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Innovative Product Opportunities Inc. - Statements of Cash Flows - USD ($)
9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Cash flows from operating activities:    
Net loss for the period $ (417,619) $ (15,841,028)
Adjustments to reconcile net loss to cash used in operating activities:    
Depreciation and amortization 173 173
Bad debt 8,250  
Stock issued for services and salary 258,322 6,507,800
Loss on debt settlement   12,027
Loss on issuance of stock-based compensation   8,910,300
Accretion of debt discount 51,313 290,667
Changes in operating assets and liabilities:    
Increase in accounts receivable (15,127) (8,774)
Decrease in prepaid expenses 2,000  
Increase in deferred revenue 10,288  
Decrease in customer deposit   (65,000)
Increase in accounts payable and accrued liabilities 89,942 138,478
Decrease in accrued interest   (967)
Net Cash (used in) operating activities (12,458) (56,324)
Cash Flows From Financing Activities:    
Advances 30,121 16,334
Repayment of advances (6,506)  
Advances of related party 21,758 9,117
Repayment of advances by related party (15,764)  
Proceeds from notes payable   29,572
Net Cash provided by financing activities 29,609 55,023
Net change in cash 17,171 (1,301)
Cash, beginning of period   1,994
Cash, end of period $ 17,151 $ 693
Supplemental cash flow information:    
Interest paid
Taxes paid
Supplemental schedule of non-cash investing and financing activities:    
Conversion of notes payable for common stock   $ 106,420
Debt discount recorded in connection with convertible notes   $ 357,750