XML 18 R5.htm IDEA: XBRL DOCUMENT  v2.3.0.11
Globalwise Investments, Inc. (A Development Stage Company) Condensed Statements of Cash Flows (Unaudited) (USD $)
6 Months Ended 167 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
Cash Flows from Operating Activities      
Net loss $ (6,355) $ (4,051) $ (108,651)
Adjustments to reconcile net loss to cash provided (used) by operating activities:      
Capital contributions - expenses     6,550
Changes in assets and inventory      
Increase in inventory     (21,744)
Increase (decrease ) in accounts payable (275) 2,000 39,594
Increase in accrued interest 2,885   2,885
Net cash provided (used) by operating activities (3,745) (2,051) (81,366)
Cash Flows from Investing Activities      
Purchase of equipment     (20,530)
Loss of cash in spin-off     (1,531)
Net cash used by investing activities 0 0 (22,061)
Cash Flows from Financing Activities      
Proceeds from stock issuance     65,000
Proceeds from advances and loans 5,000 7,000 41,000
Net cash provided by financing activities 5,000 7,000 106,000
Increase (decrease) in cash 1,255 4,949 2,573
Cash and cash equivalents, beginning of period 1,318 305  
Cash and cash equivalents, end of period 2,573 5,254 2,573
Supplemental Cash Flow Information:      
Cash paid for interest 0 0 0
Cash paid for income taxes 0 0 0
Non-Cash Investing and Financing Activities      
Converted accounts payable and advances into loans 66,995   66,995
Issuance of stock in settlement of debt     $ 8,000