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WRAPmail, Inc. and Subsidiary - Consolidated Statements of Cash Flows - USD ($)
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Operating Activities:    
Net loss $ (665,050) $ (3,591,723)
Adjustments to reconcile net loss to net cash used in operating activities:    
Stock-based compensation 30,000 1,203,290
Impairment of goodwill   1,994,641
Expense from derivative liability 198,438  
Depreciation of property and equipment 3,267 2,201
Amortization of intangible assets 3,974 3,974
Amortization of debt discount 50,315 47,872
Gain on sale of company [1] (27,500)
Bad debt expense 31,666  
Changes in operating assets and liabilities:    
Accounts receivable, increase decrease (20,935) (9,037)
Prepaid expenses, increase decrease 7,171 (4,077)
Security deposit, increase decrease   (11,687)
Accounts payable, increase decrease 64,469 27,287
Accrued officers compensation, increase decrease 134,750  
Other accrued expenses payable, increase decrease 19,505 27,344
Net Cash Used in Operating Activities (142,430) (337,415)
Investing Activities:    
Cash received from acquisition [2] 563
Intangible assets additions   67
Fixed assts additions   (18,817)
Investment in Company [3] (11,500)
Net Cash Used in Investing Activities   (29,687)
Financing Activities:    
Proceeds received from notes and loans payable 154,250 50,000
Repayments of notes and loans payable   (65,000)
Proceeds from sale of common stock   300,000
Net Cash Provided by Financing Activities 154,250 285,000
Increase (decrease) in cash and cash equivalents 11,820 (82,102)
Cash and cash equivalents, beginning of period 18,373 100,475
SUPPLEMENTAL CASH FLOW INFORMATION:    
Income taxes paid
Interest paid
NON-CASH INVESTING AND FINANCING ACTIVITIES:    
Issuance of common stock in satisfaction of debt   47,270
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 47,174 82,376
Debt discount recognized in connection with ssuance of common stock as additional consideration for a $50,000 loan   47,872
Receipt of note receivable [5] $ 39,000
[1] Gain on sale of 50% interest in Stock Market Manager, Inc.
[2] Cash received from acquisition of Prosperity Systems, Inc.
[3] Investment in Stock Market Manager, Inc.
[4] Issuance of common stock for acquisition of Prosperity Systems, Inc. (less $563 cash received)
[5] Receipt of note receivable in connection with sale of 50% interest in Stock Market Manager, Inc.