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Note 13 - Supplemental Statement of Cash Flows Information
9 Months Ended
Sep. 30, 2014
Notes  
Note 13 - Supplemental Statement of Cash Flows Information

NOTE 13 – SUPPLEMENTAL STATEMENT OF CASH FLOWS INFORMATION

 

            During the nine months ended September 30, 2014, we made no cash payments for income taxes.

 

            During the nine months ended September 30, 2014 and 2013, we made cash payments for interest totaling $64,277.

 

            During the nine months ended September 30, 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 $730,073 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 $760,002.

 

·         Decreased unissued common stock and increased common stock by $99.

 

·         Decreased stockholder advances and increased convertible debentures by $50,000.

 

·         Increased prepaid consulting services by $2,038,345, increased common stock by $51,850 and increased additional paid-in capital by $1,986,495 for common shares issued for services.

 

·         Decreased accrued interest payable by $5,267, decreased convertible debentures by $140,463, decreased debt discount by $69,700, decreased derivative liability by $475,341, increased common stock by $41,828 and increased additional paid-in capital by $1,040,828 for common shares issued in conversion of debt.

 

·         Decreased accrued interest payable and increased convertible debentures by $30,731 for accrued interest payable added to debt principal.

 

·         Increased Series BB Preferred stock by $186, decreased common stock by $23,250 and increased additional paid-in capital by $23,064 for issuance of Series BB Preferred shares for common shares.