XML 17 R4.htm IDEA: XBRL DOCUMENT v3.21.2
Statement of Cash Flows - USD ($)
11 Months Ended 12 Months Ended
Dec. 31, 2018
Dec. 31, 2019
CASH FLOWS FROM OPERATING ACTIVITIES    
NET LOSS $ (719,989) $ (1,714,109)
Items to reconcile net loss to net cash used in operating activities:    
Prepayment penalty 12,500 30,000
Amortization of debt discount 5,250 69,655
Shares issued for services 0 186,023
Increase in inventory (139,140) (13,190)
(Increase) / decrease in accounts receivable (6,860) 6,860
(Increase) / decrease in prepaid expenses (2,928) 290
Decrease in accounts payable - Related party 230,752 74,758
Increase in accounts payable 115,957 165,646
Net Cash Used in Operating Activities (504,458) (1,194,067)
CASH FLOWS FROM INVESTING ACTIVITIES    
Effect of Acquisition 14,447 0
Net Cash Provided by Financing Activities 14,447 0
CASH FLOWS FROM FINANCING ACTIVITIES    
Payments on notes payable 0 (150,000)
Payments on convertible notes payable 0 (82,875)
Proceeds from notes payable related party 97,637 2,000
Proceeds from notes payable 132,000 150,000
Proceeds from convertible notes payable 0 337,500
Proceeds from Sale of stock 260,500 954,200
Net Cash Provided by Financing Activities 490,137 1,210,825
Increase (Decrease) in Cash 126 16,758
Cash and Cash Equivalents, at Carrying Value, Beginning Balance 0 126
Cash and Cash Equivalents, at Carrying Value, Ending Balance $ 126 $ 16,884