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Common stock sold for
cash
$887,786
Advances from related
party
$560,832
Net cash provided by
financing activities
$1,318,724
Canceled cashflow
$129,894
Net change in cash
-$11,659
Canceled cashflow
$1,318,724
Accrued expenses
$2,289,341
Accounts payable
$832,842
Depreciation and
amortization
$507,392
Common stock issued for
services
$466,200
Common stock issued for
services related party
$198,340
Loss on conversion
related party amounts
$175,763
Stock based
compensation
$135,500
Accounts receivable
-$83,191
Loss on
extinguishment of debt
-$52,000
Other expense
$25,250
Other long-term
assets
-$15,000
Repayments to related party
$86,325
Repayments on note payable
$38,838
Cash overdraft
-$4,731
Net cash used in
operating activities
-$1,330,383
Canceled cashflow
$4,780,819
Net loss
-$5,874,051
Prepaid expenses and
other current assets
$237,009
Expense Net Of Repayment
-$142
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Cash Flow
source: myfinsight.com
OLB GROUP, INC. (OLB)
OLB GROUP, INC. (OLB)