v3.10.0.1

Statement of Cash Flows - USD ($)	6 Months Ended
Statement of Cash Flows - USD ($)	Jun. 30, 2018	Jun. 30, 2017
CASH FLOWS FROM OPERATING ACTIVITIES
Net loss	$ (1,496,915)	$ (5,960,012)
Items to reconcile net loss to net cash used in operating activities:
Change in Debt discount	53,379	27,526
Financing fees, Shares issued and note penalties	41,853	150,290
Shares issued for services	42,456	5,564,323
Change in Accounts Receivable	0	1,000
Change in Derivative Liability	1,242,927	(8,087)
Increase in accounts payable and accrued liabilities - related party	9,758	0
Net Cash Used in Operating Activities	(32,928)	(146,952)
CASH FLOWS FROM FINANCING ACTIVITIES
Proceeds issuance of Preferred stock	15,000
Proceeds (payments) from convertible notes payable	18,000	120,185
Net Cash Provided by Financing Activities	33,000	120,185
Increase (Decrease) in Cash	72	(26,767)
Cash and Cash Equivalents, at Carrying Value, Beginning Balance	82	26,767
Cash and Cash Equivalents, at Carrying Value, Ending Balance	$ 154	$ 0

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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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Noncash charitable contributions made by the entity during the period.

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MJ BIOTECH, INC. 10-Q