XML 16 R6.htm IDEA: XBRL DOCUMENT v3.20.2
UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss $ (2,047,530) $ (1,643,452)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation expense 15,045
Amortization right of use asset 8,001
Amortization of beneficial conversion feature and loan fees 175,606 73,397
Common stock issued for services 178,666 432,114
Common stock issued for a charitable contribution 9,700 32,900
Common stock issued for loan fees 7,500
Gain on disposal of asset (5,500)
Gain on settlement of accounts payable (1,252)
Loss on extinguishment of debt 34,375 5,274
Decrease (increase) in:    
Prepaid expenses and deposits 146,804
Increase (decrease) in:    
Accounts payable and accrued expenses 33,896 (68,450)
Operating lease liabilities (10,710)
Net Cash Used by Operating Activities (1,452,189) (1,171,427)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Application for trademark (675)
Net cash used in investing activities (675)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Increase in bank overdraft (2,919)
Proceeds from the sale of common stock 718,799 1,210,940
Proceeds from the issuance of convertible notes payable 45,000 62,000
Proceeds from the issuance convertible notes payable, related party 161,600 44,100
Payments on convertible notes payable (46,500)
Payments on notes payable (40,000)
Payments to shareholders (5,048)
Net Cash Provided By Financing Activities 885,399 1,262,573
NET INCREASE IN CASH (567,465) 91,146
CASH, BEGINNING OF PERIOD 618,537
CASH, END OF PERIOD 51,072 91,146
Supplemental disclosure of cash flow information:    
Cash paid for interest expense
Cash paid for income taxes
Noncash operating and financing activities:    
Convertible debt and accrued interest converted to common stock 84,086 296,435
Operating lease liabilities and right of use asset (142) 22,572
Beneficial conversion feature on convertible notes payable 202,100 102,975
Stock issued for prepaid services 29,500 164,267
Accounts payable paid with common stock $ 7,500