v2.4.0.8
Condensed Statements of Cash Flows (USD $)
9 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Cash flows from operating activities:    
Net loss $ (289,247) $ (646,814)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 6,609 8,906
(Gain)/loss on sale of equipment (8,279) 9,667
(Gain)/loss on derivative liabilities 24,689 17,901
(Gain)/loss on sale of notes receivable 9,550 0
Consulting expenses (stock)    34,200
Interest and fee expenses (stock) 34,829 46,250
Beneficial conversion feature amortization 6,940 233,361
Debt discount amortization 4,100 79,713
Change in operating assets and liabilities:    
Accounts receivable 39,962 (92,840)
Inventory    2,199
Prepaid expenses (2,000) 13,533
Note receivable (15,717) (53,964)
Other Assets    2,313
Accounts payable 218 66,985
Accrued expenses 24,310 (27,386)
Warranty liability (920) 2,331
Other payables 8,587 249
Loans payable to shareholders 127,045 183,079
Payments on loans payable to shareholders (6,995) (14,300)
Accrued interest (related parties) 12,295 (5,596)
Net cash used in operating activities (24,024) (140,213)
Cash flows from investing activities:    
Proceeds from sales of notes receivable 22,951   
Proceeds from sale of equipment 11,000   
Purchase of property and equipment    (1,500)
Net cash provided by/(used in) investing activities 33,951 (1,500)
Cash flows from financing activities:    
Proceeds from convertible notes payable    155,000
Net cash flows provided by financing activities    155,000
Increase in cash and cash equivalents 9,927 13,287
Cash at beginning of period 18,112 7,008
Cash at end of period 28,039 20,295
Cash paid for:    
Interest 8,940 12,086
Interest (related parties) 7,112 8,283
Non-cash activities:    
Stock issued for loans and interest 165,673 304,800
Stock issued for shareholder loans and interest 3,500 1,216
Derivative liability and beneficial conversion features    278,333
Reclassification of loans payable to shareholders to convertible notes payable    316,117
Non-cash sale of equipment for A/P $ 9,000