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UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Net loss from continuing operations $ (5,942,888) $ (1,909,097)
Depreciation and amortization 235,713 235,878
Amortization of discounts and deferred costs 393,583 (68,214)
Stock issued for debt related costs 3,163,580 0
Stock issued as payment for services 161,600 218,282
Non-cash debt related costs 332,750 0
Loss on debt settlement 1,381,882 732,674
Non-cash expenses 173,029 22,019
(Increase) decrease in accounts receivable 320,710 (41,782)
(Increase) decrease in inventory (7,091) 24,294
(Increase) decrease in accrued interest receivable - related parties (63,759) (12,502)
(Increase) decrease in accrued interest receivable (68,917) (56,250)
(Increase) decrease in prepaids and other assets (76,205) 9,234
Increase (decrease) in accrued royalties (352,736) 4,838
Increase (decrease) in accounts payable (6,506) 23,732
Increase (decrease) in accrued liabilities 92,951 (25,518)
Increase (decrease) in accrued interest payable - related parties 15,517 94,881
Increase (decrease) in accrued interest payable 60,295 (2,151)
Net cash flows provided (used) in operating activities (186,492) (749,682)
Cash paid in acquisitions 0 (100,000)
Purchase of notes receivable - related parties (4,855,566) (798,500)
Proceeds from notes receivable - related parties 2,741,715 297,363
Net cash flows used in investing activities (2,113,851) (601,137)
Net change in overdraft 0 0
Proceeds from notes payable - related parties 722,943 875,796
Payments on notes payable - related parties (1,576,968) (39,481)
Proceeds from notes payable 3,128,500 310,000
Payments on notes payable (925,332) (414,102)
Proceeds from debentures 0 495,000
Proceeds from sale of stock 944,700 149,998
Proceeds from stock subscriptions receivable 157,000 0
Proceeds from stock subscriptions payable 5,000 0
Net cash flows provided by financing activities 2,455,843 1,377,211
Increase in cash 155,500 26,392
Cash and cash equivalents, beginning of period 50,835 (4,363)
Cash and cash equivalents, end of period 206,335 22,029
Interest 57,985 0
Income Taxes 0 0
Common stock issued for services 161,600 218,282
Common stock issued for debt conversion 1,381,882 1,512,307
Amortized discount on notes payable 325,367 3,316
Common stock issued for debt related costs 3,163,580 0
Amortized discount on debentures $ 49,300 $ 0