Greenway (GWTI) 10-Q 19 Nov 18 2018 Q3 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	3 Months Ended
	Sep. 30, 2018	Nov. 19, 2018
Document And Entity Information
Entity Registrant Name	GREENWAY TECHNOLOGIES INC
Entity Central Index Key	1,572,386
Document Type	10-Q
Document Period End Date	Sep. 30, 2018
Amendment Flag	false
Current Fiscal Year End Date	--06-30
Is Entity a Well-known Seasoned Issuer?	No
Is Entity a Voluntary Filer?	No
Is Entity's Reporting Status Current?	No
Entity Filer Category	Smaller Reporting Company
Entity Common Stock, Shares Outstanding		286,703,915
Document Fiscal Period Focus	Q3
Document Fiscal Year Focus	2,018

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets (Unaudited) - USD ($)	Sep. 30, 2018	Dec. 31, 2017
Current Assets
Cash	$ 39,248	$ 91,518
Prepaid expense		157,500
Total Current Assets	39,248	249,018
Fixed assets
Property & equipment	4,015	4,015
Less depreciation	4,015	4,015
Total Fixed Assets	0	0
Other Assets	19,000	20,000
Total Assets	58,248	269,018
Current Liabilities
Accounts payable	285,503	140,039
Stockholder advances	130,538	1,500
Accrued management fees	1,626,602	1,666,602
Notes payable (related parties)	200,000	153,841
Accrued expenses	588,378	778,760
Convertible portion of convertible note payable, net of discount of $52958 and $81,833	257,709	150,834
Derivative liability - warrants	87,556	105,643
Total Current Liabilities	3,176,286	2,997,219
Long term convertible note payable, less current portion		84,000
Total Liabilities	3,176,286	3,081,219
Stockholders' Deficit
Common stock	0	0
Additional paid-in capital	21,989,916	20,782,630
Accumulated deficit	(25,136,606)	(23,623,602)
Total Stockholders' Deficit	(3,180,038)	(2,812,201)
Total Liabilities & Stockholders' Deficit	58,248	269,018
Class B Common Stock
Stockholders' Deficit
Common stock	0	0
Class A Common Stock
Stockholders' Deficit
Common stock	$ 28,652	$ 28,771

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Unaudited) (Parenthetical) - USD ($)	Sep. 30, 2018	Dec. 31, 2017
Discount on Convertible note	$ 52,958	$ 81,833
Class B Common Stock
Common stock, par value	$ .0001	$ 0.0001
Common stock, shares authorized	20,000,000	20,000,000
Common stock, shares issued	0	0
Common stock, shares outstanding	0	0
Class A Common Stock
Common stock, par value	$ 0.0001	$ 0.0001
Common stock, shares authorized	300,000,000	300,000,000
Common stock, shares issued	286,703,915	286,703,915
Common stock, shares outstanding	287,681,826	287,681,826

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations (Unaudited) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Income Statement [Abstract]
Sales	$ 0	$ 0
Expenses
General and administrative	219,574	1,089,635	1,031,381	7,046,787
Research and development	(135,000)	183,512	75,000	521,444
Depreciation	0	298		297
Total Expense	84,574	1,273,246	1,647,664	7,568,528
Operating loss	(84,574)	(1,273,246)	(1,647,664)	(7,568,528)
Other income (expenses)
Gain (loss) on change in fair value of derivative	(56,168)	(26,329)	(18,581)	(15,933)
Interest (expense) income	5,476	(120)	(28,760)	9,285
Gain on settlement of research and development agreement	210,000	0	210,000
Settlement expense - loan agreement			(208,000)
Warrant conversion gain	0	0	180,000
Total other income (expense)	159,308	(26,449)	134,659	(6,648)
Loss before income taxes	(135,266)	(1,299,695)	(1,513,005)	(7,575,176)
Provision for income taxes	0	0
Net loss	$ (1,513,005)	$ (7,575,176)	$ (1,513,005)	$ (7,575,176)
Basic and diluted net loss per shares	$ 0	$ 0	$ 0	$ (0.03)
Weighted average shares Outstanding; Basic and diluted	286,703,915	275,893,004	286,703,915	269,789,181

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)	3 Months Ended
	Sep. 30, 2018	Sep. 30, 2017
Cash Flows from Operating Activities
Net Loss from operations	$ (1,513,005)	$ (7,575,176)
Adjustments to reconcile net loss to net cash used in Operating activities:
Depreciation	0	298
Stock based compensation	0	5,320,938
(Gain) loss on derivative	(18,581)	(9)
Debt discount	28,875	0
Stockholder dispute settlement		390,300
Changes in operating assets and liabilities:
Prepaid expense	157,500	13,476
Accounts payable and accrued expenses	345,576	411,144
Accrued management fees	(40,000)	(152,500)
Gain of contract cancellation	(180,000)	(15,000)
Gain on settlement of debt
Settlement on R&D Agreement	(210,000)	0
Settlement of debt instrument through issuance of shares of common stock	208,000	(569,508)
Net Cash Used in Operating Activities	(1,221,635)	(1,615,428)
Cash Flows from Investing Activities:	0	0
Cash Flows from Financing Activities
Repayments on shareholder advances	(51,341)	(59,690)
Shareholder advances	130,038	(8,000)
Repayments on note payable	(8,500)	(120,753)
Proceeds from sale of common stock	999,168	1,961,750
Proceeds from issuance of debt instruments	100,000	0
Net Cash Provided by Financing Activities	1,377,365	1,713,799
Net (Decrease) Increase in Cash	(52,270)	98,371
Cash Beginning of Period	91,518	67,964
Cash End of Period	$ 39,248	$ 166,335
Shares returned and cancelled	8,733,164	0

1. ORGANIZATION

1. ORGANIZATION	9 Months Ended
	Sep. 30, 2018
Organization, Consolidation and Presentation of Financial Statements [Abstract]
ORGANIZATION	NOTE 1 – ORGANIZATION Nature of Operations Greenway Technologies, Inc. (“Greenway Technologies,” “GTI,” or the “Company”) was organized on March 13, 2002, under the laws of the State of Texas as Dynalyst Manufacturing Corporation. On August 18, 2009, in connection with a merger with Universal Media Corporation, a privately held Nevada company, the Company changed its name to Universal Media Corporation (“Universal Media”). The Company changed its name to UMED Holdings, Inc. on March 23, 2011, and to Greenway Technologies, Inc. on September 23, 2017. The Company’s primary mission is to operate as a holding company to provide funding for commercializing the proprietary processes and products held by its 100% owned subsidiary, Greenway Innovative Energy, Inc. (“GIE”). In September 2010, the Company acquired 1,440 acres of placer mining claims on Bureau of Land Management land in Mohave County, Arizona. See discussion in Note 3. Due to the Company not producing any revenue from its BLM mining leases since its acquisition of the leases, the Company recognized an impairment charge of $100,000 during the year ended December 31, 2014. The Company believes that this investment could be productive if sufficient resources are committed to its development. However, at this time, the Company has made the decision to commit is resources to commercialization of the Gas-To-Liquids (“GTL”) technology owned by GIE. In August 2012, the Company acquired 100% of Greenway Innovative Energy, Inc. (“GIE”) which owns patents and trade secrets for a proprietary process and related technology to convert natural gas into synthesis gas (syngas), and then to liquid fuels, also known as gas-to-liquids or “GTL” processing. In addition to its usefulness in the GTL process, syngas is an important intermediate gas used by industry in the production of ammonia, methane, liquid fuels, and other downstream products. The Company’s unique reforming process is called Fractional Thermal Oxidation™ (FTO). The Company believes it will be able to offer a new economical, relatively small scale (125 to 2,475 barrels/day) method of converting natural gas into liquid fuels that can be located in field locations where applicable to smaller scale GTL processing requirements. Commercialization of its proprietary reforming and GTL processes are the primary focus of the Company.

