XML 60 R5.htm IDEA: XBRL DOCUMENT v3.3.0.814
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOW (UNAUDITED) - CAD
9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss for the period CAD (7,714,587) CAD (6,939)
Adjustments to reconcile net (loss) to net cash (used in) operating activities:    
Depreciation and amortization 25,034
Amortization of deferred financing fees 9,536
Non-cash interest charges 261,612
Amortization of original issue discount 14,855
Legal fees incurred deducted from proceeds of notes payable 24,250
Liability for shares to be issued for legal settlement 160,000
Gain on warrant conversion (84,577)
Loss on conversion of debt to equity 174,752
Fair value adjustment in derivative liabilities 60,193
Common stock/stock options issued or to be issued for services rendered 5,547,305
Change in assets and liabilities    
(Increase) decrease in prepaid expenses and deposits (407,019)
(Increase) in accounts receivable (43,481)
(Increase) in inventory (235,764)
Increase in accounts payable and accrued expenses 324,259 CAD 5,869
Total adjustments 5,908,198 5,869
Net cash (used in) operating activities (1,806,389) CAD (1,070)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds received from convertible notes CAD 770,250
Net member contributions CAD 400
Repayments of notes payable CAD (190,000)
Proceeds from promissory notes - related party 525,000
Proceeds to retire debt in excess of face value (62,243)
Cash paid to purchase price adjustments and derivate rights on stock (180,000)
Proceeds received for common stock and liability for stock to be issued 1,047,270
Net cash provided by financing activities 1,910,277 CAD 400
NET INCREASE (DECREASE) IN CASH 103,888 (670)
CASH - BEGINNING OF PERIOD 13,346 CAD 670
CASH - END OF PERIOD 117,234
Cash paid during the period for:    
Interest CAD 11,726 CAD 1,423
Income taxes
SUPPLEMENTAL NON-CASH ACTIVITY:    
Common stock issued for mining rights
Deferred compensation for common stock
Issuance of common stock and warrants for prepaid expenses CAD 518,200
Reverse Merger of Breathe LLC    
Accumulated deficit 7,733,077  
Prepaid expenses 191,584
Fixed assets 138,049
Mining rights 1,035,818
Accounts payable (111,275)
Asset retirement obligation (107,749)
Note payable (125,451)
Accumulated comprehensive income 114,446  
Due to Company 221,159
Adjustment to APIC 9,089,658
Shares received in TAUG for commercialization of product 100,000
Common shares issued for investment in Tauriga 100,000
Original issue discount netted from convertible notes 40,000
Inventory purchased through issuance of common stock 22,500
Common shares issued for conversion of debt CAD 324,385