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Note 14 - Supplemental Statement of Cash Flows Information
12 Months Ended
Dec. 31, 2015
Notes  
Note 14 - Supplemental Statement of Cash Flows Information

Note 14 – Supplemental Statement of Cash Flows Information

 

During the years ended December 31, 2015 and 2014, we paid no amounts for income taxes.

 

During the years ended December 31, 2015 and 2014, we paid $174,458 and $74,396 for interest expense, respectively.

 

During the year ended December 31, 2015, we had the following non-cash financing and investing activities:

 

·          Increased additional paid-in capital and debt discount by $407,613 for beneficial conversion feature of convertible notes payable.

 

·          Increased debt discount and derivative liability by $1,227,524.

 

·          Decreased stockholder advances and increased convertible debentures by $128,460.

 

 

·          Increased accounts payable and accrued expenses by $275,597, decreased accrued interest payable by $35,035, decreased convertible debentures by $311,769, decreased debt discount by $92,339, decreased derivative liability by $1,364,115, increased common stock by $653,395 and increased additional paid-in capital by $591,763 for common shares issued in conversion of debt.

 

·          Decreased accrued interest payable and increased convertible debentures by $25,293.

 

·          Decreased notes payable and increased convertible debentures by $10,000.

 

·          Decreased common stock and increased additional paid-in capital by $25,000.

 

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 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 $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 issued in 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.