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SANGUINE CORPORATION & SUBSIDIARY (A Development Stage Company) Consolidated Statements of Cash Flows (Unaudited) (USD $)
9 Months Ended 272 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Sep. 30, 2012
Net loss $ (268,830) $ (1,329,368) $ (10,847,581)
Adjustments to reconcile net loss to net cash used by operating activities:      
Depreciation and amortization 135 135 6,847
Common stock issued for services 0 0 3,365,446
Contributed capital 10,125 9,756 39,622
Share based compensation 0 1,002,258 1,002,259
Stock warrants granted 0 0 8,650
Amortization of debt discounts 44,050 0 92,689
Legal expense related to beneficial conversion feature 0 0 3,750
Note payable issued for services 0 0 727,950
Gain on extinguishments of debt 0 1,862 (181,753)
Gain on conversions of debt to equity 0 0 (1,396,219)
Recognition of expenses prepaid with common stock 0 0 456,184
Warrant extension 0 0 34,493
Gain/loss on foreign currency exchange 0 0 9,099
(Increase) decrease in accounts receivable 0 28,000 0
(Increase) decrease in prepaid expense 0 0 1,198,717
Increase in accounts payable and related party payables 152,130 143,161 1,135,140
Increase in accrued interest payable 17,156 6,935 580,293
Increase in accrued liabilities 2,700 0 12,825
Increase in customer deposits 0 0 45,000
Increase in accrued salaries 0 0 987,661
Net Cash Used by Operating Activities (42,534) (137,261) (2,718,928)
CASH FLOWS FROM INVESTING ACTIVITIES      
Cash paid for fixed assets 0 0 (6,995)
Net Cash Used by Investing Activities 0 0 (6,995)
CASH FLOWS FROM FINANCING ACTIVITIES      
Proceeds from warrant conversion 0 0 524,700
Proceeds from notes payable and notes payable - related party 21,000 137,000 437,800
Payments on notes payable and notes payable - related party 0 0 (22,900)
Proceeds from issuance of convertible debentures 0 0 40,000
Additional contributed capital 0 0 750
Preferred stock subscription 25,000 0 58,500
Preferred stock issued for cash 0 0 125,000
Common stock issued for cash 0 0 1,566,975
Net Cash Provided by Financing Activities 46,000 137,000 2,730,825
NET INCREASE (DECREASE) IN CASH 3,466 (261) 4,902
CASH AT BEGINNING OF PERIOD 1,436 1,195 0
CASH AT END OF PERIOD 4,902 934 4,902
SUPPLEMENTAL SCHEDULE OF CASH FLOW ACTIVITIES      
Interest 0 0 0
Income taxes 0 0 2,500
NON-CASH ACTIVITIES      
Common stock issued for debt conversion 0 0 9,600
Equity instruments issued for services rendered 0 0 3,236,641
Contributed capital for interest contributed 10,125 6,449 39,622
Interest on beneficial conversion feature 44,050 92,689  
Legal expense related to beneficial conversion feature 0 0 3,750
Note payable issued for services 0 0 727,950
Amortization of prepaid expenses 0 0 585,019
Common stock issued for debt 0 6,075 2,842,123
Conversion of preferred stock to common stock 0 0 500
Stock subscription converted to note payable $ 0 $ 0 $ 8,500