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BreedIT Corp. - Statements of Cash Flows (Unaudited) (USD $)
6 Months Ended
Jun. 30, 2016
USD ($)
Jun. 30, 2015
USD ($)
Operating activities:    
Net loss (676,737) (1,033,827)
Adjustments to reconcile net (loss) to net cash (used in) operating activities:    
Depreciation $ 0 $ 892
Shares issued for services 78,870 114,600
Warrants issued for services 1,407 10,134
Options issued for services 24,727 382,938
Investment accounted for using equity method 0 9,078
Changes in net assets and liabilities:    
Decrease (increase) in prepaid assets $ 35,704 $ 0
Decrease (increase) in other current assets 31,841 (19,229)
(Decrease) increase in accounts payable $ 0 $ (88,307)
(Decrease) increase in accrued expenses 0 7,917
(Decrease) increase in related parties payable $ 0 $ 9,742
(Decrease) increase in deferred revenue (2,804) (2,924)
Other assets 0 (17,469)
Net cash used in operating activities $ (506,992) $ (626,455)
Investing activities:    
Purchases of property and equipment 0 (790)
Net cash used in investing activities $ 0 $ (790)
Financing activities:    
Donated capital - related party 0 13,020
Proceeds from exercise of warrants $ 0 $ 110,000
Proceeds from sale of common stock 515,000 0
Net cash provided by financing activities 515,000 123,020
Foreign currency adjustment 0 (50,757)
Net increase (decrease) in cash $ 8,008 $ (554,982)
Cash and cash equivalents - beginning of period 356,037 1,101,164
Cash and cash equivalents - end of period 364,045 546,182
Non cash transactions:    
Conversion of convertible notes payable and accrued interest 148,856 148,856
Additional information:    
Cash paid for interest expenses 0 0
Cash paid for income taxes 0 0