Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statement of Cash Flows (Unaudited)

v3.2.0.727
Condensed Consolidated Statement of Cash Flows (Unaudited) - USD ($)
 6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Operating Activities:    
Net loss $ (159,416) $ (525,754)
Adjustments to reconcile net loss to net cash used in operating activities:    
Stock compensation 22,275  
Interest expense - note payables 675  
Interest expense - amortization of convertible note discount 39,303  
Changes in fair value of convertible note $ 24,254  
Changes in operating assets and liabilities:    
Prepaid   $ (361,667)
Accounts payable and accrued liabilities $ (6,000) 62,579
Net cash used in operating activities $ (78,909) (863,427)
Investing Activities:    
Purchase of Interest in Gazania   (150,000)
Net cash used in investing activities   (150,000)
Financing Activities:    
Advanced subscriptions   $ 60,000
Proceeds from issuance of note payable to related party $ 2,500  
Proceeds from issuance of note payable $ 34,000  
Proceeds from issuance of common stock   $ 981,000
Proceeds from issuance of convertible note $ 28,000  
Net cash provided by financing activities 64,500 $ 1,041,000
Net increase (decrease) increase in cash (14,409) 27,573
Cash, Beginning of period 17,878 2,450
Cash, End of period $ 3,469 $ 30,023
Supplemental disclosures of cash flow information:    
Interest    
Income taxes