Note 12 - Supplemental Statement of Cash Flows Information

3 Months Ended

Mar. 31, 2014

Notes

Note 12 - Supplemental Statement of Cash Flows Information

NOTE 12 – SUPPLEMENTAL STATEMENT OF CASH FLOWS INFORMATION

            During the three months ended March 31, 2014 and 2013, we made no cash payments for income taxes.

            During the three months ended March 31, 2014 and 2013, we made cash payments for interest totaling $36,477 and $0, respectively.

            During the three months ended March 31, 2014, we had the following non-cash financing and investing activities:

·         Increased convertible debentures and prepaid consulting services by $60,000.

·         Increased additional paid-in capital and debt discount by $172,908 for beneficial conversion feature of convertible notes payable.

·         Increased common stock and decreased additional paid-in capital by $1 for rounding up of shares in reverse stock split.

·         Increased debt discount and derivative liability by $173,000.

·         Decreased accrued interest payable by $183, decreased convertible debentures by $22,217, decreased debt discount by $8,911, decreased derivative liability by $124,501, increased common stock by $1,730 and increased additional paid-in capital by $147,298 for common shares issued in conversion of debt.

During the three months ended March 31, 2013, we had the following non-cash financing and investing activities:

·         Increased debt discount and derivative liability by $50,301.