v3.2.0.727

STATEMENT OF CASH FLOWS - USD ($)	6 Months Ended		40 Months Ended
STATEMENT OF CASH FLOWS - USD ($)	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015
Operating activities:
Net loss	$ (1,577)	$ (8,523)	$ (13,242)
Net cash used in operating activities	(1,577)	(8,523)	(13,242)
Financing activities
Proceeds from issuance of common stock	0	12,023	18,574
Increase in related party loan	50	0	499
Net cash provided by financing activities	50	12,023	19,073
Net increase(decrease) in cash and cash equivalents	(1,527)	3,500	5,831
Cash and cash equivalents, beginning of period	7,358	0	0
Cash and cash equivalents, end of period	5,831	3,500	5,831
Supplemental disclosures of cash flow information:
Cash paid during the period for interest	0	0	0
Cash paid during the period for taxes	$ 0	$ 0	$ 0

Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation.

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Amount of increase (decrease) in cash and cash equivalents. Cash and cash equivalents are the amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Includes effect from exchange rate changes.

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Amount of cash inflow (outflow) from financing activities, including discontinued operations. Financing activity cash flows include obtaining resources from owners and providing them with a return on, and a return of, their investment; borrowing money and repaying amounts borrowed, or settling the obligation; and obtaining and paying for other resources obtained from creditors on long-term credit.

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Amount of cash inflow (outflow) from operating activities, including discontinued operations. Operating activity cash flows include transactions, adjustments, and changes in value not defined as investing or financing activities.

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MJ Pharmaceuticals Inc. 10-Q