XML 28 R5.htm IDEA: XBRL DOCUMENT v2.4.0.8
Condensed Consolidated Statements of Cash Flows (USD $)
9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
OPERATING ACTIVITIES    
Net Income (Loss) $ (504,521) $ (649,755)
Adjustments to reconcile Net Income (Loss) to Net Cash provided (used) by operations:    
Amortization 66,263 66,260
Depreciation 9,151 16,369
Stock Compensation 213,200 125,000
Change in assets and liabilities:    
Decrease in Accounts Receivable 74,457 94,578
Decrease in Prepaid Assets 13,770 15,739
Increase (Decrease) in Accounts Payable (5,068) 101
Increase (Decrease) In Accrued Expenses 8,922 4,478
NET CASH PROVIDED (USED) BY OPERATING ACTIVITIES (123,826) (327,230)
INVESTING ACTIVITIES    
Purchase of Furniture and Equipment (8,359) 0
Purchase of Intangible Assets 0 0
NET CASH (USED) BY INVESTING ACTIVITIES (8,359) 0
FINANCING ACTIVITIES    
Net Proceeds from Sale of Stock Subscription 1,171,099 0
Contributions 28,313 342
NET CASH PROVIDED BY FINANCING ACTIVITIES 1,199,412 342
NET CASH INCREASE (DECREASE) FOR PERIOD 1,067,227 (326,888)
CASH AT BEGINNING OF PERIOD 150,071 653,113
CASH AT END OF PERIOD 1,217,298 326,225
Supplemental Disclosure for Cash Flow Information    
Interest 0 114
Income Taxes $ 0 $ 0