LD HOLDINGS, INC.

CIK:0001131089|SEC Filings

Consolidated Statements of Operations - USD ($)	3 Months Ended		9 Months Ended
Consolidated Statements of Operations - USD ($)	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016
Consolidated Statements of Operations
Sales - related party	$ 15,000	$ 15,000	$ 45,000	$ 45,000
Cost of Sales	2,643	4,500	11,986	11,920
Gross Profit	12,357	10,500	33,014	33,080
Selling, General & Administrative Expenses	75,631	75,071	279,698	272,011
Operating Loss	(63,274)	(64,571)	(246,684)	(238,931)
Other Income (Expense)
Interest expense	(73,935)	(74,779)	(208,777)	(123,774)
Total Other Income (Expense)	(73,935)	(74,779)	(208,777)	(123,774)
Loss Before Income Taxes	(137,209)	(139,350)	(455,461)	(362,705)
Provision for income taxes
Net Loss	$ (137,209)	$ (139,350)	$ (455,461)	$ (362,705)
Loss per share, basic and diluted	$ (0.01)	$ (0.01)	$ (0.02)	$ (0.01)
Weighted Average Common Shares Outstanding basic and diluted	25,840,351	25,708,483	25,855,003	25,708,453

Consolidated Statements of Cash Flows - USD ($)	9 Months Ended
Consolidated Statements of Cash Flows - USD ($)	Sep. 30, 2017	Sep. 30, 2016
Cash Flows From Operating Activities:
Net Loss	$ (455,461)	$ (362,705)
Operating Activities:
Amortization of debt discount	3,020	6,157
Changes in Operating Assets and Liabilities
Change in prepaid expense		7,824
Change in accounts payable and accrued expenses	120,344	11,872
Change in accrued interest payable	27,680	26,179
Change in accrued interest payable - related parties	161,671	87,873
Net Cash Used by Operating Activities	(142,746)	(222,800)
Cash Flows From Financing Activities
Proceeds from Convertible Promissory Notes	73,500	2,500
Proceeds from common stock subscriptions		164,000
Repayment of Notes Payable-related party	(82,500)	(77,000)
Proceeds from Notes Payable-related party	144,410	129,628
Net Cash Provided by Financing Activities	135,410	219,128
Net Increase/(Decrease) in Cash and Equivalents	(7,336)	(3,672)
Cash and Equivalents at Beginning of Year	7,336	9,738
Cash and Equivalents at End of Year		6,066
Cash paid during the year for:
Interest	17,996	16,792
Income taxes
Non Cash Financing and Investing Activities
Common Stock Issued for Subscriptions payable	200,000
Common Stock Cancelled	$ 1,000

Consolidated Balance Sheets - USD ($)	Sep. 30, 2017	Dec. 31, 2016
Current Assets
Cash		$ 7,336
Prepaid expenses
Total Current Assets		7,336
Current Liabilities
Accounts payable and accrued expenses	2,312,735	2,192,391
Accrued interest payable	228,583	200,903
Accrued interest payable - related parties	990,952	829,280
Promissory notes payable	147,897	147,897
Promissory notes payable - related parties	2,264,580	2,202,670
Total Current Liabilities	5,944,747	5,573,141
Convertible promissory notes, net of unamortized discount	321,479	244,959
Total Liabilities	6,266,226	5,818,100
Commitments and Contingencies
Stockholders' Deficit
Series A, convertible preferred stock, par value $0.001; 974,156 shares authorized, issued and outstanding	974	974
Common stock, par value $0.001; 25,840,351 shares authorized, issued and outstanding	25,840	25,840
Common stock subscriptions payable		200,000
Additional paid in capital	4,870,278	4,670,278
Accumulated deficit	(11,163,318)	(10,707,856)
Total Stockholders' Deficit	$ (6,266,226)	(5,810,764)
Total Liabilities and Stockholders' Deficit		$ 7,336