Quarterly report pursuant to Section 13 or 15(d)

Supplemental Disclosure of Cash Flow Information

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Supplemental Disclosure of Cash Flow Information
6 Months Ended
Jun. 30, 2019
Supplemental Cash Flow Elements [Abstract]  
Supplemental Disclosure of Cash Flow Information

Note 14 – Supplemental Disclosure of Cash Flow Information

 

    Six Months Ended June 30,  
    2019     2018  
Cash paid for interest   $ -     $ 18,894  
Cash paid for income taxes   $ 45,000     $ -  
                 
Acquisition of Jellico Community Hospital:                
Cash   $ -     $ 375  
Inventory     -       450,682  
Prepaid expenses and other current assets     -       310,385  
Property and equipment     -       7,347,467  
Intangible assets     -       452,455  
Accrued expenses     -       193,966  
                 
Acquisition of Jamestown Regional Medical Center:                
Inventory   $ 317,427     $ -  
Property and equipment     500,000       -  
Intangible assets     250,000       -  
Accrued expenses     158,890       -  
                 
Non-cash investing and financing activities:                
Conversion of Series I-2 preferred stock into common stock     904,973       -  
Debentures converted into common stock     -       7,093,763  
Common stock issued in cashless exercise of warrants     11,961       3,957,766  
Exchange of debentures for Series I-2 preferred stock     -       1,384,566  
Conversions of Series H preferred stock into common stock     -       200,000  
Original issue discount of debentures     100,000       1,310,000  
Deemed dividend for trigger of of down round provision features     123,861,547       -