Quarterly report pursuant to Section 13 or 15(d)

Statements of Cash Flows

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Statements of Cash Flows - USD ($)
 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Cash flows from operating activities:    
Net (loss) $ (146,366) $ (545,150)
Net Income (loss) attributed to noncontrolling interest 128,805 (184,948)
Adjustments to reconcile net (loss) to net cash provided by operating activities    
Depreciation expense 99,686
Amortization of intangible asset 13,333
Unrealized loss on trading securities 314 375
Unrealized gain on trading securities (702) (480)
Fair value of stock options issued 77,820
Accounts receivable (287,788) (105,728)
Other current assets (388) 500
Prepaid expense (9,800)
Due from related party 74,608 (9,843)
Due from third party (246,600) (293,926)
Due to related party (85,658)
Deposits (33,051)
Acounts payable and accrued expenses 414,279 471,081
Accounts payable related party 93,117 173,458
Other payable (5,000)
Net cash provided by (used in) operating activities: 28,507 (436,559)
Notes receivable issued to third party (2,008)
Investment in third party (77,500)
Purchase of fixed assets (1,500,773) (2,307,426)
Net cash (used in) investing activities: (1,502,781) (2,384,926)
Proceeds from note payable 950,000 1,525,000
Distributions to investors (186,429)
Bank line of credit 898,257
Proceeds from Mia Dev Class A shares 350,000
Net cash provided by financing activities 1,661,828 1,875,000
Net increase/(decrease) in cash and cash equivalents 187,556 (946,485)
Cash and cash equivalents beginning of period 160,859 988,268
Cash and cash equivalents end of period 348,414 41,782
Non-cash financing activities:    
Common stock issued for accrued expenses
Cash paid during the period for:    
Interest 106,477
Income taxes
Non-cash Activities    
Issuance of Equity to retire interest payable 39,332
Issuance of Equity to retire note payable $ 550,000