2. BASIS OF PRESENTATION AND GO

2. BASIS OF PRESENTATION AND GOING CONCERN UNCERTAINTIES	9 Months Ended
	Sep. 30, 2018
Organization, Consolidation and Presentation of Financial Statements [Abstract]
BASIS OF PRESENTATION AND GOING CONCERN UNCERTAINTIES	NOTE 2 - BASIS OF PRESENTATION AND GOING CONCERN UNCERTAINTIES Principles of Consolidation The accompanying condensed consolidated financial statements include the financial statements of the Company and its wholly-owned subsidiaries. All significant inter-company accounts and transactions are eliminated in consolidation. Basis of Presentation The accompanying unaudited interim condensed consolidated financial statements of the Company have been prepared in accordance with U.S. Generally Accepted Accounting Principles (“GAAP”) for interim financial information and with the instructions to Form 10-Q and Article 8 of Regulations S-X. Accordingly, they do not include all of the information and footnotes required by U.S. GAAP for complete financial statements. In the opinion of management, all adjustments (consisting of normal recurring accruals) considered necessary for a fair presentation have been included. Operating results for the periods presented are not necessarily indicative of the results that may be expected for the year ending December 31, 2018. For further information, refer to the consolidated financial statements and footnotes thereto included in the Company’s annual report on Form 10-K for the year ended December 31, 2017. The accompanying condensed consolidated financial statements include the accounts of the following entities. Name of Entity % Entity Incorporation Relationship Greenway Technologies, Inc. Corporation Texas Parent Universal Media Corporation 100 % Corporation Wyoming Subsidiary Greenway Innovative Energy, Inc. 100 % Corporation Nevada Subsidiary Logistix Technology Systems, Inc. 100 % Corporation Texas Subsidiary Going Concern Uncertainties The accompanying condensed consolidated financial statements have been prepared on a going concern basis, which contemplates realization of assets and the satisfaction of liabilities in the normal course of business. As shown in the accompanying condensed consolidated financial statements, the Company sustained a loss of approximately $.135 million for the three-month and $1.513 million for the nine-month period ended September 30, 2018 and has a working capital deficiency of approximately $3.1 million and an accumulated deficit of approximately $25.1 million at September 30, 2018. a working capital deficiency of approximately $3.0 million and an accumulated deficit of approximately $25 million at September 30, 2018. The ability of the Company to continue as a going concern is in doubt and dependent upon achieving a profitable level of operations or on the ability of the Company to obtain necessary financing to fund ongoing operations. Management believes that its current and future plans enable it to continue as a going concern for the next twelve months. With the successful test of the Company’s G-Reformer® unit and FTO process during the first quarter 2018, the Company has had discussions with a number of oil and gas companies, smaller oil and gas operators and investors regarding potential funding for a commercial scale GTL plant using the Company’s unique GTL system. A commercial GTL plant will include the Company’s proprietary G-Reformer®, a Fischer-Tropsch unit, and all necessary components to develop a fully functional GTL plant with a targeted minimum output of ~125 barrels/day of high-cetane blendstock (diesel fuel). Should an agreement be reached with any of these parties, such relationship would be anticipated to provide funding for a plant, as well as sufficient additional operating capital for the Company to independently continue operations. While there are no assurances that financing for an initial plant will be obtained on acceptable terms and in a timely manner, the failure to obtain the necessary working capital may cause the Company to move in one or more alternate directions to transition the Company’s GTL system into production. In addition, the Company is also seeking agreements and/or partnerships with other GTL system providers to use the Company’s proprietary G-Reformer® technology as part of existing, planned, or new GTL systems. There are no assurances that such agreements and partnerships will be obtained on acceptable terms and in a timely manner, and the failure to obtain the necessary working capital may cause the Company to move in one or more alternate directions to monetize its proprietary G-Reformer® technology. The accompanying condensed consolidated financial statements do not include any adjustment to the recorded assets or liabilities that might be necessary should the Company have to curtail operations or be unable to continue in existence.

3. SUMMARY OF SIGNIFICANT ACCOU

3. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	9 Months Ended
	Sep. 30, 2018
Accounting Policies [Abstract]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	NOTE 3 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES A summary of significant accounting policies applied in the presentation of the condensed consolidated financial statements are as follows. Property and Equipment Property and equipment are recorded at cost. Major additions and improvements are capitalized. The cost and related accumulated depreciation of equipment retired or sold, are removed from the accounts and any differences between the undepreciated amount and the proceeds from the sale or salvage value are recorded as a gain or loss on sale of equipment. Depreciation is computed using the straight-line method over the useful life of the assets. The Company continues to use its fully depreciated property and equipment. Impairment of Long-Lived Assets The Company assesses the impairment of long-lived assets whenever events or changes in circumstances indicate that the carrying amount may not be recoverable, in accordance with Accounting Standards Codification, ASC Topic 360, Property, Plant and Equipment Revenue Recognition The Company has not, to date, generated any revenues. Use of Estimates The preparation of financial statements in conformity with accounting principles generally accepted in the United States 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 amount of revenue and expenses during the reported period. Actual results could differ materially from the estimates. Cash and Cash Equivalents The Company considers all highly liquid investments purchased with an original maturity of three-months or less to be cash equivalents. There were no cash equivalents at September 30, 2018, or December 31, 2017. Income Taxes The Company accounts for income taxes in accordance with FASB ASC 740, “Income Taxes,” which requires that the Company recognize deferred tax liabilities and assets based on the differences between the financial statement carrying amounts and the tax bases of assets and liabilities, using enacted tax rates in effect in the years the differences are expected to reverse. Deferred income tax benefit (expense) results from the change in net deferred tax assets or deferred tax liabilities. A valuation allowance is recorded when it is more likely than not that some or all deferred tax assets will not be realized. The Company has adopted the provisions of FASB ASC 740-10-05 Accounting for Uncertainty in Income Taxes Net Loss Per Share, basic and diluted Basic loss per share has been computed by dividing net loss available to common shareholders by the weighted average number of common shares outstanding for the period. Shares issuable upon the exercise of warrants or beneficial conversion features (23,696,156) have been excluded as a common stock equivalent in the diluted loss per share because their effect would be anti-dilutive. Derivative Instruments The Company accounts for derivative instruments in accordance with Accounting Standards Codification 815, Derivatives and Hedging (“ASC 815”), If certain conditions are met, a derivative may be specifically designated as a hedge, the objective of which is to match the timing of gain or loss recognition on the hedging derivative with the recognition of (i) the changes in the fair value of the hedged asset or liability that are attributable to the hedged risk or (ii) the earnings effect of the hedged forecasted transaction. For a derivative not designated as a hedging instrument, the gain or loss is recognized in income in the period of change. See Notes 6 and 7 below for disclosures associated with the Company’s convertible notes payable and warrants. Fair Value of Financial Instruments Effective January 1, 2008, fair value measurements are determined by the Company’s adoption of authoritative guidance issued by the FASB, with the exception of the application of the statement to non-recurring, non-financial assets and liabilities, as permitted. Fair value is defined in the authoritative guidance as the price that would be received to sell an asset or paid to transfer a liability in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants at the measurement date. A fair value hierarchy was established, which prioritizes the inputs used in measuring fair value into three levels as follows: Level 1 – Valuation based on unadjusted quoted market prices in active markets for identical assets or liabilities. Level 2 – Valuation based on, observable inputs (other than level one prices), quoted market prices for similar assets such as at the measurement date; quoted prices in the market that are not active; or other inputs that are observable, either directly or indirectly. Level 3 – Valuation based on unobservable inputs that are supported by little or no market activity, therefore requiring management’s best estimate of what market participants would use as fair value. Original Issue Discount For certain convertible debt issued, the Company provides the debt holder with an original issue discount (“OID”). An OID is the difference between the original cash proceeds and the amount of the note upon maturity. The Note is originally recorded for the total amount payable. The OID is amortized into interest expense pro-rata over the term of the Note. In instances where the determination of the fair value measurement is based on inputs from different levels of the fair value hierarchy, the level in the fair value hierarchy within which the entire fair value measurement falls is based on the lowest level input that is significant to the fair value measurement in its entirety. The Company’s assessment of the significance of a particular input to the fair value measurement in its entirety requires judgment and considers factors specific to the asset or liability. The valuation of the Company’s notes recorded at fair value is determined using Level 3 inputs, which consider (i) time value, (ii) current market and (iii) contractual prices. The carrying amounts of financial assets and liabilities, such as cash and cash equivalents, receivables, accounts payable, notes payable and other payables, approximate their fair values because of the short maturity of these instruments. The following table represents the Company’s assets and liabilities by level measured at fair value on a recurring basis at September 30, 2018 and December 31, 2017: Description Level 1 Level 2 Level 3 September 30, 2018 Derivative Liabilities $ 0 $ 0 $ 87,557 December 31, 2017 Derivative Liabilities $ 0 $ 0 $ 105,643 The following assets and liabilities are measured on the balance sheets at fair value on a recurring basis utilizing significant unobservable inputs or Level 3 assumptions in their valuation. The following tables provide a reconciliation of the beginning and ending balances of the liabilities: The change in the notes payable at fair value for the nine-month period ended September 30, 2018, is as follows: Fair Value Change in New Fair Value January 1, 2018 Fair Value Convertible Notes Conversions September 30, 2018 Derivative Liabilities $ 105,643 $ 18,581 $ 0 $ 0 $ (87,557 ) All gains and losses on assets and liabilities measured at fair value on a recurring basis and classified as Level 3 within the fair value hierarchy are recognized in other interest income and expense in the accompanying condensed consolidated financial statements. Stock Based Compensation The Company follows Accounting Standards Codification subtopic 718-10, Compensation At September 30, 2018, the Company did not have any outstanding stock options. Concentration and Credit Risk Financial instruments and related items, which potentially subject the Company to concentrations of credit risk consist primarily of cash. The Company places its cash with high credit quality institutions. At times, such deposits may be in excess of the FDIC insurance limit. Research and Development The Company accounts for research and development costs in accordance with Accounting Standards Codification subtopic 730-10, Research and Development Issuance of Common Stock The issuance of common stock for other than cash is recorded by the Company at market values. Impact of New Accounting Standards Management does not believe that any other recently issued, but not yet effective accounting pronouncements, if adopted, would have a material effect on the accompanying condensed consolidated financial statements.

