UNAUDITED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
|
9 Months Ended |
Sep. 30, 2016 |
Sep. 30, 2015 |
| Cash flows from operating activities: |
|
|
| Net Loss for the Period |
$ (1,749,777)
|
$ (1,342,813)
|
| Non-Cash Adjustments: |
|
|
| Depreciation Expense |
67,722
|
67,722
|
| Common Stock Issued in Exchange for Services |
660,056
|
492,151
|
| Common Stock Issued for Interest on Debt Conversion |
12,947
|
|
| Common Stock Issued for Debt Conversion |
|
206,945
|
| Common Stock Issued for Compensation |
268,924
|
606,800
|
| Common Stock Issued for Legal Award |
|
1,335
|
| Common Stock Issued from Treasury |
|
4,000
|
| Preferred Stock Issued for Services |
200,000
|
300
|
| Changes in Assets and Liabilities: |
|
|
| Prepaid Expenses |
89,217
|
1,884
|
| Inventory - Gaming Machines |
31,500
|
|
| Due to Related Party |
|
5,311
|
| Accounts Payable and Accrued Expenses |
166,781
|
(102,351)
|
| Customer Deposits |
47,200
|
|
| Deposit on Sale of Shares |
50,000
|
|
| Accrued Compensation |
18,000
|
35,000
|
| Payroll Liabilities |
|
(3,737)
|
| Net Cash Flows Used In Operating Activities |
(137,430)
|
(27,453)
|
| Cash Flows from Investing Activities |
|
|
| Acquisition of Fixed Assets |
(707)
|
11,645
|
| Cash Flows from Financing Activities |
|
|
| Proceeds from Notes Payable |
260
|
10,701
|
| Payment of Equipment Loan |
(15,750)
|
|
| Director's Loans |
157,723
|
1,643
|
| Net Cash Flows Used In Financing Activities |
142,233
|
12,344
|
| Net Change in Cash and Cash Equivalents |
4,096
|
(3,464)
|
| Cash and Cash Equivalents - Beginning of Period |
2,563
|
3,604
|
| Cash and Cash Equivalents - End of Period |
6,659
|
140
|
| Cash Paid During the Period for: |
|
|
| Interest |
|
|
| Income Taxes |
|
|
| SUPPLEMENTAL DISCLOSURE OF NON-CASH INVESTING AND FINANCING ACTIVITIES: |
|
|
| Common Stock Issued for Services |
660,056
|
492,151
|
| Common Stock Exchanged for Debt Conversion |
311,473
|
206,945
|
| Common Stock Issued for Legal Award |
|
1,335
|
| Common Stock Issued for Compensation |
268,924
|
606,800
|
| Preferred Stock Issued for Services |
200,000
|
300
|
| Common Stock Issued for Acquisition of Equipment |
337,500
|
|
| Loan Payable for Acquisition of Equipment |
$ 337,500
|
|