Quarterly report pursuant to Section 13 or 15(d)

CONSOLIDATED STATEMENTS OF CASH FLOWS

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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income (loss) from continuing operations $ (2,497,896) $ (255,120)
Adjustments to reconcile net loss to net cash used by operating activities:    
Depreciation 12,220 15,450
Compensation issued in stock 0 67,576
Impairment expense 2,261,144 0
Loss on asset disposal 69,914 0
Gain on derivative liability 59,117 0
Accretion debt discount 40,507 0
Increase (decrease) in accounts receivable (neg}   (23,621)
Increase (decrease) in accounts payable /accrued expenses (56,747) 194,024
NET CASH USED IN OPERATING ACTIVITIES (111,741) (1,691)
CASH FLOWS FROM INVESTING ACTIVITIES    
Purchase of equipment 0 (206,330)
NET CASH PROVIDED (USED) IN INVESTING ACTIVITIES 0 (206,330)
CASH FLOWS FROM FINANCING ACTIVITIES    
Issuance of note receivable 0 5,000
Issuance of notes payable 79,000 135,000
Additional funding by related party notes 44,822 68,144
NET CASH PROVIDED BY FINANCING ACTIVITIES 123,822 208,144
NET DECREASE IN CASH 12,081 123
CASH, BEGINNING OF PERIOD 923 7,045
CASH, END OF PERIOD 13,004 7,168
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION    
Interest paid 0 0
Income taxes paid 0 0
Preferred stock series A & B stock issued in purchase of acquisition assets 0 8,023,377
Common stock issued for investment 2,200,000 0
Common stock exchanged for debt 33,400 62,570
Common stock issued for services 0 67,576
Treasury stock issued for debt $ 0 $ 45,320