000 and $947,000, respectively, offset by valuation allowances of the same amount resulting in a deferred tax asset of December 31, 2016 and 2015 of $0. There is no income tax provision for either year due to the change in valuation allowance. The difference between the effective rate and the statutory rate is the result of the change in the valuation allowance. At December 31, 2016 the Company had an unused net operating loss carry over approximating $3,243,000 that is potentially available to offset future taxable income, it expires beginning 2026. The Company has not filed its Federal tax returns for 2009-2016 and could be subject to penalty for its delinquency. Additionally, the availability of its net operating loss may be subject to adjustment.

NOTE 7. SUBSEQUENT EVENTS

NOTE 7. SUBSEQUENT EVENTS	12 Months Ended
	Dec. 31, 2016
Notes
NOTE 7. SUBSEQUENT EVENTS	NOTE 7. SUBSEQUENT EVENTS Board of Directors: 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 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 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 586,545 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 4, 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 O15

NOTE 1. ORGANIZATION, BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES: Organization (Policies)	12 Months Ended
	Dec. 31, 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 O16

NOTE 1. ORGANIZATION, BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES: Reclassifications (Policies)	12 Months Ended
	Dec. 31, 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 O17

NOTE 1. ORGANIZATION, BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES: Going Concern (Policies)	12 Months Ended
	Dec. 31, 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 $3,048,671 at December 31, 2016. At December 31, 2016, the Company had an accumulated deficit of $6,251,640. 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 O18

NOTE 1. ORGANIZATION, BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES: Cash and Cash Equivalents (Policies)	12 Months Ended
	Dec. 31, 2016
Policies
Cash and Cash Equivalents	Cash and Cash Equivalents The Company considers all highly-liquid debt instruments, with an original maturity of three months, to be cash equivalents.

NOTE 1. ORGANIZATION, BASIS O19

NOTE 1. ORGANIZATION, BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES: Use of Estimates (Policies)	12 Months Ended
	Dec. 31, 2016
Policies
Use of Estimates	Use of Estimates The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the reporting period. Actual results could differ from those estimates.

NOTE 1. ORGANIZATION, BASIS O20

NOTE 1. ORGANIZATION, BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES: Income Taxes (Policies)	12 Months Ended
	Dec. 31, 2016
Policies
Income Taxes	Income Taxes The Company accounts for income taxes under FASB Codification Topic 740-10-25 (“ASC 740-10-25”). Under ASC 740-10-25, deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. Under ASC 740-10-25, the effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period that includes the enactment date.

NOTE 1. ORGANIZATION, BASIS O21

NOTE 1. ORGANIZATION, BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES: Net Loss Per Share (Policies)	12 Months Ended
	Dec. 31, 2016
Policies
Net Loss Per Share	Net Loss Per Share Net loss per share is based on the weighted average number of common shares outstanding during the period. This number has not been adjusted for outstanding options since the average would be anti-dilutive.

NOTE 1. ORGANIZATION, BASIS O22

NOTE 1. ORGANIZATION, BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES: Property and Equipment (Policies)	12 Months Ended
	Dec. 31, 2016
Policies
Property and Equipment	Property and Equipment Property and equipment are stated at cost, less accumulated depreciation. Depreciation is provided for using the straight-line method over the useful life of the assets.

NOTE 1. ORGANIZATION, BASIS O23

NOTE 1. ORGANIZATION, BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES: Long-Lived Assets (Policies)	12 Months Ended
	Dec. 31, 2016
Policies
Long-Lived Assets	Long-Lived Assets Impairment losses are recorded on long-lived assets used in operations when indicators of impairment are present and undiscounted cash flows estimated to be generated by those assets are less than assets’ carrying amount.

NOTE 1. ORGANIZATION, BASIS O24

NOTE 1. ORGANIZATION, BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES: Amortization (Policies)	12 Months Ended
	Dec. 31, 2016
Policies
Amortization	Amortization The Company is amortizing its license agreement over its three-year estimated useful life beginning in January 2013, the date placed in service.

NOTE 1. ORGANIZATION, BASIS O25

NOTE 1. ORGANIZATION, BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES: Revenue Recognition (Policies)	12 Months Ended
	Dec. 31, 2016
Policies
Revenue Recognition	Revenue Recognition During the one-year period ended December 31, 2015, we recognized services revenues from one customer that subscribed to our Stock Transfer Analytics Consulting and Financial Reporting Consulting services. 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 the 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 O26

NOTE 1. ORGANIZATION, BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES: Marketable equity securities (Policies)	12 Months Ended
	Dec. 31, 2016
Policies
Marketable equity securities	Marketable equity securities As of December 31, 2016, the Company had 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. The Company determined that the loss on the marketable securities as of December 31, 2016 was permanent and wrote the investment down to market value based on the subsequent sale price and recognized the loss in the Statement of Operations for the year ended December 31, 2016

NOTE 1. ORGANIZATION, BASIS O27

NOTE 1. ORGANIZATION, BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES: Fair Value of Financial Instruments (Policies)	12 Months Ended
	Dec. 31, 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 5. CAPITAL STOCK_ Schedule