4. PROPERTY, PLANT, AND EQUIPME

4. PROPERTY, PLANT, AND EQUIPMENT	9 Months Ended
	Sep. 30, 2018
Property, Plant and Equipment [Abstract]
PROPERTY, PLANT, AND EQUIPMENT	NOTE 4 – PROPERTY, PLANT, AND EQUIPMENT Range of Lives September 30, 2018 December 31, 2017 Equipment 5 $ 2,032 $ 2,032 Furniture and fixtures 5 1,983 1,983 4,015 4,015 Less accumulated depreciation (4,015 ) (4,015 ) $ 0 $ 0 Depreciation expense was $0 and $99 for the three-months ended September 30, 2018 and 2017, respectively.

5. TERM NOTES PAYABLE

5. TERM NOTES PAYABLE	9 Months Ended
	Sep. 30, 2018
Debt Disclosure [Abstract]
TERM NOTES PAYABLE	NOTE 5 – TERM NOTES PAYABLE Term notes payable consisted of the following at September 30, 2018 and December 31, 2017: 2018 2017 Unsecured note payable dated March 8, 2016 to an individual at 5% interest, payable upon the Company’s availability of cash $ 0 $ 13,500 Unsecured note payable dated November 13, 2017 to a corporation at $10,000 lump sum interest at maturity on February 28, 2018. The terms are being re-negotiated with the noteholder. 100,000 100,000 Unsecured note payable dated December 28, 2017 to a corporation, due January 3, 2018 53,842 Unsecured note payable dated November 13, 2017 to a corporation at $10,000 lump sum interest at maturity on February 28, 2018. The terms are being re-negotiated with the noteholder. 100,000 100,000 Total term notes $ 200,000 $ 153,842

6. CONVERTIBLE PROMISSORY NOTES

6. CONVERTIBLE PROMISSORY NOTES 2017	9 Months Ended
	Sep. 30, 2018
Debt Disclosure [Abstract]
2017 CONVERTIBLE PROMISSORY NOTES	NOTE 6 – 2017 CONVERTIBLE PROMISSORY NOTES The Company issued a $166,667 convertible promissory note bearing interest at 4.50% per annum to an accredited investor, the first installment of $86,667 is payable on December 20, 2018 and $80,000 plus accrued interest on December 20, 2019. The holder has the right to convert the note into common stock of the Company at a conversion price of $0.08 per share for each one dollar of cash payment which may be due, (which would be 1,083,337 shares for the $86,667 payment and 1,000,000 shares for the $80,000 payment). The Company evaluated the terms of the convertible note in accordance with ASC 815-40, Contracts in Entity’s Own Equity, and concluded that the Convertible Note did not result in a derivative. The Company evaluated the terms of the convertible note and concluded that there was a beneficial conversion feature since the convertible note was convertible into shares of common stock at a discount to the market value of the common stock. As of December 31, 2017, the discount related to the beneficial conversion feature on the note was valued at $27,083 based on the $0.013 difference between the market price of $0.093 and the conversion price of $0.08 times the 2,083,325 conversion shares. As of and during the three-months ended September 30, 2018, the remaining discount was $16,927 and $3,386 of the discount was amortized. The Company issued a $150,000 convertible promissory note on January 16, 2018 bearing interest at 4.50% per annum to an accredited investor, payable in equal installments of $6,000 plus accrued interest until the principal and accrued interest are paid in full. The Company paid $6,000 on the note during the nine-months ended September 30, 2018, with the net convertible note payable now $144,000. The holder has the right to convert the note into common stock of the Company at a conversion price of equal to 70% of the prior twenty (20) days average closing market price of the Company’s common stock. The Company evaluated the terms of the convertible note in accordance with ASC 815-40, Contracts in Entity’s Own Equity, and concluded that the Convertible Note resulted in a derivative. The Company evaluated the terms of the convertible note and concluded that there was a beneficial conversion feature since the convertible note was convertible into shares of common stock at a discount to the market value of the common stock. The discount related to the beneficial conversion feature on the note was valued at $58,494 based on the difference between the fair value of the 1,578,947 convertible shares at the valuation date and the $150,000 note value. The discount related to the beneficial conversion feature is being amortized over the term of the debt. The discount related to the beneficial conversion feature on the note was valued at $150,000 based on the Black-Scholes Model

