BIOADAPTIVES INC
For the period ended Dec 31, 2023. Filed Apr 10, 2024.
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FY2023 · Filed Apr 10, 2024
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Consolidated Balance Sheet
| December 31, | December 31, | |
|---|---|---|
| 2023 | 2022 | |
| ASSETS | ||
| Current Assets: | ||
| Cash | $60,776 | $25,405 |
| Marketable securities | - | 42 |
| Inventory | 15,281 | 8,877 |
| Security deposit | 2,500 | |
| Prepaid expense | 10,000 | - |
| Total Current Assets | 88,557 | 34,324 |
| License and patent, net | 15,441 | 2,990 |
| TOTAL ASSETS | $103,998 | $37,314 |
| LIABILITIES AND STOCKHOLDERS’ DEFICIT | ||
| Current Liabilities: | ||
| Accounts payable and accrued liabilities | 443,579 | 409,920 |
| Derivative liabilities | 977,872 | 686,856 |
| Current portion of convertible notes - net of discount of $52,592 and $7,647 | 321,658 | 381,793 |
| Note payable - related party | 7,520 | 10,246 |
| Total Current Liabilities | 1,750,629 | 1,488,815 |
| Total Liabilities | 1,750,629 | 1,488,815 |
| Stockholders’ Deficit: | ||
| Preferred stock, ($0.0001 par value, 10,000,000 shares authorized; | ||
| Series A Preferred Stock 4,000,000 shares designated; 2,850,000 and 1,600,000 issued and outstanding, respectively | 285 | 160 |
| Series B Preferred Stock 5,000,000 shares designated; 2,250,000 and 0 share issued and outstanding, respectively | 225 | - |
| Common stock ($0.0001 par value, 1,250,000,000 shares authorized; 895,760,225 and 252,554,765 shares issued and outstanding, and 10,000 issuable, respectively) | 89,576 | 25,255 |
| Additional paid-in capital | 6,527,428 | 6,074,763 |
| Accumulated deficit | (8,264,145) | (7,551,679) |
| Total Stockholders’ Deficit | (1,646,631) | (1,451,501) |
| TOTAL LIABILITIES AND STOCKHOLDERS’ DEFICIT | $103,998 | $37,314 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.