ORIGINAL SOURCE ENTERTAINMENT, INC, (A Development Stage Company) CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)	6 Months Ended	22 Months Ended
Jun. 30, 2011	Jun. 30, 2010	Jun. 30, 2011
Cash Flows From Operating Activities:
Net income (loss) during the development stage	$ (7,912)	$ (2,779)	$ (16,735)
Adjustments to reconcile net loss to net cash provided by (used for) operating activities:
Related party payables	952		952
Accrued payables	68		68
Compensatory stock issuances		3,000	3,000
Net cash provided by (used for) operating activities	(7,844)	221	(12,715)
Cash Flows From Financing Activities:
Notes payable - borrowings	3,500		16,000
Sale of common stock		1,000	1,500
Net cash provided by (used for) financing activities	3,500	1,000	17,500
Net Increase (Decrease) In Cash	(4,344)	1,221	4,785
Cash At The Beginning Of The Period	9,129
Cash At The End Of The Period	$ 4,785	$ 1,221	$ 4,785

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Cash equivalents, excluding items classified as marketable securities, include short-term, highly liquid investments that are both readily convertible to known amounts of cash, and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Generally, only investments with original maturities of three months or less qualify under that definition. Original maturity means original maturity to the entity holding the investment. For example, both a three-month US Treasury bill and a three-year Treasury note purchased three months from maturity qualify as cash equivalents. However, a Treasury note purchased three years ago does not become a cash equivalent when its remaining maturity is three months. Compensating balance arrangements that do not legally restrict the withdrawal or usage of cash equivalents may be reported as cash equivalents, while legally restricted equivalents held as compensating balances against borrowing arrangements, contracts entered into with others, or company statements of intention with regard to particular equivalents are not generally reported as part of unrestricted cash equivalents.

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The increase (decrease) in cash, excluding cash equivalents, for an entity that has cash equivalents, but does not aggregate cash equivalents with cash on the balance sheet. For example, an entity that aggregates cash equivalents with investments discloses the balance of cash excluding cash equivalents on the balance sheet and the change in cash excluding cash equivalents on the statement of cash flows. While for technical reasons this element has no balance attribute, the default assumption is a debit balance consistent with its label.

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The capitalized costs incurred during the period (excluded from amortization) to obtain access to proved reserves and to provide facilities for extracting, treating, gathering and storing the oil and gas.

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The fair value of restricted stock or stock options granted to nonemployees as payment for services rendered or acknowledged claims.

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The net cash inflow or outflow from financing activity for the period.

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The net cash from (used in) all of the entity's operating activities, including those of discontinued operations, of the reporting entity. Operating activities generally involve producing and delivering goods and providing services. Operating activity cash flows include transactions, adjustments, and changes in value that are not defined as investing or financing activities. While for technical reasons this element has no balance attribute, the default assumption is a debit balance consistent with its label.

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Receivables to be collected from (obligations owed to) related parties, net as of the balance sheet date within one year where one party can exercise control or significant influence over another party; including affiliates, owners or officers and their immediate families, pension trusts, and so forth.

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Cash received on stock transaction after deduction of issuance costs.

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