7. CONVERTIBLE PROMISSORY NOTES

7. CONVERTIBLE PROMISSORY NOTES	9 Months Ended
	Sep. 30, 2018
Debt Disclosure [Abstract]
CONVERTIBLE PROMISSORY NOTES	NOTE 7 – CONVERTIBLE PROMISSORY NOTE May 2016 Convertible Note On May 4, 2016, the Company issued a $224,000 convertible promissory note bearing interest at 10.0% per annum to an accredited investor, payable beginning November 10, 2016, in monthly installments of $44,800 plus accrued interest and a cash premium equal to 10.0% of the installment amount. The convertible promissory note was paid in full on March 4, 2017. The holder had the right under certain circumstances to convert the note into common stock of the Company at a conversion price equal to 70% of the average of the 3 lowest volume weighted average trading prices during the 20-day period ending on the latest complete trading day prior to the conversion date. The Company evaluated the terms of the convertible note in accordance with ASC 815-40, Contracts in Entity’s Own Equity, and concluded that the Convertible Note resulted in a derivative. The Company evaluated the terms of the convertible note and concluded that there was a beneficial conversion feature since the convertible note was convertible into shares of common stock at a discount to the market value of the common stock. The discount related to the beneficial conversion feature on the note was valued at $224,000 based on the Black-Scholes Model In connection with the issuance of the $224,000 note, the Company recorded debt issue cost and discount as follows: $20,000 original issue discount and $4,000 debt issue cost, which was amortized over 10 months, with amortization of $4,000 for twelve-months ended December 31, 2017. The convertible promissory note was paid in full on March 10, 2017, reducing the embedded derivative for the 2016 beneficial conversion right to zero at December 31, 2017. September 2014 Convertible Note In connection with the issuance of a $158,000 convertible promissory note in 2014 (repaid in July 2015), the Company issued warrants to purchase shares of common stock. · Warrants – recorded at fair value ($79,537) upon issuance, and marked -to-market on the balance sheet at $58,317 as of September 30, 2018 and $47,149 as of December 31, 2017, which was computed as follows: Commitment Date Expected dividends 0% Expected volatility 175.59% Expected term: conversion feature 2 years A controversy and litigation between the lender and the Company emerged regarding the number of warrants attached to the loan agreement. The parties reached a settlement whereby the Company issued 1,600,000 shares of freely-tradable stock to the lender. As a result of the settlement, all of the remaining balance sheet amounts relating to the promissory note were eliminated in the quarter ended September 30, 2018. The Company recorded Settlement Expense in the amount of $208,000 and Gain on Exchange in Fair Value of Derivative in the amount of $58,316.

8. ACCRUED EXPENSES

8. ACCRUED EXPENSES	9 Months Ended
	Sep. 30, 2018
Payables and Accruals [Abstract]
ACCRUED EXPENSES	NOTE 8 – ACCRUED EXPENSES Accrued expenses consisted of the following at September 30, 2018 and December 31, 2017: 2018 2017 Accrued consulting fees $ 249,500 $ 249,500 Accrued expense related to shareholder dispute 0 330,000 Accrued expense related to warrant exercise 0 180,000 Other accrued expenses 332,234 12,000 Accrued interest expense 6,644 7,260 Total accrued expenses $ 588,378 $ 778,760

9. CAPITAL STRUCTURE

9. CAPITAL STRUCTURE	9 Months Ended
	Sep. 30, 2018
Equity [Abstract]
CAPITAL STRUCTURE	NOTE 9– CAPITAL STRUCTURE The Company is authorized to issue 300,000,000 shares of Class A common stock with a par value of $.0001 per share and 20,000,000 shares of Class B stock with a par value of $.0001 per share. Each Class A common stock share has one voting right and the right to dividends, if and when declared by the Board of Directors. Class B common stock does not vote. Class A Common Stock At September 30, 2018, there were 286,703,915 shares of class A common stock issued and outstanding. During the three-months ended September, 2018, the Company: · In connection with the issuance of a Promissory Note to a lender, the lender was issued a Warrant entitling the lender to acquire 366,667 shares of Class A Common stock at an exercise price of $.01 (one penny) per share. The Warrant must be exercised in full within 15 years of the Note end date. Class B Stock At September 30, 2018 and 2017, there were 0 and 126,938 shares of class B stock issued and outstanding, respectively. During the year ended December 31, 2017, the Company; exchanged 630,000 shares of class A common stock for 62,986 class B shares with a shareholder who held class B shares from the 2009 merger agreement between the Company and Dynalyst Manufacturing Corporation which set a conversion rate of 15 to 1. The Company negotiated the 630,000 shares when the class B shareholder elected to convert. · Exchanged (on a one for one basis) 63,932 shares of class A common stock for 63,932 class B shares with shareholders who acquired the class B shares after the 2009 merger agreement between the Company and Dynalyst Manufacturing Corporation. Stock options, warrants and other rights At September 30, 2018, the Company has not adopted any employee stock option plans. On February 3, 2017, the Company issued 6,000,000 warrants (4,000,000 at $0.35 for two years and 2,000,000 at $0.45 for three years) as part of a separation agreement with a co-founder and former president. The Company valued the warrants as of September 30, 2017, at $639,284 using the Black-Scholes Model On November 30, 2017, the Company issued 1,000,000 warrants at $0.30 for three years as part of a settlement of a shareholder dispute with MTG Holdings, Inc. The Company valued the warrants as of December 31, 2017, at $95,846 using the Black-Scholes Model On January 8, 2018, the Company issued 4,000,000 warrants to a director, which were provided in lieu of 3,000,000 shares that the director returned to the Company and were subsequently cancelled, at $0.10 per share which expire in three years. On September 14, 2018, in connection with the issuance of a Promissory Note to a lender, the lender was issued a Warrant entitling the lender to acquire 366,667 shares of Class A Common stock at an exercise price of $.01 (one penny) per share. The Warrant must be exercised in full within 15 years of the Note end date.

10. RELATED PARTY TRANSACTIONS

10. RELATED PARTY TRANSACTIONS	9 Months Ended
	Sep. 30, 2018
Related Party Transactions [Abstract]
RELATED PARTY TRANSACTIONS	NOTE 10 - RELATED PARTY TRANSACTIONS Shareholders made loans and advances to the Company in the amounts of $202,740, consisting of advances made by Kevin Jones of $102,740, Greg Sanders of approximately $1,400 and a loan made by Randolf Patterson of $100,000 during the three-months ended September 30, 2018. With respect to the Patterson loan, Mr. Jones holds the direct collateral interest in the note through his wholly-owned Maybert LLC, and the parties share such interests on a pro rata basis. On October 23, 2018, Christine Early (Kevin Jones’ spouse and separate shareholder) made a $100,000 loan to the Company, and on November 6, 2018, Michael Wykrent (shareholder) made a $100,000 loan to the Company, both loans being secured by Maybert LLC, a Texas company controlled by Kevin Jones. With respect to these loans, MR. Jones holds the direct collateral interest in the note through his wholly-owned Maybert LC, and the parties share such interests on a pro rata basis.

11. INCOME TAXES

11. INCOME TAXES	9 Months Ended
	Sep. 30, 2018
Income Tax Disclosure [Abstract]
INCOME TAXES	NOTE 11 – INCOME TAXES At September 30, 2018 and December 31, 2017, the Company had approximately $18 million and $16.4 million, respectively, of net operating losses ("NOL") carry forwards for federal and state income tax purposes. These losses are available for future years and expire through 2034. Utilization of these losses may be severely or completely limited if the Company undergoes an ownership change pursuant to Internal Revenue Code Section 382. The provision for income taxes for continuing operations consists of the following components for the nine-months ended September 30, 2018 and the year ended December 31, 2017: 2018 2017 Current $ - $ - Deferred - - Total tax provision for (benefit from) income taxes $ - $ - A comparison of the provision for income tax expense at the federal statutory rate of 21% for the three-months ended September 30, 2018 and the year ended December 31, 2017, the Company's effective rate is as follows: 2018 2017 Federal statutory rate (21.0) (21.0) State tax, net of federal benefit (0.0) (0.0) Permanent differences and other including surtax exemption 0.0 0.0 Temporary difference (15.9) (15.9) Valuation allowance 36.9 36.9 Effective tax rate 0.0 % 0.0 % The net deferred tax assets and liabilities included in the financial statements consist of the following amounts at September 30, 2018 and December 31, 2017: 2018 2017 Deferred tax assets Net operating loss carry forwards $ 17,916,878 $ 16,403,873 Deferred compensation 797,035 821,572 Stock based compensation 2,900,734 2,900,734 Other 581,639 581,639 Total 22,196,286 20,707,818 Less valuation allowance (22,196,286 ) (20,707,818 ) Deferred tax asset - - Deferred tax liabilities Depreciation and amortization $ - $ - Net long-term deferred tax asset $ - $ - The change in the valuation allowance was $1,399,009 and $12,784,855 for the three-months ended September 30, 2018 and the year ended December 31, 2017, respectively. The Company has recorded a 100% valuation allowance related to the deferred tax asset for the loss from operations, interest expense, interest income and other income subsequent to the change in ownership, which amounted to $22,196,2867 and $20,707,818 at September 30, 2018 and December 31, 2017, respectively. Utilization of the Company’s net operating losses may be subject to substantial annual limitation if the Company experiences a 50% change in ownership, as provided by the Internal Revenue Code and similar state provisions. Such an ownership change would substantially increase the possibility of net operating losses expiring before complete utilization. The ultimate realization of deferred tax assets is dependent upon the generation of future taxable income during the periods in which those temporary differences become deductible. Management considers the scheduled reversal of deferred tax liabilities, historical taxable income including available net operating loss carry forwards to offset taxable income, and projected future taxable income in making this assessment.

