v3.20.1
Condensed Consolidated Statements of Cash Flows - USD ($)
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss $ (551,094) $ (457,018)
Adjustments to reconcile net loss to cash used in operating activities    
Depreciation and amortization 5,812 16,693
Right to use asset depreciation 25,093 2,426
Stock compensation 128,847 3,500
Recovery of cost from related party receivable (100,000)  
Gain on disposal of business unit (16,426) 134,853
Change in assets and liabilities    
Prepaid expenses and other assets 20,434 5,790
Accounts payable and accrued expenses (8,102) 31,235
Repayments from related party 197,024 87,657
Other liabilities   42,044
Lease liability payments (22,684) (2,191)
Net cash used in operating activities (321,096) (269,864)
CASH FLOWS FROM INVESTING ACTIVITIES:    
(Payments)/proceeds for real estate assets owned (3,026) 63,183
Net cash payment for IIU disposal (246,914)  
Net cash received from business acquisition   51,327
Net cash (used in) provided by investing activities (192,066) 146,252
CASH FLOWS FROM FINANCING ACTIVITIES:    
Principal repayments (34,770) (40,678)
Exercise of warrants   22,320
Proceeds from stock subscription 250,000  
Net cash provided by (used in) financing activities 215,230 (18,358)
NET DECREASE IN CASH (297,932) (141,970)
CASH - BEGINNING OF YEAR 1,069,823 3,520,753
CASH - END OF YEAR 771,891 3,378,783
SUPPLEMENTAL DISCLOSURES OF CASHFLOW INFORMATION    
Cash paid for interest 6,894 7,787
Income taxes
SUPPLEMENTAL DISCLOSURES OF NON-CASHFLOW INFORMATION    
ROU asset obligation recognized   26,685.00
Original Product [Member]    
CASH FLOWS FROM INVESTING ACTIVITIES:    
Net collections of finance receivables 28,035 39,954
Special Product [Member]    
CASH FLOWS FROM INVESTING ACTIVITIES:    
Net collections of finance receivables $ 29,839 $ (8,212)

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