General form of registration statement for all companies including face-amount certificate companies

CONSOLIDATED STATEMENTS OF CASH FLOW

v3.10.0.1
CONSOLIDATED STATEMENTS OF CASH FLOW - USD ($)
 9 Months Ended 12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Mar. 31, 2018
Mar. 31, 2017
CASH FLOWS FROM OPERATING ACTIVITIES        
Net Loss $ (2,323,235) $ (3,036,803) $ (239,966) $ (463,806)
Adjustments to reconcile net loss to net cash used in operating activities        
Depreciation and amortization expense 53,171 53,170 70,894 60,459
(Gain)/loss on extinguishment of debt     0 (2,339,353)
Debt settlement expense     0 566,129
Amortization of debt discount 1,051,707 401,313 775,091 295,000
Change in fair value of derivative liability (1,116,500) 239,000 1,600,000 (11,000)
Change in fair value of warrant liability 47,000 436,000 244,000 (4,000)
Financing costs related to convertible debentures 1,361,735 895,640 1,310,751 164,000
Shares issued for services 0 100,000 100,000 0
Changes in operating assets and liabilities:        
Inventory (4,200) 0 0 0
Prepaid expenses and other current assets (543) 42,448 145,301 (223,000)
Accounts payable (1,403) 43,129 31,982 (63,959)
Other accrued expenses 103,732 108,846 179,822 162,941
Accrued interest - related parties 145,641 36,646 61,455 91,500
CASH USED IN OPERATING ACTIVITIES (682,895) (680,611) (765,793) (722,215)
CASH FLOWS FROM INVESTING ACTIVITIES        
Cash paid for fixed assets (5,350) 0 0 0
Cash paid for construction in progress (75,404) 0 (171,050) 0
CASH USED IN INVESTING ACTIVITIES (80,754) 0 (171,050) 0
CASH FLOWS FROM FINANCING ACTIVITIES        
Proceeds from bank loan     0 45,000
Payments on bank loan (5,689) (4,684) (6,587) (2,000)
Payment of related party notes payable 0 0 0 (16,000)
Repayment line of credit short-term (3,153) (2,486) (2,486) 0
Borrowing on Notes payable - related party     0 657,257
Notes receivable 150,000 0 (76,000) 0
Line of credit     0 (40,005)
Proceeds from sale of stock 15,400 25,000 25,000 10,000
Proceeds from convertible debentures 565,800 730,200 1,072,901 150,000
Proceeds from convertible debentures, related party 0 180,000 180,000 0
Payments on convertible debentures (123,037) (227,500) (227,500) 0
Payments on convertible debentures, related party 0 (92,400) (92,400) 0
CASH PROVIDED BY FINANCING ACTIVITIES 763,837 608,130 872,928 804,252
NET CHANGE IN CASH 188 (72,481) (63,915) 82,037
CASH AT BEGINNING OF YEAR 24,280 88,195 88,195 6,158
CASH AT YEAR END 24,468 15,714 24,280 88,195
INTEREST PAID 96,018 87,740 109,610 72,837
NON-CASH TRANSACTIONS        
Common Stock for debt settlement     0 566,129
Repayment of debt through issuance of bank loan     0 200,000
Shares issued upon conversion 1,128,068 0 79,304 0
Shares issued upon exercise of warrants 150,000 0 0 0
Notes receivable for convertible debentures 90,000 131,200 131,200 0
Common shares exchanged for Series A Preferred Shares 500 0 $ 0 $ 0
Cashless exercise of warrants $ 0 $ 67,000