12. COMMITMENTS

12. COMMITMENTS	9 Months Ended
	Sep. 30, 2018
Commitments and Contingencies Disclosure [Abstract]
COMMITMENTS	NOTE 12 – COMMITMENTS Employment Agreements In August 2012, the Company entered into employment agreements with the president and chairman of the board of Greenway Innovative Energy, Inc. for a term of 5 years with compensation of $90,000 per year. In September of 2014, the president's employment agreement was amended to increase his annual pay to $180,000. By its terms, the employment agreement automatically renewed on August 12, 2018 for a successive one-year period. During the three-months ended September 30, 2017, the Company paid and accrued a total of $45,000 on the employment agreement. In the August 2012 acquisition agreement with Greenway Innovative Energy, Inc., the Company agreed to issue an additional 7,500,000 shares of restricted common stock when the first GTL unit is built and becomes operational and is capable of producing 2,000 barrels of diesel or jet fuel per day and pay Greenway Innovative Energy a 2% royalty on all gross production sales on each unit placed in production. In connection with a settlement agreement with one of the prior owners of Greenway Innovative Energy, Inc., the Company replaced 3,750,000 of the shares with a different amount of shares and other consideration. As a result, only 3,750,000 shares are committed to be issued under this agreement. Effective May 10, 2018, the Company entered into employment agreements with John Olynick, as President and Ransom Jones, as Chief Financial Officer, respectively. The terms and conditions of their employment agreements are identical. John Olynick, as President earns a salary of $120,000 per year. Ransom Jones, as Chief Financial Officer, earns a salary of $120,000 per year. Mr. Jones also serves as the Company’s Secretary and Treasurer. During each year that their Agreements are in effect, they are each entitled to receive a bonus (“Bonus”) equal to at least Thirty-Five Thousand Dollars ($35,000) per year. Under their employment agreements, Mr. Olynick and Mr. Jones were each issued 250,000 shares of Common Stock, par value $.0001 during the three months ended September 30, 2018. On the date of issuance, the stock was valued at $.06 per share and the Company recorded an expense of $30,000. They are also entitled to participate in the Company’s benefit plans. The foregoing summary of the Employment Agreements is qualified in its entirety by reference to the actual true and correct Employment Agreements, copies of which are attached hereto as Exhibit 10.39 and 10.40. Consulting Agreement On November 28, 2017, the Company entered into a three-year consulting agreement with Chisos Equity Consultants, LLC for public relations, consulting and corporate communications services. The initial payment was 1,800,000 shares of the Company’s restricted common stock. Additional payments upon the Company’s common stock reaching certain price points are follows; · 500,000 shares at the time our common stock reaches $0.25 per share during the first year · 500,000 shares at the time our common stock reaches $0.45 per share during the first year · 1,000,000 shares at the time our common stock reaches $0.90 per share during the first or second year · 2,000,000 shares at the time our common stock reaches $1.50 per share during the first or second year · 3,000,000 shares at the time our common stock reaches $2.00 per share during the term of the agreement · 1,000,000 shares at the time our common stock reaches $10.00 per share during the term of the agreement Due to a breach under the Agreement, the Board of Directors of the Company on June 22, 2018, voted to terminate the Agreement. Based on the termination, all warrants to purchase the Company’s common stock were cancelled. Leases In October 2015, the Company signed a new two-year lease for new office space of approximately 1,800 square feet at the rate of $2,417 for the first twelve months and $2,495 for the second twelve months. During the nine months ended September 30, 2018 and 2017, the Company expensed $14,510 and $8,640, respectively, in rent expense. The Company terminated the lease effective August 31, 2018 and has no further financial obligations under the lease. Greenway Innovative Energy, Inc. rents approximately 600 square feet of office space at 1511 North Cooper St., Suite 207, Arlington, Texas 76011, at a rate of $871 per month. The Company pays approximately $11,600 in annual maintenance fees on its Arizona BLM mining leases, in addition to 10% royalties based on production. Legal The Company has been named as a co-defendant in an action brought against the Company and Mamaki Tea, Inc., alleging, among other things, that the Company was named as a co-guarantor on an $850,000 foreclosed note. Management does not believe the ultimate resolution will have an adverse impact on the Company’s financial condition or results of operations. On April 22, 2016, Greenway Technologies filed suit under Cause No. DC-16-004718, in the 193rd District Court, Dallas County, Texas against Mamaki of Hawaii, Inc. (“Mamaki”), Hawaiian Beverages, Inc.(“HBI”), Curtis Borman and Lee Jenison for breach of a Stock Purchase Agreement dated October 29, 2015, wherein the Company sold its shares in Mamaki to HBI for $700,000 (along with the assumption of certain debt). The Company maintained its guaranty on the original loan as a component of the sale transaction. The Defendants failed to make payments of $150,000 each on November 30, 2015, December 28, 2015 and January 27, 2016. On January 13, 2017, the parties executed a Settlement and Mutual Release Agreement (Agreement). However, the Defendants again defaulted in their payment obligations under this new Agreement. Curtis Borman and Lee Jennison were co-guarantors of the obligations of Mamaki and HBI. To secure their guaranties, each of Curtis Borman and Lee Jennsion posted 1,241,500 and 1,000,000 shares, respectively, of the Company. Under the Agreement, the shares were valued at $.20. Due to the default under the Agreement, these shares were returned to the Company’s treasury shares. Curtis Borman subsequently filed for bankruptcy and the property was liquidated for $600,000, applied against the prior loan amount, leaving a remaining guaranteed loan payment balance of approximately $700,000, including accrued interest and legal fees. The Company is currently in negotiations with the note holders and anticipates a positive resolution. Wildcat Consulting Group LLC (“Wildcat”) filed a civil lawsuit against Greenway Technologies, Inc. on September 27, 2018 for an alleged breach of contract. The Company answered the lawsuit and asserted a number of affirmative defenses. Greenway is confident in its defenses and intends to vigorously defend its interests. See Subsequent Events Note 13.

13. SUBSEQUENT EVENTS

13. SUBSEQUENT EVENTS	9 Months Ended
	Sep. 30, 2018
Subsequent Events [Abstract]
SUBSEQUENT EVENTS	NOTE 13-SUBSEQUENT EVENTS On October 23, 2018, Christine Early (Kevin Jones’ spouse and separate shareholder) made a $100,000 loan to the Company, and on November 6, 2018, Michael Wykrent (shareholder) made a $100,000 loan to the Company, both loans being secured by Maybert LLC, a Texas company controlled by Kevin Jones. On October 19, 2018, a Form PREC14A was filed by a number of shareholders, (the “Committee”) holding greater than 10% of the Company’s outstanding Class A Common stock in an attempt to call a Special Meeting of the Greenway Technologies shareholders. The purpose of the meeting is to elect 4 new directors to the Board that would effectively eliminate 4 of the sitting Directors. Two sitting directors, T. Craig Takacs and D. Patrick Six are included in this action and will retain their seats as Directors if the Committee is successful. The non-filing directors and management oppose this action, and have filed an objection with the SEC.

