XML 14 R5.htm IDEA: XBRL DOCUMENT v3.7.0.1
Consolidated Statements of Cash Flows - USD ($)
6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Cash flows from operating activities:    
Net loss $ (105,638) $ (103,928)
Adjustments to reconcile net loss to Net cash used in operations:    
Depreciation and amortization 400 400
Common stock issued in payment of interest expense 16,800
Common stock issued in payment of services 16,800
(Increase) decrease in cash from:    
Accounts receivable (5,659)
Deposits
Increase (decrease) in cash from:    
Accounts payable (4) 24,499
Deferred compensation 57,114 60,000
Payroll taxes accrued and withheld 15,000 15,000
Accrued interest payable 3,312 6,941
Deferred revenue (8,150) (31,975)
Net cash used in operating activities (37,966) (17,922)
Cash flows from financing activities:    
Principal payments on notes payable (11,095)
Loans to/from stockholders 41,180 26,505
Net cash provided by financing activities 41,180 15,410
Increase (Decrease) in cash 3,214 (2,512)
Cash at beginning of year 94 2,617
Cash at end of year 3,308 105
Non cash investing and financing activities:    
Expenses paid with common stock 16,800
Notes payable paid by shareholders 11,095
Cash paid for:    
Interest
Income taxes