XML 16 R6.htm IDEA: XBRL DOCUMENT v3.7.0.1
Statement of Cash Flow - USD ($)
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
CASH FLOWS FROM OPERATING ACTIVITIES    
Net loss $ (418,339) $ (13,891)
Adjustments to reconcile net loss to net cash used in operating activities:    
Expenses paid by related party on behalf of Company 17,335
Common stock issued for compensation 4 1
Amortization of debt discount (16,000)
Non-cash interest, convertible loan 231,973
Loss on change in fair value derivative liability 276
Changes in operating assets and liabilities:    
Accounts payable and accrued expenses 27,761 750
NET CASH USED IN OPERATING ACTIVITIES (124,990) (13,140)
CASH FLOWS FROM INVESTING ACTIVITIES
CASH FLOWS FROM FINANCING ACTIVITIES    
Proceeds from convertible note issuance 100,000 13,140
Proceeds from exercise of warrants 24,990
NET CASH PROVIDED BY FINANCING ACTIVITIES 124,990 13,140
NET INCREASE (DECREASE) IN CASH
Cash, beginning of year
Cash, end of year
SUPPLEMENTAL DISCLOSURES:    
Interest paid
Income taxes paid
Non-Cash Investing and Financing Activities:    
Related party convertible loans cancelled and reclassified to paid-in capital 30,475
Debt discount on issuance of convertible note 100,000
Initial derivative liability on debt $ 331,973