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 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Revenue        
Copyright settlement revenue $ 58,610 $ 146,043 $ 138,514 $ 214,326
Consulting revenue 66,666 0 148,332 0
Total revenue 125,276 146,043 286,846 214,326
Operating expenses:        
Copyright holder fees 29,305 56,593 69,257 105,735
Sales and marketing 356 687 1,347 2,034
General and administrative 576,110 592,012 1,190,696 1,553,117
Depreciation and amortization 16,643 22,490 34,827 45,306
Total operating expenses 622,414 671,782 1,296,127 1,706,192
Loss from operations (497,138) (525,739) (1,009,281) (1,491,866)
Other expenses:        
Interest expense 0 0 (1,084) 0
Change in fair value of derivative liabilities (162,796) 314,654 (58,057) 496,601
Total other expenses (162,796) 314,654 (59,141) 496,601
Net loss $ (659,934) $ (211,085) $ (1,068,422) $ (995,265)
Net loss per share - basic and diluted $ (0.00) $ (0.00) $ (.01) $ (.01)
Weighted average common shares - basic 146,295,131 119,393,116 139,450,510 116,600,918