v3.4.0.3
Consolidated Statements of Operations - USD ($)
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Revenue:    
Agriculture Segment $ 9,466,988
Lifestyle Segment 402,818 $ 394,511
Total revenue 9,869,806 $ 394,511
Cost of goods sold:    
Agriculture Segment 2,940,418
Lifestyle Segment 325,191 $ 209,329
Loss on inventory valuation 236,896
Gross Profit 6,367,301 $ 185,182
Operating expenses:    
Sales, general and administrative expenses 7,690,373 944,420
Research and development 358,939 428,122
Total operating expenses 8,049,312 1,372,542
Income (loss) from operations (1,682,011) (1,187,360)
Other Income (Expense)    
Gain (loss) on extinguishment of debt 21,815,177 (42,778)
Other income (expense) (1,005,116) $ 24,476
Impairment of loan (25,979)
Equity loss from investee (643,320)
Change in fair value of derivative instruments 4,120,754
Change in fair value of derivative instruments – affiliate (204,444) $ (2,044,298)
Interest expense (5,842,057) (791,681)
Total other income (expense), net 18,215,015 (2,854,281)
Income (loss) before provision for income taxes 16,533,004 $ (4,041,641)
Provision for income taxes (146,477)
Net Income (loss) 16,386,527 $ (4,041,641)
Net income (loss) attributable to non-controlling interest 3,132,259 (1,519)
Net income (loss) attributable to Company 13,254,268 $ (4,040,122)
Preferred Stock dividends (244,504)
Net income (loss) attributable to common shareholders $ 13,009,764 $ (4,040,122)
Weighted average common shares outstanding, basic 5,722,789,471 856,939,107
Weighted average common shares outstanding, diluted 229,038,618,381 856,939,107
Earnings (Loss) per Share - Basic:    
Income (loss) from continuing operations $ 0.00 $ (0.00)
Net income (loss) per share – basic 0.00 (0.00)
Earnings (Loss) per Share - Diluted:    
Income (loss) from continuing operations 0.00 (0.00)
Net income (loss) per share – diluted $ .00 $ (0.00)