Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED STATEMENTS OF CASH FLOWS

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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
 12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Operating Activities:    
Net loss $ (595,130) $ (691,734)
Adjustments to reconcile net loss to net cash provided by (used for) operating activities:    
Amortization & depreciation 454
Change in fair value of derivative liabilities (25,456)
Note payable beneficial conversion expense (21,500) 23,750
Stock Options Expense (7,512) 26,229
Stock based compensation 34,750
Changes in assets and liabilities:    
Accounts payable (272,280) 221,678
Stock subscription payable (27,801) 27,815
Accrued interest payable 120,156 (136,726)
Related party payable 615,275 116,391
Notes payable 6,250 321,172
Other payable 16,319 (4,322)
Net cash used for operating activities (131,473) (120,749)
Financing Activities:    
Net proceeds from shares issuances 1,502
Net proceeds from notes payable 137,927 154,315
Net payments from notes payable (27,840)
Net cash provided by financing activities 137,927 127,977
Net Change In Cash 6,454 7,228
Cash At The Beginning Of The Period 7,851 623
Cash At The End Of The Period 14,305 7,851
Schedule Of Non-Cash Investing And Financing Activities    
Debt converted to capital 9,750 1,472,384
Issuances of shares to settle accrued interest 3,900
Gain on forgiveness of debt - related party 108,000
Reclassification of common share equivalents to derivative liabilities 180,038
Shares issued for cash received in prior year 25,000
Supplemental Disclosure    
Cash paid for interest 12,500 13,825
Cash paid for income taxes