3. SUMMARY OF SIGNIFICANT ACC_2

3. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	9 Months Ended
	Sep. 30, 2018
Accounting Policies [Abstract]
Property and Equipment	Property and Equipment Property and equipment are recorded at cost. Major additions and improvements are capitalized. The cost and related accumulated depreciation of equipment retired or sold, are removed from the accounts and any differences between the undepreciated amount and the proceeds from the sale or salvage value are recorded as a gain or loss on sale of equipment. Depreciation is computed using the straight-line method over the useful life of the assets. The Company continues to use its fully depreciated property and equipment.
Impairment of Long-Lived Assets	Impairment of Long-Lived Assets The Company assesses the impairment of long-lived assets whenever events or changes in circumstances indicate that the carrying amount may not be recoverable, in accordance with Accounting Standards Codification, ASC Topic 360, Property, Plant and Equipment
Revenue Recognition	Revenue Recognition The Company has not, to date, generated any revenues.
Use of Estimates	Use of Estimates The preparation of financial statements in conformity with accounting principles generally accepted in the United States 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 amount of revenue and expenses during the reported period. Actual results could differ materially from the estimates.
Cash and Cash Equivalents	Cash and Cash Equivalents The Company considers all highly liquid investments purchased with an original maturity of three-months or less to be cash equivalents. There were no cash equivalents at September 30, 2018, or December 31, 2017.
Income Taxes	Income Taxes The Company accounts for income taxes in accordance with FASB ASC 740, “Income Taxes,” which requires that the Company recognize deferred tax liabilities and assets based on the differences between the financial statement carrying amounts and the tax bases of assets and liabilities, using enacted tax rates in effect in the years the differences are expected to reverse. Deferred income tax benefit (expense) results from the change in net deferred tax assets or deferred tax liabilities. A valuation allowance is recorded when it is more likely than not that some or all deferred tax assets will not be realized. The Company has adopted the provisions of FASB ASC 740-10-05 Accounting for Uncertainty in Income Taxes
Net Loss Per Share, basic and diluted	Net Loss Per Share, basic and diluted Basic loss per share has been computed by dividing net loss available to common shareholders by the weighted average number of common shares outstanding for the period. Shares issuable upon the exercise of warrants or beneficial conversion features (23,696,156) have been excluded as a common stock equivalent in the diluted loss per share because their effect would be anti-dilutive.
Derivative Instruments	Derivative Instruments The Company accounts for derivative instruments in accordance with Accounting Standards Codification 815, Derivatives and Hedging (“ASC 815”), If certain conditions are met, a derivative may be specifically designated as a hedge, the objective of which is to match the timing of gain or loss recognition on the hedging derivative with the recognition of (i) the changes in the fair value of the hedged asset or liability that are attributable to the hedged risk or (ii) the earnings effect of the hedged forecasted transaction. For a derivative not designated as a hedging instrument, the gain or loss is recognized in income in the period of change. See Notes 6 and 7 below for disclosures associated with the Company’s convertible notes payable and warrants.
Fair Value of Financial Instruments	Fair Value of Financial Instruments Effective January 1, 2008, fair value measurements are determined by the Company’s adoption of authoritative guidance issued by the FASB, with the exception of the application of the statement to non-recurring, non-financial assets and liabilities, as permitted. Fair value is defined in the authoritative guidance as the price that would be received to sell an asset or paid to transfer a liability in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants at the measurement date. A fair value hierarchy was established, which prioritizes the inputs used in measuring fair value into three levels as follows: Level 1 – Valuation based on unadjusted quoted market prices in active markets for identical assets or liabilities. Level 2 – Valuation based on, observable inputs (other than level one prices), quoted market prices for similar assets such as at the measurement date; quoted prices in the market that are not active; or other inputs that are observable, either directly or indirectly. Level 3 – Valuation based on unobservable inputs that are supported by little or no market activity, therefore requiring management’s best estimate of what market participants would use as fair value.
Original Issue Discount	Original Issue Discount For certain convertible debt issued, the Company provides the debt holder with an original issue discount (“OID”). An OID is the difference between the original cash proceeds and the amount of the note upon maturity. The Note is originally recorded for the total amount payable. The OID is amortized into interest expense pro-rata over the term of the Note. In instances where the determination of the fair value measurement is based on inputs from different levels of the fair value hierarchy, the level in the fair value hierarchy within which the entire fair value measurement falls is based on the lowest level input that is significant to the fair value measurement in its entirety. The Company’s assessment of the significance of a particular input to the fair value measurement in its entirety requires judgment and considers factors specific to the asset or liability. The valuation of the Company’s notes recorded at fair value is determined using Level 3 inputs, which consider (i) time value, (ii) current market and (iii) contractual prices. The carrying amounts of financial assets and liabilities, such as cash and cash equivalents, receivables, accounts payable, notes payable and other payables, approximate their fair values because of the short maturity of these instruments. The following table represents the Company’s assets and liabilities by level measured at fair value on a recurring basis at September 30, 2018 and December 31, 2017: Description Level 1 Level 2 Level 3 September 30, 2018 Derivative Liabilities $ 0 $ 0 $ 87,557 December 31, 2017 Derivative Liabilities $ 0 $ 0 $ 105,643 The following assets and liabilities are measured on the balance sheets at fair value on a recurring basis utilizing significant unobservable inputs or Level 3 assumptions in their valuation. The following tables provide a reconciliation of the beginning and ending balances of the liabilities: The change in the notes payable at fair value for the nine-month period ended September 30, 2018, is as follows: Fair Value Change in New Fair Value January 1, 2018 Fair Value Convertible Notes Conversions September 30, 2018 Derivative Liabilities $ 106,643 $ 19,086 $ 0 $ 0 $ (87,557 ) All gains and losses on assets and liabilities measured at fair value on a recurring basis and classified as Level 3 within the fair value hierarchy are recognized in other interest income and expense in the accompanying condensed consolidated financial statements.
Stock Based Compensation	Stock Based Compensation The Company follows Accounting Standards Codification subtopic 718-10, Compensation At September 30, 2018, the Company did not have any outstanding stock options.
Concentration and Credit Risk	Concentration and Credit Risk Financial instruments and related items, which potentially subject the Company to concentrations of credit risk consist primarily of cash. The Company places its cash with high credit quality institutions. At times, such deposits may be in excess of the FDIC insurance limit.
Research and Development	Research and Development The Company accounts for research and development costs in accordance with Accounting Standards Codification subtopic 730-10, Research and Development
Issuance of Common Stock	Issuance of Common Stock The issuance of common stock for other than cash is recorded by the Company at market values.
Impact of New Accounting Standards	Impact of New Accounting Standards Management does not believe that any other recently issued, but not yet effective accounting pronouncements, if adopted, would have a material effect on the accompanying condensed consolidated financial statements.

2. BASIS OF PRESENTATION AND _2

2. BASIS OF PRESENTATION AND GOING CONCERN UNCERTAINTIES (Tables)	9 Months Ended
	Sep. 30, 2018
Accounting Policies [Abstract]
Schedule of subsidiaries	Name of Entity % Entity Incorporation Relationship Greenway Technologies, Inc. Corporation Texas Parent Universal Media Corporation 100 % Corporation Wyoming Subsidiary Greenway Innovative Energy, Inc. 100 % Corporation Nevada Subsidiary Logistix Technology Systems, Inc. 100 % Corporation Texas Subsidiary

3.SUMMARY OF SIGNIFICANT ACCOUN

3.SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)	9 Months Ended
	Sep. 30, 2018
Accounting Policies [Abstract]
Schedule of Company's assets and liabilities by level measured at fair value on a recurring basis	Description Level 1 Level 2 Level 3 September 30, 2018 Derivative Liabilities $ 0 $ 0 $ 87,557 December 31, 2017 Derivative Liabilities $ 0 $ 0 $ 105,643
Schedule of Change in the notes payable at fair value	Fair Value Change in New Fair Value January 1, 2018 Fair Value Convertible Notes Conversions September 30, 2018 Derivative Liabilities $ 105,643 $ 18,581 $ 0 $ 0 $ (87,557 )

