Annual report pursuant to Section 13 and 15(d)

Supplemental Cash Flow Information, Disclosure

v3.7.0.1
Supplemental Cash Flow Information, Disclosure
12 Months Ended
Dec. 31, 2016
Notes  
Supplemental Cash Flow Information, Disclosure

13.          SUPPLEMENTAL CASH FLOW INFORMATION:

 

 

For the year ended

December 31,

 

2016

 

2015

Cash paid for interest

$

--

 

$

25,356

Cash paid for income taxes

$

--

 

$

--

 

 

 

 

 

 

Non-Cash investing and financing transactions

 

 

 

 

 

Assumption of Revolving line of credit

$

229,980

 

$

--

Returned equipment applied to outstanding loan principal

$

--

 

$

98,098

Conversion of unsecured notes to senior secured notes

$

--

 

$

174,361

Shares issued for consulting services

$

--

 

$

25,500