NOTE 5. CAPITAL STOCK: Schedule of Stock Option Activity (Tables)	12 Months Ended
	Dec. 31, 2016
Tables/Schedules
Schedule of Stock Option Activity	Options Number of Options Weighted Average Exercise Price Weighted Average Remaining Contractual Term (in years) Aggregate Intrinsic Value Balance December 31, 2014 1,300,000 0.73 3.20 - Granted 1,000,000 .11 1.75 - Exercised - - - - Expired - - - - Balance December 31, 2015 2,300,000 0.46 2.31 400,000 Granted 500,000 .20 2.75 Balance December 31, 2016 2,800,000 .41 1.67 70,000 Options exercisable at December 31, 2016 1,469,744 .46 1.71 70,000

NOTE 1. ORGANIZATION, BASIS O29

NOTE 1. ORGANIZATION, BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES: Organization (Details)	12 Months Ended
	Dec. 31, 2016
Details
Entity Incorporation, State Country Name	Texas
Entity Incorporation, Date of Incorporation	Nov. 3, 2003

NOTE 1. ORGANIZATION, BASIS O30

NOTE 1. ORGANIZATION, BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES: Going Concern (Details) - USD ($)	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Details
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	$ (3,048,671)	$ (3,102,435)	$ (2,680,895)
Accumulated deficit	$ (6,251,640)	$ (5,795,772)

NOTE 2. RELATED PARTY TRANSAC31

NOTE 2. RELATED PARTY TRANSACTIONS: Licensing Agreement (Details) - Public Issuer Stock Analytics, LLC (PISA) - USD ($)	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Related Party Transaction, Date	Oct. 30, 2012
Related Party Transaction, Description of Transaction	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	$ 117,000	$ 67,700

NOTE 2. RELATED PARTY TRANSAC32

NOTE 2. RELATED PARTY TRANSACTIONS: Line of Credit (Details) - J.H. Brech, LLC - USD ($)	12 Months Ended
	Dec. 31, 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
Line of Credit Facility, Interest Rate During Period	8.00%
Line of Credit Facility, Maximum Borrowing Capacity	$ 500,000
Cash paid for interest	21,550	$ 51,473
Line of Credit Facility, Fair Value of Amount Outstanding	$ 314,826	$ 597,754

NOTE 2. RELATED PARTY TRANSAC33

NOTE 2. RELATED PARTY TRANSACTIONS: Cicerone Consulting Agreement (Details)	Dec. 31, 2016USD ($)
Cicerone Corporate Development, LLC ('Cicerone')
Due to Related Parties, Current	$ 29,946

NOTE 2. RELATED PARTY TRANSAC34

NOTE 2. RELATED PARTY TRANSACTIONS: Board Compensation (Details)	12 Months Ended
	Dec. 31, 2016
Board Compensation Transaction 1
Related Party Transaction, Date	May 1, 2014
Related Party Transaction, Description of Transaction	Company granted Michael Farmer, a member of the board of directors, options to purchase 200,000 shares of the Company's common stock
Board Compensation Transaction 4
Related Party Transaction, Date	Oct. 1, 2013
Related Party Transaction, Description of Transaction	Company entered into a consulting agreement with its Chief Executive Officer and President, Darren Dunckel

NOTE 2. RELATED PARTY TRANSAC35

NOTE 2. RELATED PARTY TRANSACTIONS: Payable to the Chief Executive Officer and President (Details) - Chief Executive Officer and President - USD ($)	12 Months Ended
	Dec. 31, 2016	Dec. 31, 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 $33,512
Related Party Costs	$ 79,000	$ 84,000

NOTE 2. RELATED PARTY TRANSAC36

NOTE 2. RELATED PARTY TRANSACTIONS: Payable to former President and Chairman of the Board (Details)	Dec. 31, 2016USD ($)
Former President and Chairman of the Board
Due to Related Parties, Current	$ 86,000

NOTE 2. RELATED PARTY TRANSAC37

NOTE 2. RELATED PARTY TRANSACTIONS: Payable to shareholder (Details) - PT Platinum - USD ($)	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Due to Related Parties, Current	$ 76,876	$ 76,876
Related Party Costs	$ 0	$ 58,073

NOTE 3. NOTES PAYABLE (Details)

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

NOTE 5. CAPITAL STOCK_ Capital

NOTE 5. CAPITAL STOCK: Capital Stock (Details) - Capital Stock Transaction 1	12 Months Ended
	Dec. 31, 2016
Sale of Stock, Description of Transaction	PISA earned an aggregate of 240,000 shares related to the monthly compensation
Minimum
Sale of Stock, Transaction Date	Jan. 1, 2016
Maximum
Sale of Stock, Transaction Date	Dec. 31, 2016

