XML 14 R5.htm IDEA: XBRL DOCUMENT v3.5.0.2
Consolidated Statement of Cash Flows (Unaudited) - USD ($)
9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
CASH FLOWS FROM OPERATING ACTIVITIES    
Net Loss $ (1,788,081) $ (1,645,086)
Adjustments to reconcile net gain (loss) to net cash used in operating activities    
Depreciation 884
Changes in    
Accounts Payable and Accrued Expenses 232,912 61,113
Accrued Interest 1,185,138 1,177,894
Cash Flows Used In Operating Activities (369,147) (406,079)
CASH FLOWS FROM INVESTING ACTIVITIES    
Due from CEN Ukraine (310,188)
Leasehold Improvements In Progress 7,265 (47,673)
Total Cash Flows Used in Investing Activities (302,923) (47,673)
CASH FLOWS FROM FINANCING ACTIVITIES    
Proceeds From Loans 700,627 413,117
Total Cash Flows Provided by Financing Activities 700,627 413,117
NET CHANGE IN CASH 28,557 (40,635)
Cash, Beginning of Period 3,016 44,433
Cash, End of Period 31,573 3,798
NON-CASH TRANSACTIONS    
Interest Paid
Income Taxes Paid
Accrued Expense reclassified to Notes Payable 105,206
Accrued Interest reclassified to Notes Payable 254,829
Construction in Progress exchanged for Patent 1,096,816
Land exchanged for Patent 1,064,651
Loans Payable exchanged for Patent 202,663
Stock Issuable in exchange for Patent 3
Patent Acquired with above consideration $ 2,364,133