Quarterly report pursuant to Section 13 or 15(d)

Supplemental Cash Flow Information, Disclosure

v3.8.0.1
Supplemental Cash Flow Information, Disclosure
9 Months Ended
Sep. 30, 2017
Notes  
Supplemental Cash Flow Information, Disclosure

8.             SUPPLEMENTAL CASH FLOW INFORMATION:

 

 

Nine Months ended

September 30,

 

2017

 

2016

Cash paid for interest

$

--

 

$

6,723

Cash paid for income taxes

 

1,931

 

 

--

 

 

 

 

 

 

Non-cash investing and financing transactions

 

 

 

 

 

Series D Dividend payable in accrued expenses

 

--

 

 

32,234

Conversion of debt to common shares

 

(2,552,455)

 

 

--

Assumption of Revolving line of credit

 

--

 

 

229,980

Conversion of Series D Preferred shares to common shares

$

118,676

 

$

--