Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Cash Flows (Unaudited)

v2.4.1.9
Consolidated Statements of Cash Flows (Unaudited) (USD $)
 12 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Cash Flows From Operating Activities:    
Net (loss) income $ (411,234)us-gaap_NetIncomeLoss $ 624,118us-gaap_NetIncomeLoss
Adjustments to reconcile net loss to net cash used in operations    
Amortization of debt discount    33,272us-gaap_AmortizationOfDebtDiscountPremium
Interest expense in connection with the conversion of debentures    68,147us-gaap_InterestExpenseSubordinatedNotesAndDebentures
Amortization of prepaid license fee 12,545us-gaap_OtherAmortizationOfDeferredCharges   
Change in fair value of derivative liabilities (7,006)us-gaap_IncreaseDecreaseInDerivativeLiabilities (32,614)us-gaap_IncreaseDecreaseInDerivativeLiabilities
Stock based consulting expense 179,834us-gaap_ShareBasedGoodsAndNonemployeeServicesTransactionModificationOfTermsIncrementalCompensationCost   
Gain from settlement of debt    (1,285,872)us-gaap_GainsLossesOnExtinguishmentOfDebt
Changes in operating assets and liabilities:    
Accounts receivable (8,410)us-gaap_IncreaseDecreaseInAccountsReceivable   
Prepaid expenses - current portion (10,000)us-gaap_IncreaseDecreaseInPrepaidExpense 7,500us-gaap_IncreaseDecreaseInPrepaidExpense
Accounts payable and accrued expenses 34,365us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities 585,429us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
Net Cash Used In Operating Activities (209,906)us-gaap_NetCashProvidedByUsedInOperatingActivities (20)us-gaap_NetCashProvidedByUsedInOperatingActivities
Cash Flows From Investing Activities:    
Purchase of intangible assets (250,000)us-gaap_PaymentsToAcquireIntangibleAssets   
Net Cash Used In Investing Activities (250,000)us-gaap_NetCashProvidedByUsedInInvestingActivities   
Proceeds from issuance of preferred stock 500,000us-gaap_ProceedsFromIssuanceOfPreferredStockAndPreferenceStock   
Proceeds from issuance of common stock 2,043us-gaap_ProceedsFromIssuanceOfCommonStock   
Net proceeds from a loan - related party 35,000us-gaap_ProceedsFromNotesPayable   
Net Cash Provided by Financing Activities 537,043us-gaap_NetCashProvidedByUsedInFinancingActivities   
Net increase (decrease) in Cash 77,137us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease (20)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease
Cash at Beginning of Period    20us-gaap_CashAndCashEquivalentsAtCarryingValue
Cash at End of Period 77,137us-gaap_CashAndCashEquivalentsAtCarryingValue   
Supplemental disclosure of cash flow information:    
Cash paid for interest      
Cash paid for taxes      
Supplemental disclosure of non-cash investing and financing activities:    
Operating expenses paid by a minority stockholder directly to the Company's vendors    19,675us-gaap_OtherOperatingIncomeExpenseNet
Issuance of common stock for convertible debentures - principal amount    243,382us-gaap_DebtConversionOriginalDebtAmount1
Reclassification of derivative liability to equity    6,332TRKK_ReclassificationOfDerivativeLiabilityUponExtinguishmentOfConvertibleDebenturesValue
Issuance of common stock in connection with a license agreement 2,222,222us-gaap_StockIssued1   
Preferred stock deemed dividend 133,274us-gaap_PaymentsOfDividends   
Issuance of preferred stock for debt and accrued interest $ 133,275TRKK_IssuanceOfPreferredStockForDebtAndAccruedInterest