v3.4.0.3

Condensed Statements of Cash Flows - USD ($)	3 Months Ended
Condensed Statements of Cash Flows - USD ($)	Mar. 31, 2016	Mar. 31, 2015
CASH FLOWS FROM OPERATING ACTIVITIES
Net income ( loss)	$ 19,569	$ (40,637)
Adjustments to reconcile net income to net cash provided by operating activities
Depreciation and amortization	900	4,142
(Gain) Loss on re-measurement of derivative		10,153
Accounts receivable	(92,834)	2,669
Other current assets		(6,155)
Accounts Payable	15,867	(23,692)
Accrued Expenses	(4,391)	43,645
Note Payable	(1,500)
Net Cash Provided (Used) in Operating Activities	(62,389)	(9,875)
CASH FLOWS FROM INVESTING ACTIVITIES
Purchase of property and equipment	(2,188)
Net Cash Provided (Used) by Investing Activities	(2,188)
CASH FLOWS FROM FINANCING ACTIVITIES
Convertible debt discount		2,552
Derivative Liability		$ 4,462
Common stock redeemed for accounts payable		1,920
NET INCREASE IN CASH	(64,577)	$ (941)
CASH AT BEGINNING OF PERIOD	75,144	11,833
CASH AT END OF PERIOD	$ 10,567	$ 10,892

The change during the period, from the beginning balance of accumulated depreciation, depletion and amortization (relating to property, plant and equipment) to the ending balance.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 360
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=6391035&loc=d3e2868-110229

GENIE GATEWAY 10-Q