Quarterly report pursuant to Section 13 or 15(d)

CONSOLIDATED STATEMENTS OF CASH FLOWS

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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
 3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
CASH FLOWS FROM OPERATING ACTIVIES    
Net income (loss) from continuing operations $ (44,725) $ (58,080)
Adjustments to reconcile net loss to net cash used by operating activities:    
Depreciation 5,150 5,150
Impairment expense 0 0
Loss on asset disposal 0 0
Gain on derivative liability 0 67,017
Accretion debt discount 0 18,887
(Increase) decrease in accounts receivable 0 624
Increase (decrease) in accounts payable/accrued expenses 2,356 (30,552)
NET CASH USED IN OPERATING ACTIVITIES (37,219) 3,046
CASH FLOWS FROM INVESTING ACTIVITIES    
Purchase of equipment 0 0
NET CASH PROVIDED (USED) IN INVESTING ACTIVITIES 0 0
CASH FLOWS FROM FINANCING ACTIVITIES    
Issuance of note receivable 0 0
Issuance of notes payable 32,000 2,400
Net additional funding by related party notes 0 0
NET CASH PROVIDED BY FINANCING ACTIVITIES 32,000 2,400
NET DECREASE IN CASH (5,219) 5,446
CASH, BEGINNING OF PERIOD 6,647 923
CASH, END OF PERIOD 1,428 6,369
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION    
Interest paid 0 0
Income taxes paid 0 0
SUPPLEMENTAL DISCLOSURE OF NON-CASH ACTIVITIES    
Common stock issued for investment 0 2,200,000
Common stock exchanged for debt $ 0 $ 33,400