v3.19.1
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Cash flows from operating activities:    
Net loss $ (2,003,038) $ (697,943)
Adjustments to reconcile net loss to net cash used in operations:    
Loss on fair value of derivatives 577,838 151,259
Amortization of debt discounts 2,500
Depreciation and amortization 111,226 221
Stock compensation expense 124,500 50,690
Non cash interest expense 2,500
Loss on investment in undivided interest in real estate 1,040 2,305
Loss on debt extinguishment 44,852
Changes in operating assets and liabilities:    
Decrease (increase) in Accounts receivable (18,117) (1,646)
Decrease (increase) in Employee advances (17,181)
Decrease (increase) in Inventory (41,571) (22,775)
Decrease (increase) in Prepaid assets 17,396 24,951
Decrease (increase) in Accounts receivable, related party (41,888) (23,808)
Increase (decrease) in Accounts payable and accrued expenses 4,527 60,086
Increase (decrease) in Officer salaries payable 5,509 47,944
Increase (decrease) in Customer deposits 33,719
Increase (decrease) in Operating lease liabilities (42,450)
Net cash used in operating activities (785,107) (298,450)
Cash flows from investing activities:    
Payment of security deposit (9,181)
Purchase of office and computer equipment (17,322)
Net cash used in investing activities (26,503)
Cash flows from financing activities:    
Proceeds from issuance of note payable 7,400 32,600
Advances (repayments) to stockholder, net (41,394) 10,922
Proceeds from advances, stockholder 27,500
Proceeds from issuances of convertible notes payable, net of debt issuance costs 813,475 210,000
Repayments of note payable (20,784) (4,407)
Repayments of advances, stockholder (1,000)
Repayments of principal of convertible note payable (38,500)
Net cash provided by financing activities 758,697 237,115
Net decrease in cash and cash equivalents (52,912) (61,335)
Cash, Beginning of period 87,826 84,720
Cash, End of period 34,914 23,385
Supplemental disclosure of cash flow information:    
Cash paid for interest 13,671 5,707
Cash paid for income taxes
Schedule of non-cash Investing or Financing Activity:    
Reclassification of derivative liabilities upon principal repayments of convertible notes 580,900 61,044
Intangible assets in accounts payable 680,000
Intangible assets in accounts payable 253,539
Conversion of notes payable and accrued interest in common stock $ 40,624

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