Annual report pursuant to Section 13 and 15(d)

Statements of Cash Flows

v3.7.0.1
Statements of Cash Flows - USD ($)
 12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Cash flows from operating activities:    
Net (loss) $ (198,852) $ (1,215,334)
Net loss attributed to noncontrolling interest 520,017 (631,569)
Adjustments to reconcile net (loss) to net cash provided by operating activities    
Depreciation expense 265,746 839,336
Amortization of intangible asset 366,667
Unrealized loss on trading securities 434 3,838
Unrealized gain on trading securities (702) (480)
Equity compensation 163,574 45,946
Accounts receivable & deferred rent receivable (601,507) (473,415)
Due from - related party (31,900) 3,857
Other current assets (198,908) (19,725)
Due from third party (530,294) (77,500)
Due to related party 22,435
Acounts payable and accrued expenses 341,292 760,498
Other payable 50,733 5,000
Net cash (used in) operating activities: (197,932) (392,881)
Cash used for trading securities
Collection of notes payable 24,062 (456,316)
Investment in third party  
Purchase of fixed assets (3,364,070) (3,048,776)
Net cash provided by investing activities: (3,340,008) (3,505,092)
Proceeds from related party 378,964
Proceeds from notes payable 950,000 1,200,000
Repayment of note payable (175,000)
Note proceeds from Mortgage 2,865,112
Distributions to investors (399,831) (8,868)
Proceeds from sales of Preferred stock 300,000
Proceeds from Mari holdings MD Class A shares 200,000
Proceeds from Mia Dev Class A shares 206,157 1,500,469
Net cash provided by financing activities 3,946,438 3,070,565
Net (decrease) in cash and cash equivalents 408,498 (827,408)
Cash and cash equivalents beginning of period 160,859 988,268
Cash and cash equivalents end of period 569,356 160,859
Non-cash financing activities:    
Common stock issued for accrued expenses
Cash paid during the period for:    
Interest 233,673 81,062
Income taxes 456 456
Non-cash Activities    
Issuance of Equity to retire interest payable $ 39,332
Converting related party liabilities to Equity 550,000 300,000
Issuance common stock to repay accounts payables $ 0 $ 24,932