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Re: mick post# 35093

Wednesday, 06/20/2018 2:36:52 PM

Wednesday, June 20, 2018 2:36:52 PM

Post# of 50897
$IDGC #7 / ID Global Corporation and Subsidiary
Consolidated Financial Statements
As of December 31, 2017 and 2016.

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ID Global Corporation and Subsidiary

ID Global Corporation and Subsidiary
Consolidated Statements of Cash Flows
For the YEAR Ended December 31, 2017 and 2016 (Unaudited)
Year Year
Ended Ended
12/31/2017 12/31/2016
Cash flows from operating activities
Net Profit ( Loss ) $ (50,481) $ (68,135)
Add back Depreciation 275 275

Adjustment to reconcile net income / (loss)
to net cash used in operating activities
Stock based compensation
Trade accounts payable change (106,038) (98,381)
Change in value of derivative liabilities (352,153)
1((1,984,106
)
Gain on accrued interest settlement
Income received in shares
Unrealized (gain)loss 475,914 (1,984,106)
Accrued interest (10,004)
cash used in operating activities (32,483) (40,525)
Cash flows from investing activities
Cash paid for stock investments 0 0
Cash flows from financing activities
Payments against notes payable
Notes payable 32,001 41,221
Net cash provided by financing activities 32,001 41,221
Net cash increase (decrease )for the period $ (482) 696
Cash at the beginning of period 1,871 1,175
Cash at the end of period $ 1,389 $ 1,871
See accompanying notes to financial statements.
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