Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Cash Flows (Unaudited)

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Consolidated Statements of Cash Flows (Unaudited) (USD $)
 3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income (loss) from continuing operations $ (16,540) $ (18,649)
Adjustments to reconcile net loss to net cash used by operating activities:    
Common stock issued for services 0 0
Increase (decrease) in accounts payable /accrued expenses 80,031 (7,503)
Increase (decrease) in accrued interest 510 578
(Increase) decrease in other assets 0 2,265
(Increase) decrease in inventory 0 975
NET CASH USED IN OPERATING ACTIVITIES 64,001 (22,334)
CASH FLOWS FROM INVESTING ACTIVITIES    
Acquisition of intangible assets (8,007,031) 0
Purchase of equipment (45,650) 0
NET CASH PROVIDED (USED) IN INVESTING ACTIVITIES (8,052,681) 0
CASH FLOWS FROM FINANCING ACTIVITIES    
Payments on notes receivable 5,000 0
Proceeds from notes payable 4,500 0
Issuance of preferred stock series A 7,722,650 0
Issuance of preferred stock series B 300,727 0
NET CASH PROVIDED BY FINANCING ACTIVITIES 8,032,877 0
NET DECREASE IN CASH 44,197 (22,334)
CASH, BEGINNING OF PERIOD 7,045 107,627
CASH, END OF PERIOD 51,242 85,293
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION    
Interest paid 0 684
Income taxes paid 0 0
SUPPLEMENTAL DISCLOSURE OF NON-CASH ACTIVITIES    
Preferred stock series A & B stock issued in purchase of acquisition assets 8,023,377 0
Common stock issued for services $ 0 $ 0