XML 52 R5.htm IDEA: XBRL DOCUMENT v2.4.0.6
UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Cash flows from operating activities:    
Net income (loss) from continuing operations $ (1,140,014) $ (7,588,460)
Adjustments to reconcile net loss to net cash provided (used) in Operating activities:    
Depreciation and amortization 48,413 353,165
Amortization of discounts and deferred costs 386,721 498,436
Stock and warrants issued as payment for services 143,900 161,600
Warrants issued as compensation 672,734 0
Warrant Expense 342,253 757,702
Non-cash debt related costs 1,299 250,000
Stock issued for debt related costs 0 3,338,200
Stock issued as payment of expenses 0 388,080
Re-acquisition of distributorship 907,872 0
(Gain) loss on fair market value of derivative liabilities (3,355,868) (178,145)
(Gain) loss on debt settlement 8,363 1,128,914
(Gain) loss on stock issuance delay 3,416 0
(Gain) on joint venture 0 (11,655)
Increase (decrease) in allowance for uncollectible notes receivable 493,233 0
Prepayment Expense (31,638) 0
Non-cash expenses 0 201,387
Changes in assets and liabilities:    
(Increase) decrease in accounts receivable (149,409) 375,595
(Increase) decrease in inventory (273,308) (15,424)
(Increase) decrease in employee advances 20,733 0
(Increase) decrease in accrued interest receivable - related parties (22,378) (106,741)
(Increase) decrease in accrued interest receivable (104,272) (106,138)
(Increase) decrease in prepaids and other assets (17,247) (45,000)
Increase (decrease) in allowance for uncollectible interest 131,011 0
Increase (decrease) in accrued royalties 281,250 (93,750)
Increase (decrease) in accounts payable 255,914 (95,011)
Increase (decrease) in accrued liabilities (71,238) 88,937
Increase (decrease) in accrued interest payable - related parties 12,964 28,793
Increase (decrease) in accrued interest payable 155,075 86,210
Net cash flows provided (used) in operating activities (1,300,221) (583,305)
Cash flows from investing activities:    
Purchase of property and equipment (2,060) 0
Purchase of notes receivable - related parties 0 (5,284,666)
Proceeds from notes receivable - related parties 371,839 4,330,244
Net cash flows used in investing activities 369,779 (954,422)
Cash flows from financing activities:    
Net change in bank overdraft 0 0
Proceeds from notes payable - related parties 315,200 831,363
Payments on notes payable - related parties (26,200) (1,617,852)
Proceeds from notes payable 1,774,500 3,213,000
Payments on notes payable (1,480,000) (1,960,498)
Proceeds from debentures 347,500 0
Proceeds from sale of stock 15,248 954,699
Proceeds from stock subscriptions receivable 0 167,001
Proceeds from stock subscriptions payable 0 5,000
Net cash flows provided by financing activities 946,248 1,592,713
Increase (decrease) in cash 15,806 54,986
Cash and cash equivalents, beginning of period 3,608 50,835
Cash and cash equivalents, end of period 19,414 105,821
Cash paid during the period for:    
Interest 7,258 91,101
Income Taxes 0 0
Supplemental non-cash investing and financing activities:    
Common stock issued for debt conversion 678,000 1,282,664
Common stock issued for services 117,500 161,600
Common stock issued for debt related costs $ 1,200 $ 3,163,580