v3.4.0.3

Supplemental Disclosure of Cash Flow Information (Tables) | 12 Months Ended
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Dec. 31, 2015
Supplemental Disclosure Of Cash Flow Information Tables |
Summary of Supplemental Disclosures of Cash Flow Information | The following is a summary of supplemental disclosures of cash flow information:
|  | 2015 |  |  | 2014 |
Cash paid during the year for the following: |  |  |  |  |  |  |  |
Interest |  | $ | — |  |  | $ | — |
Income taxes |  |  | — |  |  |  | — |
Supplemental schedule of non-cash investing and financing activities: |  |  |  |  |  |  |  |
Debentures converted into common stock |  |  | 986,601 |  |  |  | 1,870,279 |
Debt discounts on convertible notes payable |  |  | 4,620,000 |  |  |  | 463,000 |
Reduction in value of conversion features of convertible debt from conversions |  |  | 30,963 |  |  |  | — |
Investment in joint venture via contribution of intellectual property |  |  | 4,000,000 |  |  |  | — |
Forgiveness of affiliate receivable charged against paid-in capital |  |  | 480,625 |  |  |  | — |
Acquisition of subsidiaries |  |  | — |  |  |  | 1,761,345 |
Note payable paid by a third party |  |  | — |  |  |  | 94,500 |
Other issue discount |  |  | — |  |  |  | 90,000 |
Acquisition of Lexi Luu: |  |  |  |  |  |  |  |
Cash acquired |  |  | — |  |  |  | 170 |
Other assets acquired |  |  | — |  |  |  | 778,533 |
Liabilities assumed |  |  | — |  |  |  | (358,703 | )
Earn-out contingent liability |  |  | — |  |  |  | (120,000 | )
3,000,000 common shares issued |  |  | — |  |  |  | (300,000 | )
Acquisition of E-motion Apparel |  |  |  |  |  |  |  |
Cash acquired |  |  | — |  |  |  | (497 | )
Other assets acquired |  |  | — |  |  |  | 245,092 |
Liabilities assumed |  |  | — |  |  |  | (196,595 | )
Earn-out contingent liability |  |  | — |  |  |  | (48,000 | )
|  |  | — |  |  |  | - |
Acquisition of GreenShift and its subsidiaries: |  |  |  |  |  |  |  |
Cash acquired |  |  | 587,021 |  |  |  | — |
Other assets acquired |  |  | 1,494,740 |  |  |  | — |
Liabilities assumed |  |  | (41,797,563 | ) |  |  | — |
Excess of carrying value of consideration given, recorded against non-controlling interest, additional paid in capital and accumulated deficit |  |  | 42,216,802 |  |  |  | — |
Total non-cash consideration (below) |  |  | (2,501,000 | ) |  |  |  |
Note payable issued |  |  | 2,500,000 |  |  |  |  |
Issuance of Series E Preferred Stock |  |  | 200 |  |  |  | — |
Issuance of Series F Preferred Stock |  |  | 800 |  |  |  | — |
Acquisition of Punkz Gear: |  |  |  |  |  |  |  |
Cash acquired |  |  | 16,526 |  |  |  | — |
Other assets acquired |  |  | 8,276 |  |  |  | — |
Liabilities assumed |  |  | (740 | ) |  |  | — |
Excess of carrying value of note payable issued over net assets received and recorded as additional paid in capital |  |  | (175,938 | ) |  |  | — |
Note payable issued |  |  | (200,000 | ) |  |  | — |
Acquisition of Skipjack: |  |  |  |  |  |  |  |
Cash acquired |  |  | 1,502 |  |  |  | — |
Other assets acquired |  |  | 35,494 |  |  |  | — |
Liabilities assumed |  |  | (21,747 | ) |  |  | — |
Excess of carrying value of note payable issued over net assets received and recorded as additional paid in capital |  |  | (84,751 | ) |  |  | — |
Note payable issued |  |  | (100,000 | ) |  |  | — |

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