Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Cash Flows (Unaudited)

v3.5.0.2
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
 3 Months Ended
Jun. 30, 2016
Jun. 30, 2015
CASH FLOWS FROM OPERATING ACTIVITIES    
Net loss $ (250,299) $ (150,744)
Adjustments to reconcile net loss to cash used in operating activities:    
Depreciation expense 839 785
Changes in operating assets and liabilities:    
Prepaid expenses 47,183 145
Accounts payable 180,428 28,470
Accrued payroll and other liabilities 6,237 (4,700)
State tax payable 0 100
Net cash used in operating activities (15,612) (125,944)
CASH FLOWS FROM INVESTING ACTIVITIES    
Purchase of fixed assets 0 (215)
Net cash used in investing activities 0 (215)
CASH FLOWS FROM FINANCING ACTIVITIES    
Capital contributions 85,000 0
Net cash from financing activities 85,000 0
NET CHANGE IN CASH AND CASH EQUIVALENTS 69,388 (126,159)
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD 8,633,244 402,718
CASH AND CASH EQUIVALENTS, END OF PERIOD 8,702,632 276,559
Supplemental disclosure of Cash Flows for:    
Cash paid for interest 0 0
Cash paid for income taxes $ 0 $ 0