|
Statements Of Cash Flows (USD $)
|
9 Months Ended |
|
Mar. 31, 2012
|
Mar. 31, 2011
|
| Net income (loss) |
$ (60,547) |
$ 102,293 |
| Depreciation and amortization |
19,777 |
13,579 |
| Amortization of debt discount |
1,514 |
4,543 |
| Gain on sale of direct retail business |
(88,795) |
|
| Common shares received for retail business |
(6,081) |
|
| Common shares issued for services and compensation |
34,600 |
32,900 |
| Common shares issued for interest |
|
45,107 |
| Gain on settlement of debt |
|
(233,000) |
| Change in trade accounts receivable |
(17,647) |
(149,238) |
| Change in inventories |
12,493 |
(55,521) |
| Change in other assets |
(51,033) |
(9,032) |
| Change in accounts payable and other current liabilities |
53,378 |
2,825 |
| Net Cash Used in Operating Activities |
(68,906) |
(245,544) |
| Cash flows from investing activities |
|
|
| Purchases of equipment |
(98,095) |
(8,268) |
| Net Cash Used in Investing Activities |
(98,095) |
(8,268) |
| Proceeds from common stock issued |
110,770 |
397,832 |
| Proceeds from notes payable |
112,727 |
20,568 |
| Repurchase of common stock |
|
(5,832) |
| Repayment of notes payable and long term obligations |
(55,728) |
(57,009) |
| Net Cash Provided by Financing Activities |
167,769 |
355,559 |
| Net increase in cash and cash equivalents |
768 |
101,747 |
| Beginning of period |
9,753 |
203 |
| End of period |
10,521 |
101,950 |
| Cash paid for interest |
13,319 |
26,419 |
| Cash paid for income taxes |
|
|
| Supplemental disclosure of non cash financing and investing activities |
|
|
| Conversion of debt to equity |
12,000 |
546,747 |
| Conversion of accrued interest to equity |
|
16,710 |
| Conversion of accrued compensation and professional fees to equity |
22,643 |
94,632 |
| Stock issued for purchase of machinery and equipment |
$ 20,000 |
|