4. PROPERTY, PLANT, AND EQUIP_2

4. PROPERTY, PLANT, AND EQUIPMENT (Tables)	9 Months Ended
	Sep. 30, 2018
Property, Plant and Equipment [Abstract]
Schedule of Property, Plant and Equipment	Range of Lives September 30, 2018 December 31, 2017 Equipment 5 $ 2,032 $ 2,032 Furniture and fixtures 5 1,983 1,983 4,015 4,015 Less accumulated depreciation (4,015 ) (4,015 ) $ 0 $ 0

5. TERM NOTES PAYABLE (Tables)

5. TERM NOTES PAYABLE (Tables)	9 Months Ended
	Sep. 30, 2018
Debt Disclosure [Abstract]
Schedule of Term Notes Payable	2018 2017 Unsecured note payable dated March 8, 2016 to an individual at 5% interest, payable upon the Company’s availability of cash $ 0 $ 13,500 Unsecured note payable dated November 13, 2017 to a corporation at $10,000 lump sum interest at maturity on February 28, 2018. The terms are being re-negotiated with the noteholder. 100,000 100,000 Unsecured note payable dated December 28, 2017 to a corporation, due January 3, 2018 53,842 Unsecured note payable dated November 13, 2017 to a corporation at $10,000 lump sum interest at maturity on February 28, 2018. The terms are being re-negotiated with the noteholder. 100,000 100,000 Total term notes $ 200,000 $ 153,842

7. CONVERTIBLE PROMISSORY NOT_2

7. CONVERTIBLE PROMISSORY NOTES (Tables)	9 Months Ended
	Sep. 30, 2018
Debt Disclosure [Abstract]
Assumptions used for valuing warrants	Commitment Date Expected dividends 0% Expected volatility 175.59% Expected term: conversion feature 2 years

8. ACCRUED EXPENSES (Tables)

8. ACCRUED EXPENSES (Tables)	9 Months Ended
	Sep. 30, 2018
Payables and Accruals [Abstract]
Schedule of accrued expenses	2018 2017 Accrued consulting fees $ 249,500 $ 249,500 Accrued expense related to shareholder dispute 0 330,000 Accrued expense related to warrant exercise 0 180,000 Other accrued expenses 332,234 12,000 Accrued interest expense 6,644 7,260 Total accrued expenses $ 588,378 $ 778,760

11. INCOME TAXES (Tables)

11. INCOME TAXES (Tables)	9 Months Ended
	Sep. 30, 2018
Income Tax Disclosure [Abstract]
Schedule of components of the provision for income taxes	2018 2017 Current $ - $ - Deferred - - Total tax provision for (benefit from) income taxes $ - $ -
Schedule of income tax reconciliation	2018 2017 Federal statutory rate (21.0) (21.0) State tax, net of federal benefit (0.0) (0.0) Permanent differences and other including surtax exemption 0.0 0.0 Temporary difference (15.9) (15.9) Valuation allowance 36.9 36.9 Effective tax rate 0.0 % 0.0 %
Schedule of net deferred tax assets and liabilities	2018 2017 Deferred tax assets Net operating loss carry forwards $ 17,916,878 $ 16,403,873 Deferred compensation 797,035 821,572 Stock based compensation 2,900,734 2,900,734 Other 581,639 581,639 Total 22,196,286 20,707,818 Less valuation allowance (22,196,286 ) (20,707,818 ) Deferred tax asset - - Deferred tax liabilities Depreciation and amortization $ - $ - Net long-term deferred tax asset $ - $ -

2. BASIS OF PRESENTATION AND _3

2. BASIS OF PRESENTATION AND GOING CONCERN UNCERTAINTIES (Details)	9 Months Ended
	Sep. 30, 2018
Logistix Technology Systems [Member]
Ownership percentage	100.00%
State of incorporation	Texas
Universal media Corp. [Member]
Ownership percentage	100.00%
State of incorporation	Wyoming
Greenway Innovative Energy [Member]
Ownership percentage	100.00%
State of incorporation	Nevada

2. BASIS OF PRESENTATION AND _4

2. BASIS OF PRESENTATION AND GOING CONCERN UNCERTAINTIES (Details Narrative) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017	Dec. 31, 2017
Accounting Policies [Abstract]
Net income (loss)	$ (1,513,005)	$ (7,575,176)	$ (1,513,005)	$ (7,575,176)
Working capital	(3,100,000)		(3,100,000)
Accumulated deficit	$ (25,136,606)		$ (25,136,606)		$ (23,623,602)

3. SUMMARY OF SIGNIFICANT ACC_3

3. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details - Fair value) - Fair Value, Measurements, Recurring [Member] - USD ($)	Sep. 30, 2018	Dec. 31, 2017
Fair Value, Inputs, Level 3 [Member]
Fair value derivative liabilities	$ 87,557	$ 105,643
Fair Value, Inputs, Level 2 [Member]
Fair value derivative liabilities	0	0
Fair Value, Inputs, Level 1 [Member]
Fair value derivative liabilities	$ 0	$ 0

3. SUMMARY OF SIGNIFICANT ACC_4

3. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details - Change in fair value)	9 Months Ended
	Sep. 30, 2018USD ($)
Accounting Policies [Abstract]
Derivative liabilities, beginning balance	$ 105,643
Change in fair value	18,581
Issuances	0
Conversions	0
Derivative liabilities, ending balance	$ 87,556

3. SUMMARY OF SIGNIFICANT ACC_5

3. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details Narrative) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017	Dec. 31, 2017
Accounting Policies [Abstract]
Cash equivalents	$ 0		$ 0		$ 0
Antidilutive shares excluded from EPS			23,696,156
Outstanding stock options	0		0
Research and development expenses	$ (135,000)	$ 183,512	$ 75,000	$ 521,444
Research and development income			$ 210,000

4. PROPERTY, PLANT AND EQUIPMEN

4. PROPERTY, PLANT AND EQUIPMENT (Details) - USD ($)	Sep. 30, 2018	Dec. 31, 2017
Property and equipment, gross	$ 4,015	$ 4,015
Less: accumulated depreciation	(4,015)	(4,015)
Property and equipment, net	0	0
Equipment [Member]
Property and equipment, gross	2,032	2,032
Furniture and Fixtures [Member]
Property and equipment, gross	$ 1,983	$ 1,983

4. PROPERTY, PLANT AND EQUIPM_2

4. PROPERTY, PLANT AND EQUIPMENT (Details Narrative) - USD ($)	3 Months Ended		6 Months Ended	9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Jun. 30, 2018	Sep. 30, 2018	Sep. 30, 2017
Depreciation expense	$ 0	$ 298			$ 297
Equipment [Member]
Property usefule live			5 years
Furniture and Fixtures [Member]
Property usefule live			5 years

5. TERM NOTES PAYABLE (Details

5. TERM NOTES PAYABLE (Details Narrative) - USD ($)	9 Months Ended
	Sep. 30, 2018	Dec. 31, 2017
Term note payable	$ 200,000	$ 153,841
Term Note [Member]
Term note payable	$ 0	13,500
Debt issuance date	Mar. 8, 2016
TermNote2Member
Term note payable	$ 100,000	100,000
Debt issuance date	Nov. 13, 2017
Debt maturity date	Feb. 28, 2018
TermNote3Member
Term note payable	$ 0	$ 53,842
Debt issuance date	Dec. 28, 2017
Debt maturity date	Jan. 3, 2018

