XML 33 R6.htm IDEA: XBRL DOCUMENT v3.20.1
Statements of Cash Flows - USD ($)
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
CASH FLOWS FROM OPERATING ACTIVITIES    
Net loss $ (46,241) $ (56,663)
Adjustments to reconcile net loss to net cash used by operating activities:    
Amortization of Debt Discount (Premium) 0 5,937
Changes in operating assets and liabilities:    
Accounts payable and accrued interest 35,319 13,295
Accrued interest - related parties 6,035 5,222
Net Cash Used by Operating Activities (4,887) (32,209)
CASH FLOWS FROM INVESTING ACTIVITIES 0 0
CASH FLOWS FROM FINANCING ACTIVITIES    
Proceeds from loans payable - related parties 7,300 0
Net Cash Provided by Financing Activities 7,300 0
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS 2,413 (32,209)
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD 163 121,739
CASH AND CASH EQUIVALENTS AT END OF PERIOD 2,576 89,530
SUPPLEMENTAL DISCLOSURES:    
Cash paid for interest 0 8,500
Cash paid for income taxes 0 0
Non-cash investing and financing activities:    
Amortization to additional paid-in capital of premium on convertible note payable $ 0 $ 74,999