Max Sound Corp

CIK:0001353499|SEC Filings

Condensed Statements of Operations (UNAUDITED) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Condensed Statements of Operations (UNAUDITED)
Revenue	$ 0	$ 0	$ 0	$ 251,000
Operating Expenses
General and administrative	8,077	213,649	47,620	231,810
Professional fees	8,500	38,334	27,200	42,334
Compensation	72,000	72,000	144,000	144,000
Total Operating Expenses	88,577	323,983	218,820	418,144
Loss from Operations	(88,577)	(323,983)	(218,820)	(167,144)
Other Income / (Expense)
Interest expense	(132,738)	(134,440)	(266,291)	(270,471)
Interest expense - related party	(118,239)	(119,010)	(235,447)	(236,699)
Total Other Income / (Expense)	(250,977)	(253,450)	(501,738)	(507,170)
Provision for Income Taxes	0	0	0	0
Net Loss	$ (339,554)	$ (577,433)	$ (720,558)	$ (674,314)
Net Loss Per Share - Basic and Diluted	$ (0.00)	$ (0.00)	$ (0.00)	$ (0.00)
Weighted average number of shares outstanding during the year Basic and Diluted	7,315,775,900	66,866,808,624	7,098,521,331	6,766,532,381

Condensed Statements of Cash Flows (UNAUDITED) - USD ($)	6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021
Cash Flows From Operating Activities:
Net Loss	$ (720,558)	$ (674,314)
Adjustments to reconcile net loss to net cash used in operations
Stock issued for services	0	60,000
Increase in prepaid expenses	0	(3,000)
Increase in accounts payable	27,427	8,847
Increase in accrued expenses	277,307	281,499
Increase in accrued expenses - related party	379,447	378,700
Net Cash Provided by (Used in) Operating Activities	(36,377)	51,732
Net Cash Used In Investing Activities	0	0
Cash Flows From Financing Activities:
Proceeds from stockholder loans / lines of credit	11,520	61,485
Repayment from stockholder loans / lines of credit	(40,040)	(112,143)
Cash overdraft	(47)	0
Proceeds from issuance of convertible note	65,000	0
Net Cash Provided by (Used in) Financing Activities	36,433	(50,658)
Net Increase in Cash	56	1,074
Cash at Beginning of Period	0	0
Cash at End of Period	56	1,074
Supplemental disclosure of cash flow information:
Cash paid for interest	0	0
Cash paid for taxes	0	0
Shares issued in conversion of convertible debt	$ 213,000	$ 0

Condensed Balance Sheets - USD ($)	Jun. 30, 2022	Dec. 31, 2021
Total Assets	$ 56	$ 0
Current Liabilities
Accounts payable	890,488	863,061
Cash overdraft	0	47
Accrued expenses	3,147,765	2,870,458
Accrued expenses - related party	3,290,311	2,910,864
Judgement payable	819,626	819,626
Line of credit - related party	334,816	363,336
Convertible note payable	5,792,429	5,940,429
Total Current Liabilities	14,275,435	13,767,821
Commitments and Contingencies	0	0
Stockholders' Deficit
Preferred stock value	0	0
Common stock, $0.00001 par value; 10,000,000,000 shares authorized, 7,352,186,157 and 6,878,852,823 shares issued and outstanding, respectively	75,450	70,717
Additional paid-in capital	71,271,501	71,063,234
Treasury stock	(534,575)	(534,575)
Accumulated deficit	(85,087,855)	(84,367,297)
Total Stockholders' Deficit	(14,275,379)	(13,767,821)
Total Liabilities and Stockholders' Deficit	56	0
Series A Preferred Stock [Member]
Stockholders' Deficit
Preferred stock value	$ 100	$ 100