| CASH FLOWS FROM OPERATING ACTIVITIES: |
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Net Income
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| Adjustments to reconcile net loss to net cash used in operating activities: |
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| Stock based compensation and stock issued for services |
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| Non-cash portion of interest expense |
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Depreciation and amortization
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| Amortization of debt discount |
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| Loss associated with issuance of debt |
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| Change in fair value of derivative liabilities |
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| Bad debt expense |
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| Foreign currency translation adjustments |
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| Amortization |
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| Shares issued for services |
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| Changes in operating assets and liabilities: |
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| Accounts payable and accrued expenses |
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| Accounts payable and advances - related parties |
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| Account and other receivables |
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Accounts Receivable
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Inventories
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| Prepaid inventories and other assets |
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Accounts Payable
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| Other Current Assets |
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| Other Current Liabilities |
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| Net cash used in operating activities |
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| Total Adjustments to reconcile Net Income to Net Cash provided by operations: |
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Net Cash Used in Operating Activities
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| CASH FLOWS FROM INVESTING ACTIVITIES: |
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| Long Term Investments |
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| Purchase of Intangible Assets |
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| Cash proceed for sale of investments |
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Property & Equipment
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| Net cash used in investing activities |
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| Deposits |
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| Security Deposits Asset |
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Net Cash Used in Investing Activities
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| CASH FLOWS FROM FINANCING ACTIVITIES: |
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| Co-Investment |
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| Preferred stock |
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Proceed from sale of Stock
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| Net cash provided by investing activities |
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| Increase (decrease) in cash |
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| Cash, beginning of year |
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| Cash, end of year |
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| Cash paid the interest |
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| Issuance of common shares in connection with notes payable |
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| Issuance of common warrants in connection with notes payable |
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| Issuance of common stock in connection with conversion notes payable |
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| Derivative liabilities |
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| Beneficial conversion feature in connection with notes payable |
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| Issuance of previously earned but unissued common stock |
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| Accrued interest converted to notes payable |
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| Transfer of prepaid inventory to inventory |
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| Conversion of amounts due to related parties to notes payable |
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| Additional Paid in capital |
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| Contribution by owners |
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| Dividends Paid |
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| Proceed from note payable |
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Net Cash Provided by Financing Activities
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NET INCREASE IN CASH
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| CASH AT BEGINNING OF YEAR |
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| CASH AT END OF YEAR |
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