Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statement of Cash Flows (Unaudited)

v3.4.0.3
Condensed Consolidated Statement of Cash Flows (Unaudited) - USD ($)
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Operating Activities:    
Net loss $ (300,768) $ (2,959)
Adjustments to reconcile net loss to net cash used in operating activities:    
Stock based compensation 5,449
Interest expense - note payable 11,142
Interest expense - amortization of convertible note discount 7,350 $ 18,833
Changes in fair value of derivative liabilities 161,129 (44,620)
Changes in operating assets and liabilities:    
Accounts payable and accrued liabilities 88,565 (6,000)
Net cash used in operating activities (27,133) (34,746)
Financing Activities:    
Proceeds from issuance of note payable 26,983 24,000
Net cash provided by financing activities 26,983 24,000
Net decrease in cash (150) (10,746)
Cash, Beginning of period 15,563 17,878
Cash, End of period $ 15,413 $ 7,132