XML 23 R7.htm IDEA: XBRL DOCUMENT v3.7.0.1
STATEMENTS OF CASH FLOW (Unaudited) - USD ($)
6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Cash flows from operating activities:    
Net (Loss) $ (1,706,997) $ 0
Adjustments to reconcile net (loss) to net cash provided by operations:    
Debt discount amortization 356,250 0
Depreciation and amortization 33,930 0
Changes in Current Assets and Liabilities    
Vendor advances receivable 155,891 0
Accounts receivable (208,048) 0
Inventories (822,112) 0
Prepaid expenses 46,767 0
Accounts payable 349,377 0
Accrued liabilities 101,474 0
Net cash used in operating activities (1,693,468) 0
Cash flows from investing activities:    
Goodwill, legal fee (26,000) 0
Purchase of equipment (36,873) 0
Net cash used in investing activities (62,873)  
Cash flows from financing activities:    
Convertible note payment (100,000) 0
Note payments - related party (659,960) 0
Insurance premium note payments (118,551) 0
Sale of common stock 2,686,500 0
Organization and fund raising costs (17,000) 0
Net cash provided by financing activities 1,790,989 0
Net increase in cash 34,648 0
Cash, beginning of period 10,116 0
Cash, end of period 44,764 0
Supplemental Cash Flow Information    
Cash paid during the period for Interest 5,913 0
Cash paid during the period for Income taxes 0 0
Vendor note receivable foreclosure    
Vendor notes receivable 2,585,000 0
Vendor advances receivable (65,957) 0
Accounts receivable (20,965) 0
Inventories (509,447) 0
Equipment (187,815) 0
Goodwill (1,800,816) 0
Goodwill (124,000) 0
Common Stock 124,000 0
Licensing Agreement (125,000) 0
Common Stock 125,000 0
Other receivables (20,811) 0
Accounts payable 20,811 0
Insurance premium note payable 180,761 0
Prepaid expenses (180,761) 0
Common stock 604 0
Additional paid-in-capital $ (604) $ 0