XML 15 R6.htm IDEA: XBRL DOCUMENT v3.5.0.2
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Cash flows from operating activities    
Net cash used in operating activities $ (1,576,790) $ (1,944,093)
Cash flows from investing activities    
Purchase of property and equipment (55,669) (1,604,167)
Net cash used in investing activities (55,669) (1,604,167)
Cash flows from financing activities    
Contribution to subsidiary by non-controlling interest 75,000 1,084,023
Distribution to non-controlling interest holders (115,312) (26,684)
Proceeds from issuance of a promissory note and a related party note 482,500
Payment of long-term debt (438,400)
Payment of notes (50,000)
Payment on promissory notes (25,000)
Proceeds from sale of common stock and warrants 637,113 1,302,166
Proceeds from stock option exercise 50 25
Proceeds from issuance of long-term debt, net 300,771
Proceeds from issuance of promissory notes and warrants 280,000
Net cash (used in) provided by financing activities 590,951 2,915,301
Net decrease in cash and cash equivalents (1,041,508) (632,959)
Cash and cash equivalents, beginning 1,107,330 1,182,099
Cash and cash equivalents, ending $ 65,822 $ 549,140