Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED STATEMENTS OF CASH FLOWS

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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
 1 Months Ended 11 Months Ended 12 Months Ended
Dec. 31, 2016
Nov. 30, 2016
Dec. 31, 2015
Successor [Member]      
Cash flows from operating activities:      
Net loss $ (199,142)    
Adjustments to reconcile net loss to net cash provided by (used in) operating activities      
Stock based compensation - related party 24,302    
Depreciation expense 228    
Amortization expense 16,568    
Accretion of debt discount 64,869    
Change in derivative liabilities (68,331)    
Change in warrant liabilities (3,612)    
Estimated fair market value of stock issued for services 2,084    
Disposal of fixed assets    
Changes in operating assets and liabilities:      
Accounts receivable    
Inventory    
Prepaid expenses 733    
Deposits    
Accounts payable 31,940    
Due to related party 28,633    
Accrued compensation - related party 21,667    
Deferred revenue 78,820    
Other current liabilities 2,929    
Net cash provided by (used in) operating activities 1,688    
Cash flows from investing activities:      
Acquisition of intangible assets (27,136)    
Purchases of computer equipment    
Net cash used in investing activities (27,136)    
Cash flows from financing activities:      
Proceeds from short-term notes, net of debt issuance costs    
Repayments of short term notes    
Repayments of short term notes - related party    
Proceeds from short-term notes - related party    
Issuance of preferred stock for cash    
Net cash provided by financing activities    
Net decrease in cash (25,448)    
Cash at beginning of period 175,055    
Cash at end of period 149,607 $ 175,055  
Cash paid during the period for:      
Interest    
Income taxes    
Non-cash investing and financing activities:      
Intangibles acquired in conjunction with acquisition of CCI 680,000    
Goodwill acquired in conjunction with acquisition of CCI 481,947    
Equipment acquired in conjunction with acquisition of CCI $ 32,564    
Common stock issued in conjunction with acquisition of CCI 770,000    
Estimated fair value of contingent payments issued in conjunction with acquisition of CCI $ 424,511    
Total debt discount at origination    
Predecessor [Member]      
Cash flows from operating activities:      
Net loss   (632,388) $ (800,582)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities      
Stock based compensation - related party  
Depreciation expense   7,080 16,639
Amortization expense   62,581 39,553
Accretion of debt discount   31,500 29,039
Change in derivative liabilities  
Change in warrant liabilities  
Estimated fair market value of stock issued for services  
Disposal of fixed assets   33,854
Changes in operating assets and liabilities:      
Accounts receivable   5,335 28,757
Inventory   1,173 (6,987)
Prepaid expenses   3,902 30,239
Deposits   (4,351)
Accounts payable   302,263 24,507
Due to related party   (26,072)
Accrued compensation - related party  
Deferred revenue   38,189 (44,751)
Other current liabilities   47,623 46,396
Net cash provided by (used in) operating activities   (132,742) (633,759)
Cash flows from investing activities:      
Acquisition of intangible assets   (90,855) (93,133)
Purchases of computer equipment   (128) (12,615)
Net cash used in investing activities   (90,983) (105,748)
Cash flows from financing activities:      
Proceeds from short-term notes, net of debt issuance costs   225,600 115,900
Repayments of short term notes   (174,338) (104,044)
Repayments of short term notes - related party   (50,000)
Proceeds from short-term notes - related party   157,442 278,273
Issuance of preferred stock for cash   200,000
Net cash provided by financing activities   208,704 440,129
Net decrease in cash   (15,021) (299,378)
Cash at beginning of period $ 27,311 42,332 341,710
Cash at end of period   27,311 42,332
Cash paid during the period for:      
Interest   448 521
Income taxes  
Non-cash investing and financing activities:      
Intangibles acquired in conjunction with acquisition of CCI  
Goodwill acquired in conjunction with acquisition of CCI  
Equipment acquired in conjunction with acquisition of CCI  
Common stock issued in conjunction with acquisition of CCI  
Estimated fair value of contingent payments issued in conjunction with acquisition of CCI  
Total debt discount at origination   $ 31,500 $ 29,039