XML 18 R6.htm IDEA: XBRL DOCUMENT v2.4.0.6
CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Cash flows from operating activities:    
Net loss $ (161,612) $ (89,175)
Adjustments to reconcile net loss to net cash used in operating activities:    
Amortization of debt discount 9,832 0
Gain on settlement of accounts payable (84,600) (135,794)
Changes in operating assets and liabilities:    
Decrease in accounts receivable 9,070 35,930
Decrease (increase) in prepaid expenses and other current assets (1,830) 1,148
Increase (decrease) in accounts payable and accrued expenses (13,315) (97,395)
Increase (decrease) in accounts payable and accrued expenses due to related parties (242,313) 151,625
Net cash used in operating activities (484,768) (133,661)
Cash flows from financing activities :    
Proceeds from the issuance of common stock and warrants 0 138,150
Proceeds from notes payable 58,400 0
Proceeds from notes payable - related parties 520,947 0
Net cash from financing activities 579,347 138,150
Net increase in cash and cash equivalents 94,579 4,489
Cash and cash equivalents at beginning of year 5,254 765
Cash and cash equivalents at end of year 99,833 5,254
Cash paid during the year for interest 0 5,084
Significant Non Cash Transactions    
Accounts Payables. 0 (195,996)
Common stock and additional paid in capital 195,996  
Notes payables. (117,947) 0
Shares subscribed , $ 117,947 $ 0