XML 57 R3.htm IDEA: XBRL DOCUMENT v2.4.0.6
LINKWELL CORPORATION AND SUBSIDIARIES STATEMENTS OF CASH FLOWS (USD $)
6 Months Ended 9 Months Ended
Sep. 30, 2011
Sep. 30, 2012
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income (loss) $ (113,585) $ 1,798,970
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Stock based compensation   104,301
Depreciation and amortization   213,545
Changes in current assets and liabilities:    
Accounts receivable   (678,991)
Accounts receivable - related party   (1,926,942)
Other receivables   (240,452)
Inventories   (28,576)
Accounts payable, other payables and accrued expenses   289,512
Tax payable   315,393
NET CASH USED IN OPERATING ACTIVITIES (113,585) (153,240)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Payments for construction in progress   (117,751)
Purchase of fixed assets   (156,949)
Cash acquired from acquisition   653,589
Purchase of real property and mining rights (3,000,000)  
NET CASH PROVIDED (USED) BY INVESTING ACTIVITIES (3,000,000) 378,889
CASH FLOWS FROM FINANCING ACTIVITIES:    
Increase in due to related parties 113,585 1,070,858
Investment from shareholders for real property and mineral rights 3,000,000  
Payment of note payable extension for real property and mineral rights   (300,000)
NET CASH PROVIDED BY FINANCING ACTIVITIES 3,113,585 770,858
EFFECT OF EXCHANGE RATE ON CASH   (18,260)
NET INCREASE IN CASH   978,247
CASH   978,247
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:    
Cash paid for taxes   61,808
Cash paid for interest   $ 306,733