Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited)

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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Cash flows from operating activities:    
Net loss $ (697,943) $ (3,091)
Adjustments to reconcile net loss to net cash provided by (used in) operations:    
Loss on fair value of derivatives 151,259
Amortization of debt discounts 110,266
Depreciation 221 221
Stock compensation expense 50,690
Loss on investment in undivided interest in real estate 2,305
Changes in operating assets and liabilities:    
Decrease (increase) in Interest receivable, related party 82
Decrease (increase) in Accounts receivable (1,646) (9,460)
Decrease (increase) in Inventory (22,775) (2,910)
Decrease (increase) in Deferred commissions, stockholder (375,000)
Decrease (increase) in Prepaid assets 24,951 (44,755)
Decrease (increase) in Accounts receivable, related party (23,808)
Increase (decrease) in Accounts payable and accrued expenses 60,085 38,211
Increase (decrease) in Commissions payable, stockholder   (96,000)
Increase (decrease) in Officer salaries payable 47,944
Increase (decrease) in Deferred revenue 625,000
Increase (decrease) in Due to related party 10,922 9,500
Net cash provided by (used in) operating activities (287,528) 141,798
Cash flows from investing activities:    
Repayments of shareholder loans receivable 2,563
Net cash used in investing activities 2,563
Cash flows from financing activities:    
Proceeds from issuance of note payable 32,600
Proceeds from advances, shareholder 27,500
Proceeds from issuances of convertible notes payable 210,000
Repayments of note payable (4,407)
Repayments of advances, shareholder (1,000)
Repayments of principal of convertible note payable (38,500)
Net cash provided by financing activities 226,193
Net increase (decrease) in cash and cash equivalents (61,335) 144,361
Cash and cash equivalents, Beginning of period 84,720 493,514
Cash and cash equivalents, End of period 23,385 637,875
Supplemental disclosure of cash flow information:    
Cash paid for interest 5,707 368
Cash paid for income taxes
Schedule of non-cash Investing or Financing Activity:    
Reclassification of derivative liabilities upon principal repayments of convertible notes $ 61,044