v3.19.1
CONDENSED STATEMENTS OF CASH FLOWS - USD ($)
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Net Income (loss) from continuing operations $ (53,298) $ 0
Adjustments to reconcile net income from continuing operations to net cash provided by operating activities:    
Accretion of discount on convertible note payable 43,381 0
Amortization of debt issuance costs included in interest expense 1,000 0
Changes in operating assets and liabilities    
Interest receivable from affiliated company (6,275) 0
Accrued interest 15,192 0
Net cash provided by (used in) operating activities - continuing operations 0 0
Net cash provided by (used in) operating activities - discontinued operations 92,464 467,324
Net cash provided by operating activities 92,464 467,324
Investing Activities:    
Note receivable in anticipation of merger (736,000) 0
Net cash provided by (used in) investing activities - continuing operations (736,000) 0
Net cash provided by (used in) investing activities - discontinued operations (77,492) (7,239)
Net cash provided by (used in) investing activities (813,492) (7,239)
Financing Activities:    
Proceeds from borrowings on convertible note payable 739,000 0
Payments of loan origination fees (3,000) 0
Net cash provided by (used in) financing activities – continuing operations 736,000 0
Net cash provided by (used in) financing activities – discontinued operations (14,972) (402,564)
Net cash provided by (used in) financing activities 721,028 (402,564)
Net increase (decrease) in cash 0 57,521
Cash, beginning of period 0 32,761
Cash, end of period 0 0
Interest 0 1,452
Income taxes 0 29,624
Vehicle purchased through auto loan 0 22,789
Loan paid by vehicle trade-in 0 6,130
Loss on conversion 101,111  
Conversion of Line of credit, officers to shares of common stock $ 144,445 $ 0