v2.4.0.6
Statements of Cash Flows (USD $)
 6 Months Ended 78 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
Cash flows from operating activities:      
Net loss $ (76,717) $ (72,465) $ (1,044,943)
Adjustments to reconcile net loss to net cash used in operating activities:      
Amortization of intangible asset 0 0 38,599
Impairment of inventory and intangible assets 0 0 4,379
Officers compensation expense paid in stock 24,000 24,000 230,000
Officers compensation expense as contributed capital 0 0 50,000
Changes in operating assets and liabilities:      
Inventory 0 0 (871)
Prepaid expense 0 0 5,434
Accounts payable 7,457 62 10,532
Accrued royalty 0 0 619
Interest payable 13,090 8,286 42,099
Net cash used in operating activities (32,170) (40,117) (523,311)
Cash flows from investing activities:      
Acquisition of Select Video assets 0 0 (17,000)
Net cash used in investing activities 0 0 (17,000)
Cash flows from financing activities:      
Proceeds from subscription receivable 0 0 14,000
Proceeds from issuance of common stock 0 0 426,000
Redemption of common stock 0 0 (91,667)
Proceeds from note payable related party 25,000 40,000 210,000
Payment of short-term debt 0 0 (2,375)
Net cash provided by financing activities 25,000 40,000 555,958
Net increase (decrease) in cash (7,170) (117) 15,647
Cash, beginning of the period 22,817 3,081 0
Cash, end of the period 15,647 2,964 15,647
Acquisition of certain assets and liabilities of Select Video in exchange for common stock      
Inventory 0 0 750
Intangible Asset 0 0 24,357
Accounts Payable 0 0 (32,000)
Note Payable 0 0 (7,084)
Accrued interest converted into note payable 12,820 6,144 41,195
Stock subscriptions received for common stock 0 0 14,000
Services
      
Adjustments to reconcile net loss to net cash used in operating activities:      
Common stock issued 0 0 6,500
Consulting service expense
      
Adjustments to reconcile net loss to net cash used in operating activities:      
Common stock issued 0 0 134,341
In lieu of cash for notes payable
      
Acquisition of certain assets and liabilities of Select Video in exchange for common stock      
Stock issued 0 0 19,709
In lieu of cash for prepaid services
      
Acquisition of certain assets and liabilities of Select Video in exchange for common stock      
Stock issued $ 0 $ 0 $ 175,400