Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements Of Cash Flows (Unaudited)

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Condensed Consolidated Statements Of Cash Flows (Unaudited) - USD ($)
6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss $ (20,700,871) $ (1,429,511)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation 647
Amortization of debt discount 27,497
Non cash interest 883,221
Gain on change in fair value of derivative liabilities 29,968
Impairment of Investment in GateC Joint Venture 1,500,000  
Stock based compensation 17,816,458 1,140,690
Notes payable issued in settlement of accrued compensation 167,214 28,830
Changes in operating assets and liabilities:    
Accounts receivable 16,308
Inventory 57,185
Accounts payable 8,164
Accrued compensation (32,710) 195,000
Net cash used in operating activities (433,841) (64,991)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchase of investment 280,000
Purchase of property and equipment 4,860
Net cash used in investing activities (284,860)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from issuance of notes payable 99,965
Proceeds from issuance of notes payable, related party 395,880
Proceeds from sale of common stock 85,000 65,000
Net cash provided by financing activities 580,845 65,000
Net (decrease) increase in cash (137,856) 9
Cash-beginning of period 147,486
Cash-end of period 9,630 9
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION    
Interest paid
Taxes paid
Non cash financing activities: