Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statement of Cash Flows (Unaudited)

v3.5.0.2
Condensed Consolidated Statement of Cash Flows (Unaudited) - USD ($)
 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Operating Activities:    
Net loss $ (342,294) $ (367,003)
Adjustments to reconcile net loss to net cash used in operating activities:    
Common stocks issued by service 100
Stock based compensation 45,451 22,910
Interest expense - note payable 19,662
Interest expense - amortization of convertible note discount 19,833 62,221
Changes in fair value of convertible note (84,538) 4,866
Other receivable (200)
Accounts payable and accrued liabilities 191,288 (147,911)
Net cash used in operating activities (150,698) (129,095)
Financing Activities:    
Proceeds from issuance of common stock 50,900
Proceeds from issuance of note payable to related party 10,000 6,000
Proceeds from issuance of note payable 51,983 34,000
Proceeds from deferred license income 24,990 59,991
Proceeds from issuance of convertible note 28,000
Net cash provided by financing activities 137,873 127,991
Net decrease in cash (12,825) (1,104)
Cash, Beginning of period 15,563 17,878
Cash, End of period $ 2,738 $ 16,774