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Proceeds from sale of
common stock
$140,000
Proceeds from advances
from third parties
$10,000
Net cash provided by
financing activities
$36,610
Canceled cashflow
$113,390
Net change in cash
-$349
Canceled cashflow
$36,610
Impairment expense
$100,000
Accounts payable -
related party
$78,500
Accrued interest
$66,105
(gain) loss on change in
derivative liability
-$52,593
Accounts payable and
accrued liabilities
$50,702
Stock based
compensation
$29,666
(gain) loss on
conversion of debt
-$19,950
Repayment of advances from
third parties
$93,390
Repayment of notes payable
from third parties
$20,000
Net cash used in
operating activities
-$36,959
Canceled cashflow
$397,516
Net loss
-$432,025
Prepaid expenses and
other current assets
$2,450
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Cash Flow
source: myfinsight.com
MAGELLAN COPPER & GOLD Corp (MAGE)
MAGELLAN COPPER & GOLD Corp (MAGE)