Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Cash Flows

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Consolidated Statements of Cash Flows - USD ($)
 12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Cash Flows from Operating Activities    
Net Loss $ (1,134,655) $ (365,900)
Adjustments to reconcile net loss to net cash used in operations    
Stock issued for services 40
Depreciation Expense 1,327
Amortization of Debt Discount 421,047 1,775
Changes in Operating Assets and Liabilities    
Prepaid expenses (33,122) (3,151)
Accounts Payable and Accrued Expenses 58,350 34,955
Accounts Payable-related party 51,980 129,679
Net Cash used in Operating Activities (635,073) (202,602)
Cash Flows from investing activities    
Purchase of Equipment (9,980)
Purchase of investments (2,000)
Net Cash Used in Investing Activities (11,980)
Cash Flows from Financing Activities    
Proceeds from Convertible Notes Payable-related party 120,000
Proceeds from Convertible Notes Payable 500,000 25,000
Proceeds of short term advances-related party 120,000 57,735
Repayments of Loan -related party, net (20,961) (37,220)
Sale of Common Stock, net 0 110,000
Net Cash Provided by Financing Activities 644,039 155,515
Net Cash decrease for the year (3,014) (47,087)
Net Cash beginning of the year 19,071 66,158
Net Cash end of the year 16,057 19,071
Supplemental Disclosure of Cash flow information:    
Cash Paid For Interest expense 2,454
Cash Paid for Income Taxes
Supplemental disclosure of non-cash investing and financing activities:    
Debt discount on convertible notes payable $ 611,428 $ 19,965