Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS

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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
 3 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Cash flows from operating activities    
Net Loss $ (439,637) $ (270,445)
Adjustments to reconcile net income/(loss) to net cash used in operating activities:    
Depreciation and amortization expense 17,725 21,000
Amortization of debt discount 13,333 0
Change in fair value of derivative liability (35,000) 0
Change in fair value of warrant liability (3,000) 0
Changes in operating assets and liabilities:    
Prepaid expenses and other current assets 157,500 0
Accounts payable 20,613 11,050
Other accrued expenses 41,976 46,119
Accrued interest - related parties 20,000 47,579
Cash used in operating activities (206,490) (144,697)
Cash flows from financing activities    
Payments on bank loan (1,012) 0
Borrowing on Notes payable - related party 0 143,497
Lines of credit 0 (1,258)
Proceeds from sale of stock 25,000 0
Proceeds from convertible debentures 140,000 0
Payments on convertible debentures (27,500) 0
Cash provided by financing activities 136,488 142,239
Net change in cash (70,002) (2,458)
Cash at beginning of period 88,195 6,158
Cash at end of period 18,193 3,700
Interest paid 20,355 6,262
Supplemental Disclosure of Non-Cash Investing and Financing Activities:    
Unpaid acquisition cost of machinery & equipment $ 0 $ 235,000