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Globalwise Investments, Inc. (A Development Stage Company) Condensed Statements of Cash Flows (Unaudited) (USD $)
9 Months Ended170 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Sep. 30, 2011
Cash Flows from Operating Activities   
Net loss$ (9,047)$ (5,018)$ (111,343)
Capital contributions - expenses006,550
Increase in inventory00(21,744)
Increase (decrease) in accounts payable and accrued expenses(275)1,40039,594
Increase in accrued interest4,32504,325
Net cash provided (used) by operating activities(4,997)(3,618)(82,618)
Cash Flows from Investing Activities   
Purchase of equipment00(20,530)
Loss of cash in spin-off00(1,531)
Net cash used by investing activities00(22,061)
Cash Flows from Financing Activities   
Proceeds from stock issuance0065,000
Proceeds from advances and loans5,0007,00041,000
Net cash provided by financing activities5,0007,000106,000
Increase (decrease) in cash33,3821,321
Cash and cash equivalents, beginning of period1,3183050
Cash and cash equivalents, end of period1,3213,6871,321
Supplemental Cash Flow Information:   
Cash paid for interest000
Cash paid for income taxes000
Non-Cash Investing and Financing Activities   
Converted accounts payable and advances into loans66,995066,995
Issuance of stock in settlement of debt$ 0$ 0$ 8,000