Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited)

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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss $ (410,259) $ (313,424)
Change in net loss to net cash used in operating activities:    
Depreciation and amortization expense 299 160
Amortization of debt discount 3,117 19,382
Fair value of stock options vested 4,334 0
Common stock issued for services 561 0
Changes in operating assets and liabilities:    
Other liabilities (1,411) (8,696)
Prepaid expenses and other current assets (5,707) 5,522
Accounts payable and accrued expenses 17,163 55,610
Accounts payable - related party (31,900) 0
NET CASH USED IN OPERATING ACTIVITIES (423,803) (241,446)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchase of fixed assets (1,005) 0
NET CASH USED IN INVESTING ACTIVITIES (1,005) 0
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from convertible notes payable 230,000 43,120
Proceeds from related party loans 75,000 50,000
Payments of related party loans 0 (34,252)
NET CASH PROVIDED BY FINANCING ACTIVITIES 305,000 58,868
NET INCREASE IN CASH (119,808) (182,578)
CASH AT BEGINNING OF THE PERIOD 163,563 297,528
CASH AT END OF THE PERIOD 43,755 114,950
Supplemental Disclosure of Cash Flow Information    
Cash paid for interest 0 0
Cash paid for taxes 0 0
Supplemental Disclosure of Non-Cash Investing and Financing Activities    
Discounts related to warrants issued in connection with convertible debentures 0 277
Financing fees payable to a related party related to the issuance of convertible debentures $ 18,400 $ 0