v3.19.2
Unaudited Condensed Consolidated Statements of Cash Flows - USD ($)
6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Cash Flows from Operating Activities    
Net loss from continuing operations $ (1,026,070) $ (371,654)
Loss from discontinued operations (207,515) (350,693)
Adjustments to reconcile net loss to net cash used in operating activities from continuing operations:    
Depreciation expense 6,120  
Amortization of debt discount 36,286 110,948
Common stock issued for services 148,500 184,670
Stock based compensation 425,250  
Changes in Assets and Liabilities (Increase) Decrease in:    
Accounts receivable (37,670)  
Prepaid expenses and other assets (13,681)  
(Decrease) Increase in:    
Accounts payable and accrued expenses 97,975  
Net cash used in operating activities from continuing operations (570,805) (426,729)
Net cash used in operating activities from discontinued operations 69,082 139,172
Net cash used in operating activities (501,723) (287,557)
Cash Flows from Investing Activities    
Purchases of property and equipment (357,386)  
Net cash used in investing activities from continuing operations (357,386)  
Net cash used in operating activities from discontinued operations   (618)
Net cash used in operating activities (357,386) (618)
Cash Flows from Financing Activities    
Proceeds from loans payable - related parties 217,700  
Repayments of loans payable - related parties (260,000)  
Repayment of convertible debt (50,000)  
Proceeds from loan payable from stockholder 64,000  
Proceeds from loans payable - bank 905,000  
Proceeds from issuance of convertible notes   217,500
Repayment of loan payable to bank   (4,170)
Advances from related party   16,000
Advances from (repayment of shareholders loans)   65,466
Net cash provided by financing activities 876,700 294,796
Net increase in cash 17,591 6,621
Cash beginning of period 4,532 87,102
Cash end of period 22,123 93,723
Supplemental cash flows disclosures:    
Interest paid   930
Taxes paid 0 0
Non-Cash Financing and Investing Activities    
Conversion of loan payable from stockholder into common shares 64,000  
Conversion of convertible note payable into common shares $ 36,000  
Fair value of warrants issued in conjunction with convertible notes   155,742
Transfer of notes payable due to related party to convertible notes payable   68,000
Common shares issued for services relating to leasehold improvements   15,674
Common shares issued for payment of notes payable   $ 22,750

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