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TGFIN HOLDINGS, INC. AND SUBSIDIARY (A Development Stage Company) CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) (USD $)
3 Months Ended 120 Months Ended
Mar. 31, 2013
Mar. 31, 2012
Mar. 31, 2013
Cash Flows from Operating Activities:      
Net Loss $ (29,987) $ (17,010) $ (3,505,242)
Amortization of deferred compensation 0 0 13,751
Amortization of software 0 1,000 12,000
Compensation costs of common stock issued or payable to employees and consultants 2,000 4,000 173,355
Cost of donated services 17,000 12,000 155,000
Cost of common stock issued to shareholders 0 0 16,500
Cost of purchased research and development 0 0 255,771
Decrease (increase) in accounts receivable 0 0 31,250
Decrease (increase) in prepaid expenses (1,500) (3,000) 13,252
(Decrease) increase in accounts payable and accrued expenses 7,079 (4,079) (197,993)
Net cash used in operating activities (5,408) (7,089) (3,032,356)
Net cash provided by investing activities 0 0 0
Cash Flows from Financing activities:      
Payments for common stock subscription payable 34,000 0 34,000
Proceeds from convertible notes payable 5,000 14,000 79,000
Net cash provided by financing activities 39,000 14,000 113,000
Net Increase (Decrease) in cash 33,592 6,911 (2,919,356)
Cash, beginning of period 370 952 2,953,318
Cash, end of period 33,962 7,863 33,962
Cash paid during the period for:      
Income taxes 0 0 12,609
Interest 0 0 0
Supplemental Disclosures of Non-Cash Investing and Financing Activities:      
Common stock issued for accrued liabilities 0 0 51,230
Common stock issued to prior shareholders 0 0 16,500
Conversion of preferred stock 0 0 2
Common Stock options issued for software purchase 0 0 5,114
Software acquired with common stock options $ 0 $ 0 $ 12,000