Quarterly report pursuant to Section 13 or 15(d)

Condensed Statement of Cash Flows (Unaudited)

v3.5.0.2
Condensed Statement of Cash Flows (Unaudited) - USD ($)
6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Cash Flows from Operating Activities:    
Net Loss $ (406,029) $ (147,539)
Adjustments to reconcile net (loss) to net cash used in operating activities:    
Stock based compensation 40
Amortization of Debt Discount 143,190
Changes in operating assets and liabilities    
Prepaid expenses (28,000) (3,151)
Other Receivable-related party (15,000)
Accounts Payable-related party (12,361) 65,000
Accounts Payable and accrued expenses (11,518) 8,946
Accrued interest-related party 40
Net Cash used in Operating Activities (329,718) (76,664)
Net Cash Provided from Investing    
Fixed Assets, net of depreciation (5,474)
Net Cash Used in Investing Activities (5,474)
Cash Flows from Financing Activities    
Proceeds from short term advances-related party 30,610 13,000
Repayments of short-term advances-related party (52,230) (1,105)
Proceeds from Note Payable 500,000
Net Cash Provided by Financing Activities 478,380 11,895
Net Increase (Decrease) in Cash 143,188 (64,769)
Cash-Beginning of Period 19,071 66,158
Cash End of Period 162,259 1,389
Supplemental Disclosures    
Cash paid for interest 573
Cash paid for income taxes