XML 23 R7.htm IDEA: XBRL DOCUMENT v3.8.0.1
STATEMENTS OF CASH FLOW (Unaudited) - USD ($)
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Cash flows from operating activities:    
Net (Loss) $ (2,520,808) $ 0
Adjustments to reconcile Net (Loss) to Net Cash provided by operations:    
Debt discount amortization 356,250 0
Depreciation and amortization 19,800 0
Common stock issued for legal fees 124,000 0
Uncollectible vendor notes receivable 1,414,921 0
Changes in Current Assets and Liabilities    
Vendor advances receivable 186,486 0
Accounts receivable 4,546 0
Other receivables (2,465) 0
Inventories (765,320) 0
Prepaid expenses 9,927 0
Accounts payable 252,984 0
Accounts payable - related parties 66,383 0
Accrued liabilities 86,785 0
Net cash used in operating activities (766,511) 0
Cash flows from investing activities:    
Purchase of equipment (36,017) 0
Net cash used in investing activities (36,017) 0
Cash flows from financing activities:    
Note payments - related party (362,000) 0
Insurance premium note payments (79,328) 0
Sale of common stock 1,350,875 0
Organization and fund raising costs (17,000) 0
Net cash provided by financing activities 892,547 0
Net increase in cash 90,019 0
Cash, beginning of period 10,116 0
Cash, end of period 100,135 0
Supplemental cash flow disclosures    
Cash paid during the period for Interest 1,297 0
Cash paid during the period for Income taxes 0 0
Vendor note receivable foreclosure    
Vendor notes receivable 1,170,079 0
Vendor advances receivable (96,552) 0
Accounts receivable (20,965) 0
Inventories (509,447) 0
Equipment (543,115) 0
Goodwill 0 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 601 0
Additional paid-in-capital $ (601) $ 0