Note 14 - Supplemental Statement of Cash Flows Information

12 Months Ended

Dec. 31, 2014

Notes

Note 14 - Supplemental Statement of Cash Flows Information

Note 14 – Supplemental Statement of Cash Flows Information

During the years ended December 31, 2014 and 2013, we paid no amounts for income taxes.

During the years ended December 31, 2014 and 2013, we paid $74,396 and $53,595 for interest expense, respectively.

During the year ended December 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 $477,368 for beneficial conversionfeature 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 $1,127,938.

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

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

·                       Decreased stockholder advances and increased accounts payable by $4,000.

·                       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 $18,189, decreased convertible debentures by $329,251, decreased debt discount by $146,230, decreased derivative liability by $1,014,809, increased common stock by $395,157 and increased additional paid-in capital by $1,401,162 for common shares issuedin conversion of debt.

·                       Decreased accrued interest payable and increased convertible debentures by $45,128 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.

During the year ended December 31, 2013, we had the following non-cash investing and financing activities:

·                       Increased prepaid consulting services by $1,648,655, increased common stock by $1,378, increased unissued common stock by $87, and increased additional paid-in capital by $1,647,190 for shares of common stock issued for consulting services.

·                       Increased common stock and decreased unissued common stock by $60 for the issuance of previously unissued common stock.

·                       Increased additional paid-in capital and decreased unissued common stock by $1 for the cancellation of unissued common stock.

·                       Decreased accrued interest payable by $9,706, decreased derivative liability by $631,405, decreased convertible debentures by $1,496,461, increased common stock by $1,399, increased unissued common stock by $13 and increased additional paid-in capital by $2,136,160 for the issuance of common stock in conversion of debt.

·                       Decreased notes payable by $103,000 and long-term debt by $100,000 and increased convertible debentures by $203,000 for indebtedness exchanged for convertible debentures.

·                       Decreased accrued interest payable by $61,016 and increased convertible debentures by $61,016 for accrued interest exchanged for convertible debentures.

·                       Increased debt discount and derivative liability by $875,662.