Quarterly report pursuant to Section 13 or 15(d)

CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED)

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CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
 3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net Loss $ (9,953,292) $ (10,573,155)
Adjustments to Reconcile Net Loss to Net Cash Used in Operating Activities:    
Gain on Fair Market Valuation of Derivatives (2,281,000) (1,610,750)
Loss on Fair Market Valuation of Contingent Consideration 4,348,761
Cancellation of shares issued (117,831)
Loss on Extinguishment of Debt 4,731,246 1,039,458
Amortization of Debt Discount 468,317 610,616
Interest income Accreted (68,061)
Depreciation and Amortization 1,137,221 892,598
Warrants Issued with Common Stock and Debt 107,035
Stock issued for interest expense 129,639
Stock Issued for Compensation 288,450 1,061,506
Stock Issued for Director Fees 37,500
Stock Issued for Services 16,692 145,011
Stock Option Compensation 474,198 47,589
Changes in Operating Assets and Liabilities:    
Accounts Receivable 236,769 328,510
Inventory 987,861 (208,527)
Prepaid Expenses and Other Current Assets (864,938) (1,155,891)
Other Assets (203,160) (228,795)
Accounts Payable and Accrued Expenses (519,369) 1,274,929
NET CASH USED IN OPERATING ACTIVITIES (5,666,897) (3,753,966)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Issuance of Note Receivable (886,000)
Purchase of Property, Equipment and Leasehold Improvements (4,682,211) (523,740)
NET CASH USED IN INVESTING ACTIVITIES (5,568,211) (523,740)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from Issuance of Notes Payable 10,000,000 3,000,000
Cash Paid for Debt Discount (495,000)
Proceeds from Issuance of Common Stock, Warrants and Common Stock Subscribed 750,000 1,700,000
Proceeds from Exercise of Warrants 51,000
Cash (Distribution) Contribution from Non-Controlling Interest (5,705) 80,834
NET CASH PROVIDED BY FINANCING ACTIVITIES 10,300,295 4,780,834
NET CHANGE IN CASH (934,813) 503,128
Cash at Beginning of Period 5,445,582 9,749,572
CASH AT END OF PERIOD 4,510,769 10,252,700
SUPPLEMENTAL DISCLOSURE FOR NON-CASH INVESTING AND FINANCING ACTIVITIES:    
Purchase of land and building with a mortgage 6,500,000
Fair Value of Debt Discount and Derivative liability Recorded 6,440,000
Issuance of Common Stock for Debt and Interest Expense 17,180,837 3,688,963
Derivative Debt Converted into Equity   2,770,650
Cash back of Escrow Shares From The Tech Center Drive Asset Acquisition 351,072
Issuance of Common Stock for Other Assets 100,000
Fair Value of Warrants Issued for Debt Discount 475,917  
Deposits Applied to the Purchase of property $ 3,500,000