Quarterly report pursuant to Section 13 or 15(d)

CONSOLIDATED STATEMENTS OF CASH FLOWS

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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
CASH FLOWS FROM OPERATING ACTIVIES    
Net income (loss) from continuing operations $ (93,308) $ (120,504)
Adjustments to reconcile net loss to net cash used by operating activities :    
Depreciation 10,300 10,300
Impairment expense 0 0
Loss on asset disposal 0 0
Gain on derivative liability 0 65,902
Accretion debt discount 0 40,507
(Increase) decrease in accounts receivable 0 580
Increase (decrease) in accounts payable/accrued expenses 24,064 (61,003)
NET CASH USED IN OPERATING ACTIVITIES (58,944) (64,218)
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 62,000 64,000
Net additional funding by related party notes 0 1,837
NET CASH PROVIDED BY FINANCING ACTIVITIES 62,000 65,837
NET DECREASE IN CASH 3,056 1,619
CASH, BEGINNING OF PERIOD 6,647 923
CASH, END OF PERIOD 9,703 2,542
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