Quarterly report pursuant to Section 13 or 15(d)

Statements of Cash Flows

v3.6.0.2
Statements of Cash Flows - USD ($)
 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Cash flows from operating activities:    
Net (loss) $ (210,189) $ (663,314)
Net Income (loss) attributed to noncontrolling interest 182,768 (123,674)
Adjustments to reconcile net (loss) to net cash provided by operating activities    
Depreciation expense 166,108
Amortization of intangible asset 20,000
Unrealized loss on trading securities 434 3,713
Unrealized gain on trading securities (702) (480)
Common stock issued as payment for payable 24,932
Fair value of stock options issued 77,820
Accounts receivable (302,237) (261,749)
Due from related party 77,594 (95,139)
Other current assets (268) 500
Prepaid expense (180,751)
Due from third party (355,130) (321,925)
Due to related party (85,658)
Deposits (19,725)
Acounts payable and accrued expenses 256,035 456,863
Accounts payable related party 194,135 503,233
Other payable (20,000)
Net cash provided by (used in) operating activities: (277,861) (398,945)
Notes receivable issued to third party 16,587
Investment in third party (77,500)
Purchase of fixed assets (3,346,355) (2,500,249)
Net cash (used in) investing activities: (3,329,768) (2,577,749)
Proceeds from note payable 950,000 1,525,000
Repayment of note payable (75,000) (100,000)
Bank note payable 1,992,594
Distributions to investors (301,749)
Bank line of credit 892,810
Proceeds from Mia Dev Class A shares 206,157 900,915
Net cash provided by financing activities 3,664,811 2,325,915
Net increase/(decrease) in cash and cash equivalents 57,182 (650,779)
Cash and cash equivalents beginning of period 160,859 988,268
Cash and cash equivalents end of period 218,040 337,489
Non-cash financing activities:    
Common stock issued for accrued expenses
Cash paid during the period for:    
Interest 158,489
Income taxes
Non-cash Activities    
Issuance of Equity to retire interest payable 39,332
Issuance of Equity to retire note payable $ 550,332