v3.22.1
Unaudited Consolidated Statements of Cash Flows - USD ($)
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss $ (97,200) $ (50,305)
Adjustment to reconcile net loss to net cash used in operating activities:    
Amortization of debt discount 29,538 31,676
Amortization of intangible assets 2,466
Changes in operating assets and liabilities:    
Accounts payable and accrued expenses 44,235 (588)
Accrued interest 3,500 3,979
Accrued interest - related parties 1,651 1,651
NET CASH USED IN OPERATING ACTIVITIES (15,810) (13,587)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Payments towards intellectual property (30,000)
NET CASH USED IN INVESTING ACTIVITIES (30,000)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from convertible notes 99,999
Principal payments towards notes payable - other (1,000)
Proceeds from notes payable - other 1,000
NET CASH PROVIDED BY FINANCING ACTIVITIES 99,999  
Net increase (decrease) in cash 84,189 (43,587)
Cash, beginning of period 1,207 65,178
Cash, end of period 85,396 21,591
SUPPLEMENTAL CASH FLOW INFORMATION:    
Cash paid for interest
Cash paid for taxes
NON-CASH ACTIVITIES:    
Debt discount on convertible notes payable 65,000
Conversion of convertible note payable to common stock $ 14,000 $ 12,500