Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statement of Cash Flows (Unaudited)

v3.3.0.814
Condensed Consolidated Statement of Cash Flows (Unaudited) - USD ($)
9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Operating Activities:    
Net loss $ (367,003) $ (1,282,286)
Adjustments to reconcile net loss to net cash used in operating activities:    
Common shares issued for services $ 227,740
Stock compensation $ 22,910
Interest expense - amortization of convertible note discount 62,221
Changes in fair value of convertible note 4,866
Changes in operating assets and liabilities:    
Accounts payable and accrued liabilities 147,911 $ (5,632)
Net cash used in operating activities $ (129,095) (1,060,178)
Investing Activities:    
Purchase of Interest in Gazania (150,000)
Net cash used in investing activities $ (150,000)
Financing Activities:    
Proceeds from issuance of convertible note $ 28,000
Proceeds from issuance of note payable to related party 6,000
Proceeds from issuance of note payable $ 34,000
Proceeds from issuance of common stock $ 1,211,000
Proceeds from deposits $ 59,991
Net cash provided by financing activities 127,991 $ 1,211,000
Net (decrease) increase in cash (1,104) 822
Cash, Beginning of period 17,878 2,450
Cash, End of period $ 16,774 $ 3,272
Supplemental disclosures of cash flow information:    
Interest
Income taxes