XML 15 R6.htm IDEA: XBRL DOCUMENT v3.3.1.900
Consolidated Statement of Cash Flows - USD ($)
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
CASH FLOWS FROM OPERATING ACTIVITIES    
Net (Loss) $ (159,232) $ (460,485)
Adjustments to reconcile net (loss) to net Cash (used) provided by operating activities    
Depreciation 43,748 56,975
Deferred tax benefit (13,200) (17,200)
Stock compensation expense 77,300 45,000
Common stock issued for services 65,000 $ 80,500
Gain on sale of Adiuvo Investment S.A. stock (127,261)
Changes in Assets And Liabilities    
Trade accounts receivable $ (139,466) $ 62,505
Legal settlement proceeds receivable 132,000
Inventory $ (20,043) 45,187
Accounts payable and accrued expenses (21,970) 88,957
Net Cash (Used) provided by Operating Activities (295,124) $ 33,439
CASH FLOWS FROM INVESTING ACTIVITIES    
Proceeds from sale of Adiuvo Investment S.A. stock $ 127,261
CASH FLOWS FROM FINANCING ACTIVITIES    
Deposit payable $ (100,000)
Increase in notes payable $ 305,000 67,000
Repayment of note payable (147,000) $ (80,000)
Purchase of Company stock (10,800)
Investment in subsidiary by noncontrolling interest 178,152
Net Cash Provided (Used) by Financing Activities 325,352 $ (113,000)
Net increase (decrease) in cash 157,489 (79,561)
Cash at beginning of the year 75,495 155,056
Cash at end of the year 232,984 75,495
Supplemental Schedule of Non-Cash Investing and Financing Activities    
Cash paid for interest 28,976 $ 4,683
Issuance of company stock for notes and other payables $ 170,068