v3.10.0.1
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
CASH FLOWS FROM OPERATING ACTIVITIES    
Net (Loss) from continuing operations $ (5,712,049) $ (2,665,651)
Adjustments to reconcile net income (loss) to net cash (used in) provided by operating activities:    
Depreciation 59,730 127,637
Loss (gain) from disposal of fixed assets (874) 0
Loss (gain) from impairment of goodwill 1,459,725 932,529
Loss (gain) on extinguishment of debt 0 45,933
Amortization of loan discount 765,901 300,333
Change in value of derivative liability 1,317,018 (154,963)
Stock based compensation 87,472 398,939
Warrants expense 0 89,779
Convertible note issued for conversion cost reimbursement 18,880 5,000
Other Income 16,338 0
Convertible note issued for services rendered 0 80,000
(Increase) decrease in:    
Accounts receivable 61,898 (76,924)
Inventory 43,849 (4,699)
Deposits 0 (5,422)
Prepaids and other (35,288) 10,005
Other assets 345,274 0
Intangible assets 15,561 0
Increase(decrease) in:    
Accounts payable (74,993) 29,539
Accrued expenses 135,910 (246,240)
Accrued expenses- related party 0 625,600
Interest payable 169,896 72,774
Taxes payable (4,500) (6,079)
Accrued payroll taxes 39,149 1,140
Accrued officers' salaries 290,000 0
Other liabilities - deferred revenue 112,893 0
Net cash used in operating activities (888,210) (440,770)
INVESTING ACTIVITIES    
Purchase of intangible 0 (5,000)
Purchase of fixed assets (852,000) 0
Disposal (Purchase) of fixed assets 91,847 (9,468)
Net cash provided by (used in) investing activities (760,153) (14,468)
FINANCING ACTIVITIES    
Due from related party 0 9,135
Due to related party 100,806 0
Proceeds from sales of stock 0 40,000
Due to shareholder 0 0
Proceeds from convertible notes payable 890,605 465,000
Proceeds from notes payable - related party 27,393 0
Repayments of convertible notes payable 0 (10,000)
Repayments of notes payable 607,329 (33,974)
Proceeds from line of credit 0 9,838
Repayments to line of credit (9,343) 0
Net cash provided by financing activities 1,616,790 479,999
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS (31,573) 24,760
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD 230,407 62,948
CASH AND CASH EQUIVALENTS, END OF PERIOD 198,834 87,708
SUPPLEMENTARY DISCLOSURE OF CASH FLOW INFORMATION    
Cash paid during the period for Interest 73,858 5,140
NON-CASH INVESTING AND FINANCING ACTIVITIES:    
Common stock issued upon conversion of notes payable 575,672 62,199
Common stock issued for settlement of accrued expense 240,000 1,415,600
Series H Preferred Stock issued for Repicci Group 0 728,907
Conversion of preferred stock to common stock 5,097 9,141
Derivative Resolution upon conversion 1,295,485 1,211,794
Goodwill 2,092,048 0
Debt discount from derivative liabilities $ 675,792 $ 0

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