Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statement of Cash Flows (Unaudited)

v3.7.0.1
Condensed Consolidated Statement of Cash Flows (Unaudited) - USD ($)
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Operating Activities:    
Net income/(loss) $ 58,940 $ (300,768)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:    
Change in deposit balance (177,493)
Stock based compensation 48,558 5,449
Interest expense - note payable 3,439 11,142
Interest expense - amortization of convertible note discount 2,554 7,350
Changes in fair value of convertible note 7,720 161,129
Accounts payable 11,946 88,565
Deposit 44,522
Net cash provided by (used in) operating activities 186 (27,133)
Financing Activities:    
Proceeds from issuance of note payable 26,983
Net cash provided by financing activities 26,983
Net increase (decrease) in cash 186 (150)
Cash, Beginning of period 9,299 15,563
Cash, End of period 9,485 15,413
Non-Cash Transaction:    
Change in deposit balance $ 177,493