GEO POINT RESOURCES, INC. STATEMENTS OF CASH FLOWS - USD ($)
|
12 Months Ended |
Mar. 31, 2017 |
Mar. 31, 2016 |
| Cash Flows from Operating Activities: |
|
|
| Net Loss |
$ (237,254)
|
$ (72,591)
|
| Adjustments to reconcile net loss to net cash from operating activities: |
|
|
| Depreciation |
19,846
|
1,000
|
| Bad debt expense on note receivable |
175,000
|
0
|
| Gain on relief of accounts payable |
(29,378)
|
0
|
| Accounts receivable |
0
|
0
|
| Accounts payable and accrued liabilities |
71,519
|
47,871
|
| Net Cash Provided by (Used in) Operating Activities |
(267)
|
(23,720)
|
| Cash Flows from Investing Activities: |
|
|
| Loans to third parties |
0
|
(175,000)
|
| Purchase of property and equipment |
(78,400)
|
(3,980)
|
| Net Cash Used in Investing Activities |
(78,400)
|
(178,980)
|
| Cash Flows from Financing Activities: |
|
|
| Proceeds from short term advances |
40,000
|
0
|
| Net change on line of credit |
45,600
|
48,600
|
| Cash Flows Provided by Financing Activities: |
85,600
|
48,600
|
| Net Change in Cash |
6,933
|
(154,100)
|
| Cash at Beginning of Year |
32,366
|
186,466
|
| Cash at End of Year |
39,299
|
32,366
|
| Supplement Disclosure of Cash Flow Information: |
|
|
| Cash paid for interest |
0
|
0
|
| Cash paid for income taxes |
$ 0
|
$ 0
|