XML 16 R7.htm IDEA: XBRL DOCUMENT v3.19.2
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss $ (681,358) $ (49,539)
Adjustments to reconcile net loss to net cash used by operating activities:    
Depreciation and amortization 25,514 25,514
Loan acquisition costs 24,900 0
Interest on notes payable 31,866 24,025
Debt discount (205,000) 0
Amortization of debt discount 508,396 0
Derivative liability (90,743) 0
Changes in operating assets and liabilities:    
Accounts payable 110,482 0
Accrued liabilities 71,118 0
Net cash used in operating activities (204,825) 0
CASH FLOWS FROM INVESTING ACTIVITIES:    
Investment in patents (48,510) 0
Net cash used in investing activities (48,510) 0
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from convertible notes payable 180,100 0
Payments on convertible notes (24,650) 0
Net cash provided by financing activities 155,450 0
Effect of exchange rate on cash 28,198 0
Net Cash Increase (Decrease) in cash (69,687) 0
Cash, Beginning of period 72,294 0
Cash, End of period 2,607 0
Noncash investing and financing activities    
Stock issued for convertible notes payable and accrued interest 136,769 0
Supplementary Cash Flow Information:    
Interest paid in cash 66,850 0
Taxes paid in cash $ 0 $ 0