v3.19.1
Consolidated Statements of Cash Flows - USD ($)
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
CASH FLOWS FROM OPERATING ACTIVITIES    
Net (loss) $ (600,414) $ (243,836)
Adjustments to reconcile net loss to cash used by operating activities:    
Amortization of debt discount 70,465 72,172
Amortization of consulting services prepaid with common stock 0 2,303
Changes in operating assets and liabilities    
(Increase) decrease in accounts receivable 4,700 (38,500)
(Increase) in prepaid expenses (25,283) (1,660)
(Increase) decrease in inventory 1,905 (19,507)
Increase (decrease) in accounts payable (6,248) 19,764
Increase (decrease) in deferred revenue 18,975 (2,295)
Decrease in accounts payable - related parties (36,384) (38,982)
Increase in accrued interest, convertible notes payable - related parties 0 1,123
Increase (decrease) in accrued interest, convertible notes payable 14,830 (424)
Net cash flows (used by) operating activities (557,454) (249,842)
CASH FLOWS FROM INVESTING ACTIVITIES    
Net cash flows provided by investing activities 0 0
CASH FLOWS FROM FINANCING ACTIVITIES    
Proceeds from convertible notes payable 1,142,250 250,000
Principal payments on convertible notes payable - related party 0 (4,486)
Principal payments on convertible notes payable (253,000) 0
Net cash flows provided by financing activities 889,250 245,514
NET CHANGE IN CASH 331,796 (4,328)
CASH - BEGINNING OF PERIOD 91,643 37,041
CASH - END OF PERIOD 423,439 32,713
Schdule of Non-cash Investing and Financing Activities:    
Conversion of convertible notes payable into common stock 0 150,000
Conversion of convertible notes payable - related parties into common stock 0 49,090
Conversion of accrued interest, convertible notes payable into common stock 0 6,813
Conversion of accrued interest, convertible notes payable-related parties into common stock 0 21,939
Conversion of officer wages payable intocommon stock 0 38,500
Issuance of common stock for prepaid consulting fees 0 38,500
Issuance of common stock for accrued expenses 0 13,818
Issuance of convertible note payable to secure line of credit 0 15,000
Recording of premium on convertible debt at stock redemption value 2,323,948 284,063
Amortization to additional paid in capital of premium on convertible notes payable 485,670 23,348
Debt discounts on issuance of convertible notes payable 118,550 0
Cash paid for interest 164,858 2,264
Cash paid for income taxes $ 0 $ 0