|
Consolidated Statements of Cash Flows (USD $)
|
9 Months Ended |
21 Months Ended |
|
Sep. 30, 2012
|
Sep. 30, 2011
|
Sep. 30, 2012
|
| OPERATING ACTIVITIES: |
|
|
|
| Net loss |
$ (9,497) |
$ (4,640) |
$ (13,406) |
| Adjustments to reconcile net loss to net cash used in operating activities: |
|
|
|
| Amortization |
153 |
|
194 |
| Depreciation |
373 |
|
373 |
| Issuance of common stock for services |
360 |
|
360 |
| Interest Expense |
33 |
|
33 |
| Changes in operating assets and liabilities: |
|
|
|
| Increase in accounts receivable |
(296) |
|
(296) |
| Increase in accounts payable and accrued expenses |
4,632 |
|
4,132 |
| Net cash provided by (used in) operating activities |
(4,242) |
(4,640) |
(8,609) |
| INVESTING ACTIVITIES: |
|
|
|
| Increase in equipment |
(2,798) |
|
(2,798) |
| Net cash used in investing activities |
(2,798) |
|
(2,798) |
| FINANCING ACTIVITIES: |
|
|
|
| Repaymets on Debt |
(1,000) |
|
(1,000) |
| Proceeds from sale of common stock |
5,000 |
12,400 |
17,400 |
| Proceeds from sale of preferred stock |
1,600 |
|
1,600 |
| Net cash provided by financing activities |
5,600 |
12,400 |
18,000 |
| NET INCREASE IN CASH |
(1,440) |
7,760 |
6,593 |
| CASH BEGINNING BALANCE |
8,033 |
|
|
| CASH ENDING BALANCE |
6,593 |
7,760 |
6,593 |
| Non-cash investing and financing activities: |
|
|
|
| Conversion of preferred stock to common stock |
1,600 |
|
1,600 |
| Purchase of intangible assets |
5,000 |
500 |
5,500 |
| SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION: |
|
|
|
| Taxes paid |
|
|
|
| Interest paid |
|
|
|