Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Changes in Shareholders' Equity (Deficit)

v3.3.1.900
Consolidated Statements of Changes in Shareholders' Equity (Deficit) - USD ($)
Common Stock Shares
Common Stock no par
Common Stock $0.001 par
Additional Paid-in-Capital
Accumulated deficit
Accumulated Other Comprehensive Income
Total
Non-controlling deficit
Totals
Balance at Dec. 31, 2013 6,688,503 2,389,801 0 495,509 (3,179,179) 0 (293,869) 0 (293,869)
Effect of consolidating interest in WCI previously accounted for at cost, effective January 1, 2014   $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ (47,216) $ (47,216)
Conversion of warrants to common stock, net of conversion costs 2,516,103 3,426,243 0 0 0 0 3,426,243 0 3,426,243
Non-cash conversion of warrants through decrease in liability to shareholder 4,948,879 944,231 0 0 0 0 944,231 0 944,231
Cashless exercise of advisor warrants 354,410 260,778 0 (260,778) 0 0 0 0 0
Shares retired (21,848) (19,145) 0 0 0 0 (19,145) 0 (19,145)
Minority contributed capital   $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ 15,195 $ 15,195
Non-controlling distribution   0 0 0 0 0 0 (145,254) (145,254)
Net income (loss)   $ 0 $ 0 $ 0 $ (472,922) $ 0 $ (472,922) $ (28,023) $ (500,945)
Balance at Dec. 31, 2014 14,486,047 7,001,908 0 234,731 (3,652,101) 0 3,584,538 (205,298) 3,379,240
Conversion of warrants to common stock, net of conversion costs 1,038,987 313,406 23 18,820 0 0 332,249 0 332,249
Non-cash conversion of warrants for investment in accounts receivable $ 757,059 $ 471,647 $ 0 $ 0 $ 0 $ 0 $ 471,647 $ 0 $ 471,647
Shares retired (27,152) (15,704) 0 0 0 0 (15,704) 0 (15,704)
Non-controlling distribution   $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ (33,970) $ (33,970)
Effect on non-controlling deficit from disposition of MicroCannaBiz   0 0 0 0 0 0 18,778 18,778
Re-incorporation in Delaware at $0.0001 par value on September 24, 2015   (7,771,257) 1,602 7,769,655 0 0 0 0 0
Other comprehensive loss, net of tax   0 0 0 0 (12,563) (12,563) 0 (12,563)
Net income (loss)   $ 0 $ 0 $ 0 $ (799,868) $ 0 $ (799,868) $ 35,073 $ (764,795)
Balance at Dec. 31, 2015 16,254,941 0 1,625 8,023,206 (4,451,969) (12,563) 3,560,299 (185,417) 3,374,882