Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Operations (Unaudited)

v3.7.0.1
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Revenue    
Copyright settlement revenue $ 79,904 $ 68,283
Consulting revenue 81,666
Total revenue 161,570 68,283
Operating expenses:    
Copyright holder fees 39,952 49,142
Sales and marketing 991 1,347
General and administrative 614,586 961,105
Depreciation and amortization 18,184 22,816
Total operating expenses 673,713 1,034,410
Loss from operations (512,143) (966,127)
Other income (expenses):    
Interest expense (1,084)
Change in fair value of derivative liabilities 104,739 181,947
Total other income (expenses) 103,655 181,947
Net loss $ (408,488) $ (784,180)
Net loss per share – basic and diluted $ (0.00) $ (0.01)
Weighted average common shares – basic 132,529,838 113,808,721