6. CONVERTIBLE PROMISSORY NOT_2

6. CONVERTIBLE PROMISSORY NOTES 2017 (Details Narrative) - USD ($)	3 Months Ended		9 Months Ended	12 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Dec. 31, 2017	Dec. 20, 2019
Unamortized discount	$ 52,958		$ 52,958	$ 81,833
Amortization of debt discount	28,875	$ 0
2017 Convertible Promissory Notes [Member]
Debt face amount	166,667		166,667
Debt periodic payment amount			$ 86,667
Debt first payment amount date			Dec. 20, 2018
Debt conversion terms			The holder has the right to convert the note into common stock of the Company at a conversion price of $0.008 per share for each one dollar of cash payment which may be due, (which would be 1,083,333 shares for the $86,667 payment and 1,000,000 shares for the $80,000 payment.
Beneficial conversion feature				27,083
Unamortized discount	16,927		$ 16,927
Amortization of debt discount			$ 3,386
If converted, shares issuable			1,083,337
Accrued interest payable					$ 80,000
2017 Convertible Promissory Notes 2 [Member]
Debt face amount	150,000		$ 150,000
Debt payment frequency			monthly
Debt periodic payment amount			$ 6,000
Debt conversion terms			The holder has the right to convert the note into common stock of the Company at a conversion price of equal to 70% of the prior twenty (20) days average closing market price of the Company?s common stock.
Beneficial conversion feature			$ 58,494
Unamortized discount	144,000		144,000
Amortization of debt discount			22,463
Derivative liability	68,056		$ 68,056
If converted, shares issuable			1,578,947
Payment made			$ 6,000
May 2016 Convertible Note [Member]
Debt face amount				$ 224,000
Debt payment frequency				monthly
Debt periodic payment amount				$ 44,800
Debt first payment amount date				Nov. 10, 2056
Amortization of debt discount				$ 9,327
Convertible Notes Payable [Member]
Unamortized discount	$ 20,313		$ 20,313	81,833
September 2014 Convertible Note [Member]
Debt face amount				$ 158,000

7. CONVERTIBLE PROMISSORY NOT_3

7. CONVERTIBLE PROMISSORY NOTES (Details - Assumptions)	9 Months Ended
	Sep. 30, 2018
Measurement Input Expected Dividend Rate [Member]
Assumptions	0%
Measurement Input, Price Volatility [Member]
Assumptions	175.59%
Measurement Input, Expected Term [Member]
Assumptions	2 years

7. CONVERTIBLE PROMISSORY NOT_4

7. CONVERTIBLE PROMISSORY NOTES (Details Narrative) - USD ($)	3 Months Ended		6 Months Ended		9 Months Ended	12 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Dec. 31, 2017
Amortization of debt discount	$ 28,875	$ 0
Derivative liability - warrants	87,556		$ 87,556		$ 87,556	$ 105,643
Settlement (expense) - loan agreement			(208,000)	$ 0
September 2014 Convertible Note [Member]
Debt face value						158,000
Derivative liability - warrants						$ 47,149
Debt converted, stock issued					1,600,000
Settlement (expense) - loan agreement					$ (208,000)
Gain on exchanges in fair value of derivative					58,316
2017 Convertible Promissory Notes 2 [Member]
Debt face value	150,000		150,000		$ 150,000
Debt payment frequency					monthly
Debt periodic payment amount					$ 6,000
Amortization of debt discount					22,463
2017 Convertible Promissory Notes [Member]
Debt face value	$ 166,667		$ 166,667		166,667
Debt periodic payment amount					$ 86,667
Debt first payment amount date					Dec. 20, 2018
Amortization of debt discount					$ 3,386
May 2016 Convertible Note [Member]
Debt issuance date						May 4, 2016
Debt face value						$ 224,000
Debt payment frequency						monthly
Debt periodic payment amount						$ 44,800
Debt first payment amount date						Nov. 10, 2056
Convertible note balance						$ 0
Amortization of debt discount						$ 9,327

8. ACCRUED EXPENSES (Details)

8. ACCRUED EXPENSES (Details) - USD ($)	Sep. 30, 2018	Dec. 31, 2017
Payables and Accruals [Abstract]
Accrued consulting fees	$ 249,500	$ 249,500
Accrued expense relating to shareholder dispute	0	330,000
Accrued expense for warrant exercise	0	180,000
Other accrued expenses	332,234	12,000
Accrued interest expense	6,644	7,260
Total accrued expenses	$ 588,378	$ 778,760

9. CAPITAL STRUCTURE (Details N

9. CAPITAL STRUCTURE (Details Narrative) - USD ($)	9 Months Ended	12 Months Ended
	Sep. 30, 2018	Dec. 31, 2017	Sep. 14, 2018	Jan. 08, 2018	Nov. 30, 2017	Feb. 03, 2017
Class A Common Stock
Common stock, shares issued	286,703,915	286,703,915
Common stock, shares outstanding	287,681,826	287,681,826
Warrants [Member]
Warrants issued			366,667	4,000,000	1,000,000	6,000,000
Fair value of warrants issued					$ 95,846	$ 639,284
Class B Common Stock | Shareholders [Member]
Stock exchanged, shares exchanged		63,932
Class B Common Stock | Shareholder [Member]
Stock exchanged, shares exchanged		62,986
Class A Common Stock | Shareholders [Member]
Stock exchanged, shares issued		63,932
Class A Common Stock | Shareholder [Member]
Stock exchanged, shares issued		630,000
Private Placements [Member] | Restricted Stock Class A [Member]
Stock issued new, shares	4,780,254
Proceeds from sale of stock	$ 536,500

10. RELATED PARTY TRANSACTIONS

10. RELATED PARTY TRANSACTIONS (Details Narrative) - USD ($)	3 Months Ended
	Sep. 30, 2018	Oct. 23, 2018
Proceeds from related parties	$ 202,740
Kevin Jones [Member]
Proceeds from related parties	102,740
Randolf Patterson [Member]
Proceeds from related parties	100,000
Greg Sanders [Member]
Proceeds from related parties	$ 1,400
Christine Early [Member]
Loans received		$ 100,000

11. INCOME TAXES (Details - tax

11. INCOME TAXES (Details - tax provision) - USD ($)	3 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017	Dec. 31, 2017
Income Tax Disclosure [Abstract]
Current tax provision			$ 0		$ 0
Deferred tax provision			0		0
Total tax provision for (benefit from) income taxes	$ 0	$ 0			$ 0

11. INCOME TAXES (Details - Rec

11. INCOME TAXES (Details - Reconciliation)	9 Months Ended	12 Months Ended
	Sep. 30, 2018	Dec. 31, 2017
Income Tax Disclosure [Abstract]
Federal statutory rate	(21.00%)	(21.00%)
State tax, net of federal benefit	0.00%	0.00%
Permanent differences and other including surtax exemption	0.00%	0.00%
Temporary difference	(15.90%)	(15.90%)
Valuation allowance	36.90%	36.90%
Effective tax rate	0.00%	0.00%

11. INCOME TAXES (Details - Def

11. INCOME TAXES (Details - Deferred taxes) - USD ($)	Sep. 30, 2018	Dec. 31, 2017
Deferred tax assets
Net operating loss carry forwards	$ 17,916,878	$ 16,403,873
Deferred compensation	797,035	821,572
Stock based compensation	2,900,734	2,900,734
Other	581,639	581,639
Total	22,196,286	20,707,818
Less valuation allowance	(22,196,286)	(20,707,818)
Deferred tax asset	0	0
Deferred tax liabilities
Depreciation and amortization	0	0
Net long-term deferred tax asset	$ 0	$ 0

11. INCOME TAXES (Details Narra

11. INCOME TAXES (Details Narrative) - USD ($)	9 Months Ended	12 Months Ended
	Sep. 30, 2018	Dec. 31, 2017
Income Tax Disclosure [Abstract]
Net operating loss carryforward	$ 18,000,000	$ 16,400,000
Operating loss carryforward expiration date	Dec. 31, 2034
Change in valuation allowance	$ 1,399,009	12,784,855
Interest expense Income	$ 22,196,286	$ 20,707,818

12. COMMITMENTS (Details Narrat

12. COMMITMENTS (Details Narrative) - USD ($)	9 Months Ended		12 Months Ended	15 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Dec. 31, 2017	Mar. 17, 2018
Lease expense	$ 14,510	$ 8,640
Annual maintenance fees			$ 11,600
Employment Agreement [Member]
Compensation paid				$ 45,000