NOTE 5. CAPITAL STOCK_ 2010 Sto

NOTE 5. CAPITAL STOCK: 2010 Stock Option and Award Incentive Plan (Details) - USD ($)	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Stock Option and Award Transaction 1
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
Stock Option and Award Transaction 2
Sale of Stock, Transaction Date	Jun. 13, 2013
Sale of Stock, Description of Transaction	we issued Central Coast options to purchase up to 1,000,000 shares of our common stock
Stock Option and Award Transaction 3
Sale of Stock, Transaction Date	May 1, 2014
Sale of Stock, Description of Transaction	Company granted Michael Farmer, a member of the board of directors, options to purchase 200,000 shares of the Company’s common stock
Stock Option and Award Transaction 4
Sale of Stock, Transaction Date	Oct. 1, 2015
Sale of Stock, Description of Transaction	Company granted Michael Farmer and Redgie Green, members of the board of directors, options to purchase 600,000 shares of the Company’s common stock
Stock Option and Award Transaction 5
Sale of Stock, Transaction Date	Oct. 1, 2016
Sale of Stock, Description of Transaction	Company granted Thomas Lindholm, a member of the board of directors, options to purchase 500,000 shares of the Company’s common
Stock Option and Award Transaction 6
Stock or Unit Option Plan Expense	$ 64,047	$ 35,333

NOTE 5. CAPITAL STOCK_ Schedu41

NOTE 5. CAPITAL STOCK: Schedule of Stock Option Activity (Details) - USD ($)	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2016	Dec. 31, 2015
Details
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Number, Beginning Balance				2,300,000	1,300,000
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Exercise Price, Beginning Balance				$ 0.46	$ 0.73
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Remaining Contractual Term	1 year 8 months 1 day	2 years 3 months 22 days	3 years 2 months 12 days
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Intrinsic Value				$ 400,000	$ 0
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross				500,000	1,000,000
Share-based Compensation Arrangements by Share-based Payment Award, Options, Grants in Period, Weighted Average Exercise Price				$ 0.20	$ 0.11
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercises in Period					0
Share-based Compensation Arrangements by Share-based Payment Award, Options, Exercises in Period, Weighted Average Exercise Price					$ 0
Share-based Compensation Arrangement by Share-based Payment Award, Options, Expirations in Period					0
Share-based Compensation Arrangements by Share-based Payment Award, Options, Expirations in Period, Weighted Average Exercise Price					$ 0
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Number, Ending Balance	2,800,000	2,300,000	1,300,000	2,800,000	2,300,000
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Exercise Price, Ending Balance	$ 0.41	$ 0.46	$ 0.73	$ 0.41	$ 0.46
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Intrinsic Value	$ 70,000	$ 400,000	$ 0	$ 70,000	$ 400,000
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercisable, Number	1,469,744			1,469,744
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercisable, Weighted Average Exercise Price	$ 0.46			$ 0.46
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercisable, Weighted Average Remaining Contractual Term	1 year 8 months 16 days
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercisable, Intrinsic Value	$ 70,000			$ 70,000

NOTE 7. SUBSEQUENT EVENTS (Deta

NOTE 7. SUBSEQUENT EVENTS (Details)	12 Months Ended
	Dec. 31, 2016USD ($)shares
Event 1
Subsequent Event, Description	Mr. Lindholm was issued 170,000 shares of common stock
Stock Issued During Period, Shares, New Issues	170,000
Subsequent Event, Date	Dec. 13, 2017
Stock Issued During Period, Value, New Issues | $	$ 34,000
Event 2
Stock Issued During Period, Shares, New Issues	50,000
Event 3
Subsequent Event, Description	Mr. Michael Farmer resigned as Director
Subsequent Event, Date	Jan. 27, 2017
Event 4
Subsequent Event, Description	Mr. Farmer exercised his stock option and requested past director fees be converted into common stock, the Company Executive Director denied the request
Subsequent Event, Date	Mar. 31, 2017
Event 5
Subsequent Event, Description	Mr. Redgie Green resigned
Subsequent Event, Date	Oct. 11, 2017
Event 6
Subsequent Event, Description	Mr. John Devlin Jr. was named Director and died on March 8, 2018
Stock Issued During Period, Shares, New Issues	50,000
Subsequent Event, Date	Oct. 16, 2017
Event 7
Subsequent Event, Description	Mr. Robert Flynn was appointed to the Board as Director, Secretary and Treasurer
Stock Issued During Period, Shares, New Issues	50,000
Subsequent Event, Date	Mar. 13, 2018
Event 8
Subsequent Event, Description	Mr. David Beach was named President and Chief Executive Officer and subsequently resigned on June 29, 2017
Subsequent Event, Date	Apr. 20, 2017
Event 9
Subsequent Event, Description	Mr. Robert Flynn was named Vice President / General Counsel
Stock Issued During Period, Shares, New Issues	377,247
Subsequent Event, Date	Mar. 13, 2018
Event 10
Subsequent Event, Description	PISA License Agreement was extended to September 30, 2017
Subsequent Event, Date	Mar. 1, 2017
Event 11
Stock Issued During Period, Shares, New Issues	586,545
Event 12
Subsequent Event, Description	management sold its Radiant Oil and Gas, Inc. common shares in a private sale
Subsequent Event, Date	Oct. 15, 2017
Event 13
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
Subsequent Event, Date	Jun. 27, 2018
Event 14
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
Subsequent Event, Date	Sep. 12, 2018
Stock Issued During Period, Value, New Issues | $	$ 237,000