v2.4.0.6
Statements of Cash Flows (USD $)
12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Operating Activities    
Net Income $ 45,948 $ 27,779
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Depreciation and amortization 15,820 6,248
Common stock issued for services   5,000
Changes in operating assets and liabilities:    
Accounts receivable and other receivables (212,974) (702,830)
Prepaid expenses and deposits (1,500) (425)
Accounts payable 152,678 115,404
Accounts payable – related parties 144,384 22,679
Accrued liabilities 47,090 53,309
Deferred revenue (31,348) 31,348
Net Cash Provide by (Used in) Operating Activities 160,098 (441,488)
Investing Activities    
Purchase of licenses   (7,500)
Note Receivable (70,000)  
Purchase of property and equipment (4,358) (37,878)
Net Cash Used in Investing Activities (74,358) (45,378)
Financing Activities    
Payment on loan payable – related party (70,000)  
Net proceeds from bank indebtedness 9,017  
Proceeds from loan payable - related party   50,000
Advances from notes payable - related parties   100,000
Proceeds from the sale of common stock   339,104
Net Cash Provided by (Used in) Financing Activities (60,983) 489,104
Increase (Decrease) In Cash 24,757 2,238
Cash - Beginning of Period 2,485 247
Cash - End of Period 27,242 2,485
Supplemental Disclosures:    
Interest paid 26,946 7,393
Income tax paid 0 0
Non-cash Investing and Financing Activities    
Stock issued for settlement of debt and accounts payable   $ 195,000