Supplemental Cash Flow Information

3 Months Ended

Mar. 31, 2012

7. Supplemental Cash Flow Information

Supplemental cash flow information for the three months ended March 31, 2012 and 2011 is as follows:

	2012		2011
Cash paid for interest	$	71,000	$	44,000

Non-cash investing and financing activities:
Beneficial conversion feature issued with convertible debt	$	215,584	$	-
Conversion of debt and accrued interest to equity	$	579,843	$	-
Warrant issued for prepaid consulting services	$	247,744	$	-
Gain from change in fair value of interest rate swap derivative	$	22,642	$	-
Retirement of derivative warrant liability	$	-	$	3,505,914

- Definition

The entire disclosure for supplemental cash flow activities, including cash, noncash, and part noncash transactions, for the period. Noncash is defined as information about all investing and financing activities of an enterprise during a period that affect recognized assets or liabilities but that do not result in cash receipts or cash payments in the period. "Part noncash" refers to that portion of the transaction not resulting in cash receipts or cash payments in the period.

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