Quarterly report pursuant to Section 13 or 15(d)

Statements of Cash Flows (Unaudited)

v3.2.0.727
Statements of Cash Flows (Unaudited) - USD ($)
 6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Cash flows from operating activities:    
Net (loss) $ (545,150) $ (257,188)
Net loss attributable to noncontrolling interest $ (184,948)  
Adjustments to reconcile net (loss) to net cash provided by operating activities    
Loss on extinguishment of Debt   $ 19,078
Amorization of intangible asset $ 13,333  
Realized gain on trading securities   $ (5,404)
Unrealized loss on trading securities $ 375 $ 6,208
Unrealized gain on trading securities (480)  
Fair value of stock options issued 77,820 $ 35,999
Accounts receivable (105,728)  
Due from related party (9,843)  
Other current assets 500  
Due from third party (293,926)  
Deposits (33,051)  
Acounts payable and accrued expenses 471,081 $ 173,701
Accounts payable related party 173,458 (95,783)
Net cash (used in) operating activities: $ (436,559) (123,389)
Cash flows from investing activities:    
Proceeds from sale trading securities   $ 23,004
Investment in third party $ (77,500)  
Purchase of fixed assets (2,307,426)  
Net cash provided by investing activities: $ (2,384,926) $ 23,004
Cash flows from financing activities:    
Proceeds from due to related parties    
Proceeds from notes payable $ 1,525,000 $ 450,000
Proceeds from Mia Dev Class A shares 350,000  
Net cash provided by financing activities 1,875,000 $ 450,000
Net increase/(decrease) in cash and cash equivalents (946,485) 349,615
Cash and cash equivalents beginning of period 988,268 8,538
Cash and cash equivalents end of period $ 41,782 358,153
Non-cash financing activities:    
Common stock issued for accrued expenses   $ 29,958
Cash paid during the period for:    
Interest    
Income taxes