Dynamic Enviro Inc.

CIK:0001643930|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
Income Statement [Abstract]
Revenue	$ 425,508	$ 432,341	$ 794,647	$ 1,127,072
Cost of Revenue	308,543	344,518	663,647	786,798
Gross Profit	116,965	87,823	131,000	340,274
Operating Expenses
Depreciation expense	15,758	9,473	30,890	22,385
Gain on sale of equipment	(12,500)		(45,039)
General and administrative	152,235	104,601	511,868	389,717
Total Operating Expenses	155,493	114,074	497,719	412,102
Operating Loss	(38,528)	(26,251)	(366,719)	(71,828)
Other (Expenses)
Interest expense	(8,486)		(18,894)
Total Other Expenses	(8,486)		(18,894)
Net Income (Loss)	$ (47,014)	$ (26,251)	$ (385,613)	$ (71,828)
Net Income (Loss) Per Share, Basic and Diluted	$ 0	$ 0	$ (0.01)	$ 0
Weighted Average Shares Outstanding, Basic and Diluted	77,173,320	76,884,896	76,991,331	76,656,605

Consolidated Statements of Cash Flows (Unaudited) - USD ($)	9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016
Cash Flows from Operating Activities
Net loss	$ (385,613)	$ (71,828)
Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation expense	30,890	22,385
Gain on sale of property and equipment	(45,039)
Stock issued for consulting services	5,000	16,500
Stock issued for director fees	500
Stock issued to employees	12,500
Stock issued for marketing services
Amortization of deferred financing cost
Amortization of original debt discount	5,000
Changes in operating assets and liabilities:
Accounts receivable	(69,030)	(193,405)
Prepaid expenses	6,109
Accounts payable and accrued expense	244,267	238,788
Net Cash (Used in) Provided by Operating Activities	(195,416)	12,440
Cash Flows from Investing Activities
Proceeds from sale of property and equipment	62,522
Purchase of property and equipment	(7,698)	(6,000)
Net Cash Used in Investing Activities	54,824	(6,000)
Cash Flows from Financing Activities
Credit lines	101
Payment on capital leases	(14,654)
Proceeds from note payable	157,339
Repayment of note payable		(6,500)
Repayment to related party		(13,014)
Advances from related party	1,739
Proceeds received from subscription receivable		11,000
Proceeds received from issuance of common stock		24,000
Net Cash Provided by (Used in) Financing Activities	146,025	15,486
Net change in Cash	5,433	21,926
Cash - Beginning of Period	6,359	23,845
Cash - End of Period	11,792	45,771
Supplemental disclosures of cash flow information:
Interest paid	3,057
Income taxes paid
Noncash investing and financing activities:
Vehicles acquired through capital leases	268,927
Note payable issued for vehicle acquired from related party		$ 13,366

Consolidated Balance Sheets - USD ($)	Sep. 30, 2017	Dec. 31, 2016
Current Assets
Cash	$ 11,792	$ 6,359
Accounts receivable	281,376	212,346
Prepaid expenses	17,531	23,640
Total Current Assets	310,699	242,345
Property and equipment; net of accumulated amortization of $164,967 and $272,728, respectively	273,500	45,248
Total Assets	584,199	287,593
Current Liabilities
Cash overdraft
Accounts payable	255,361	156,568
Accrued expenses	338,735	193,261
Line of credit	100,662	100,561
Notes payable,	177,990	15,651
Capital lease obligation	57,844
Due to related party	33,852	30,085
Total Current Liabilities	964,444	496,126
Long Term Liabilities
Due to related party	6,269	8,297
Capital lease obligation	196,429
Total Liabilities	1,167,142	504,423
Stockholders' Deficit
Preferred Stock Authorized: 30,000,000 shares, no par value Issued and Outstanding: 0 shares
Common Stock Authorized: 200,000,000 shares, $0.0001 par value Issued and Outstanding:77,173,320 and 76,978,320 shares as of September 30, 2017 and December 31, 2016, respectively	7,718	7,698
Additional paid-in capital	242,044	222,564
Accumulated deficit	(832,705)	(447,092)
Total Stockholders' Deficit	(582,943)	(216,830)
Total Liabilities and stockholders' deficit	$ 584,199	$ 287,593