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Globalwise Investments, Inc. (A Development Stage Company) Statements of Cash Flows (Audited) (USD $)
12 Months Ended 171 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2011
Cash Flows from Operating Activities      
Net Loss $ (15,812) $ (6,262) $ (118,108)
Capital contributions - expenses 0 0 6,550
Increase in inventory 0 0 (21,744)
Increase (decrease) in accounts payable 3,899 275 43,768
Increase in accrued interest 5,663 0 5,663
Net Cash Provided (Used) by Operating Activities (6,250) (5,987) (83,871)
Cash Flows from Investing Activities      
Purchase of equipment 0 0 (20,530)
Loss of cash in spin-off 0 0 (1,531)
Net Cash Used by Investing Activities 0 0 (22,061)
Cash Flows from Financing Activities      
Proceeds from stock issuance 0 0 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 (1,250) 1,013 68
Cash and Cash Equivalents, Beginning of Period 1,318 305 0
Cash and Cash Equivalents, End of Period 68 1,318 68
Supplemental Cash Flow Information:      
Interest 0 0 0
Income Taxes 0 0 0
Non-cash Investing and Financing Activities:      
Converted accounts payable and advances into loans 71,995 0 71,995
Issuance of stock in settlement of debt $ 0 $ 0 $ 8,000