XML 21 R6.htm IDEA: XBRL DOCUMENT v3.2.0.727
Consolidated Statements of Cash Flows (Unaudited) - USD ($)
6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Cash flows from operating activities:    
Net loss $ (1,388,172) $ (703,043)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 1,526 1,609
Trophy Bingo amortization 241,006 241,006
Gain from the sale of the domain name (16,305) 0
Changes in operating assets and liabilities:    
Accounts receivable 108,750 141,772
Prepaid expenses 4,164 68,313
Security deposits 609 (57)
Accounts payable and accrued liabilities 6,732 76,018
Net cash used in operating activities (1,041,690) (174,382)
Cash flows from investing activities:    
Acquisition of equipment (272) (3,329)
Software development 0 (51,701)
Net cash used in investing activities (272) (55,030)
Cash flows from financing activities:    
Exercise of stock options 0 9,350
Proceeds from the issuance of shares 0 700,000
Net cash provided by financing activities 0 709,350
Change in cash (1,041,962) 479,938
Cash, beginning of period 2,876,386 491,203
Cash, end of period 1,834,424 971,141
Supplementary information:    
Interest paid 0 0
Income taxes paid 0 0
Non-cash financing activity 0 0
Non-cash investing activity $ 0 $ 0