Supplemental Disclosure of Cash Flow Information |
Note 14 – Supplemental Disclosure
of Cash Flow Information
|
|
Nine Months Ended September 30, |
|
|
|
2020 |
|
|
2019 |
|
Cash paid for interest |
|
$ |
64,454 |
|
|
$ |
- |
|
Cash paid for income taxes |
|
$ |
- |
|
|
$ |
45,000 |
|
|
|
|
|
|
|
|
|
|
Acquisition of Jellico Community Hospital and CarePlus Center: |
|
|
|
|
|
|
|
|
Inventory |
|
$ |
- |
|
|
$ |
317,427 |
|
Property and equipment |
|
|
- |
|
|
|
500,000 |
|
Intangible assets |
|
|
- |
|
|
|
250,000 |
|
Accrued expenses |
|
|
- |
|
|
|
158,890 |
|
|
|
|
|
|
|
|
|
|
Non-cash investing and financing activities: |
|
|
|
|
|
|
|
|
Series I-2 Preferred Stock converted into common stock |
|
$ |
277,994 |
|
|
$ |
1,143,973 |
|
Issuance of Series M Preferred Stock in exchange for related party loans and accrued interest |
|
|
22,000,000 |
|
|
|
- |
|
Loans and accrued interest exchanged for Series M Preferred Stock |
|
|
(18,849,632 |
) |
|
|
- |
|
Issuance of Series N Preferred Stock in exchange for debentures, accrued interest and Series I-1 and Series I-2 Preferred Stock |
|
|
30,435,519 |
|
|
|
- |
|
Debentures, accrued interest and Series I-1 and Series I-2 Preferred Stock exchanged for Series N Preferred Stock |
|
|
(19,342,322 |
) |
|
|
- |
|
Series N Preferred Stock converted into common stock |
|
|
58 |
|
|
|
- |
|
Deemed dividends |
|
|
66,695,318 |
|
|
|
123,861,587 |
|
Exchange of Series K Preferred Stock for Series L Preferred Stock |
|
|
(2,500 |
) |
|
|
- |
|
Issuance of Series L Preferred Stock |
|
|
2,500 |
|
|
|
- |
|
Original issue discounts on debt |
|
|
108,958 |
|
|
|
100,000 |
|
|