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WRAPmail, Inc. - Consolidated Statements of Cash Flows - USD ($)
9 Months Ended 12 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Operating Activities:          
Net loss $ (3,632,902) $ (26,637) $ (26,642) $ (26,642) $ (480,068)
Adjustments to reconcile net loss to net cash used in operating activities:          
Stock-based compensation 1,456,827       180,000
Impairment of goodwill 1,880,518        
Depreciation of property and equipment 805        
Amortization of intangible assets 2,980 303   404 405
Impairment of debt discounts 32,114        
Changes in operating assets and liabilities:          
Accounts receivable (12,909)       2,610
Accounts payable 28,194       82,376
Accrued expenses payable 7,597 286   86 6,285
Net cash used in operating activities (236,776) $ (26,048)   $ (26,152) $ (208,392)
Investing Activities:          
Cash received from acquisition [1] 563  
Intangible assets additions         $ (65)
Investments [2] (11,500)  
Net cash used in investing activities (10,937)       $ (65)
Financing Activities:          
Proceeds received from notes and loans payable 50,000 $ 21,000   $ 21,000 145,000
Repayments of notes and loans payable (40,000)        
Proceeds from sales of common stock 300,000     100,000 50,000
Net cash provided by financing activities 310,000 21,000   121,000 195,000
Increase (decrease) in cash and cash equivalents 62,287 (5,048)   94,848 (13,457)
Cash, beginning of period 100,475 5,627 $ 100,475 5,627 19,084
Cash, end of period 162,762 579   $ 100,475 5,627
Non-cash investing and financing activities:          
Issuance of common stock in satisfaction of debt $ 47,270       $ 319,000
Forgiveness of debt [3] $ 87,242  
Issuance of common stock for acquisition [4] $ 1,998,911  
Issuance of common stock in satisfaction of accrued interest 4,375        
Issuance of common stock in satisfaction of accounts payable 82,376        
Debt discount recognized in connection with issuance of common stock as additional consideration for $50,000 loan $ 47,872        
[1] Cash received from acquisition of Prosperity Systems, Inc.
[2] Investment in Stock Market Manager, Inc.
[3] Forgiveness of debt ($67,000) and accrued interest ($20,242)
[4] Issuance of common stock for acquisition of Prosperity Systems, Inc. (less $563 cash received)