v3.19.3
Consolidated Statements of Cash Flows (Unaudited) - USD ($)
9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
CASH FLOWS FROM OPERATING ACTIVITIES    
Net (loss) $ (1,724,983) $ (786,455)
Adjustments to reconcile net loss to cash used by operating activities    
Amortization of debt discount 263,036 168,854
Amortization of consulting services prepaid with common stock 13,818
Changes in operating assets and liabilities    
(Increase) in accounts receivable (61,310) (10,800)
(Increase) in prepaid expenses (4,258) (10,726)
(Increase) in pre-production costs (148,000)
(Increase) in deferred costs (7,889)
(Increase) decrease in inventory (11,711) (18,498)
Increase (decrease) in accounts payable (100,321) 31,044
Increase (decrease) in deferred revenue 46,958 (4,215)
Decrease in accounts payable - related parties (5,411) (90,715)
Increase in accrued interest, convertible notes payable -related parties 2,781
Increase in accrued interest, convertible notes payable 83,564 11,882
Net cash flows (used by) operating activities (1,670,325) (693,030)
CASH FLOWS FROM INVESTING ACTIVITIES
CASH FLOWS FROM FINANCING ACTIVITIES    
Proceeds from sale of common stock and exercise of warrants 82,625
Proceeds from convertible notes payable 2,349,050 902,700
Principal payments on convertible notes payable (751,000) (145,486)
Net cash flows provided by financing activities (1,598,050) 839,839
NET CHANGE IN CASH (72,275) 146,809
CASH - BEGINNING OF PERIOD 91,643 37,041
CASH - END OF PERIOD 19,368 183,850
Schedule of Non-cash Investing and Financing Activities:    
Conversion of convertible notes payable into common stock 130,904 427,775
Conversion of convertible notes payable - related parties into common stock 79,590
Conversion of accrued interest, convertible notes payable into common stock 6,025 13,835
Conversion of accrued interest, convertible notes payable-related parties into common stock 27,487
Conversion of officer wages payable into common stock 38,500
Issuance of common stock for accrued expenses 13,818
Issuance of common stock for a finder's fee 15,000
Issuance of convertible note payable to secure line of credit 50,000
Common stock subscribed 64,236
Recording of premium on convertible debt at stock redemption value 3,366,586 1,142,215
Amortization to additional paid in capital of premium on convertible notes payable 2,390,971 582,841
Debt discounts on issuance of convertible notes payable 279,350 318,115
Forgiveness of related party debt 6,022
Returnable shares issued 137,348
Cash paid for Interest 657,239 32,034
Cash paid for Income taxes