v3.10.0.1

Consolidated Balance Sheets - USD ($)	Jun. 30, 2018	Dec. 31, 2017
CURRENT ASSETS
Cash and cash equivalents	$ 537	$ 627
Accounts receivable	5,523	14,427
Prepaid expenses and deposits	5,200	200
Total Current Assets	11,260	15,254
OTHER ASSETS
Oil and gas properties, net (full cost method)
TOTAL ASSETS	11,260	15,254
CURRENT LIABILITIES
Accounts payable and accrued expenses	171,248	157,740
Accounts payable - related party	55,015	68,289
Notes payable	10,000
Notes payable - related party	56,500	81,500
Convertible notes payable	666,545	600,000
Derivative liabilities	243,499
Total Current Liabilities	1,202,807	907,529
LONG-TERM LIABILITIES
Asset retirement obligation	13,625	13,178
Total Long-Term Liabilities	13,625	13,178
TOTAL LIABILITIES	1,216,432	920,707
STOCKHOLDERS' DEFICIT
Preferred stock - 25,000,000 shares authorized, $0.001 par value; 22,013 shares issued and outstanding	22	22
Common stock - 625,000,000 shares authorized, $0.001 par value; 102,105,062 and 37,105,062 shares issued and outstanding, respectively	102,105	37,105
Additional paid-in capital	5,722,464	4,682,464
Accumulated deficit	(7,029,763)	(5,625,044)
Total Stockholders' Deficit	(1,205,172)	(905,453)
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT	$ 11,260	$ 15,254

Sum of the carrying values as of the balance sheet date of obligations incurred through that date and due within one year (or the operating cycle, if longer), including liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received, taxes, interest, rent and utilities, accrued salaries and bonuses, payroll taxes and fringe benefits.

Tiger Oil & Energy, Inc. 10-Q