v2.4.0.6
Statements of Cash Flows (Unaudited) (USD $)
6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Operating Activities    
Net Income (loss) $ (431,629) $ 69,277
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 6,056 9,409
Bad debt expense 54,461  
Shares issued for services 12,000  
Loss on settlement of accounts payable 184,000  
Changes in operating assets and liabilities:    
Accounts receivable (363) (173,408)
Prepaid expenses and other current assets   (1,500)
Accounts payable 20,191 195,111
Accounts payable – related parties 233  
Accrued liabilities (5,043) 36,959
Deferred revenue   (31,348)
Net Cash Provided by (Used in) Operating Activities (160,094) 104,500
Investing Activities    
Purchase of property and equipment   (3,759)
Net Cash Used in Investing Activities   (3,759)
Financing Activities    
Proceeds from bank indebtedness (789)  
Proceeds from loan payable - related party 135,000  
Repayment of notes payable - related parties   (70,000)
Net Cash Provided by (Used in) Financing Activities 134,211 (70,000)
Increase (Decrease) In Cash (25,883) 30,741
Cash - Beginning of Period 27,242 2,485
Cash - End of Period 1,359 33,226
Supplemental Disclosures:    
Interest paid 8,295 4,178
Income tax paid $ 0 $ 18,545