XML 22 R6.htm IDEA: XBRL DOCUMENT v2.3.0.15
Consolidated Statements of Cash Flows (USD $)
12 Months Ended
Jun. 30, 2011
Jun. 30, 2010
CASH FLOWS FROM OPERATING ACTIVITIES  
Net Income (loss)$ (1,121,250)$ (664,023)
Depreciation and amortization172,644187,942
Stock and options issued for compensation380,400126,800
Gain on sale of asset(6,609) 
Adjustments to reconcile net loss to net cash  
Decrease (increase) in accounts receivable30,43239,327
Decrease (increase) in sales tax refunds(12,992)4,455
Decrease (increase) in inventory(131,727)36,658
Decrease (increase) in prepaid expenses(99)3,464
Increase (decrease) in customer deposits held383,125(156,697)
Increase (decrease) in accounts payable & accrued expenses1,174235,233
Increase (decrease) in payables to related parties250,000195,612
Net cash provided (used) by operating activities(54,902)8,771
CASH FLOWS FROM INVESTING ACTIVITIES  
Purchase of equipment (54,709)
Proceeds from sale of fixed assets9,212 
Net cash provided (used) in investing activities9,212(54,709)
CASH FLOWS FROM FINANCING ACTIVITIES  
Principal payment on capital leases(9,253)(15,033)
Loans from related parties59,535 
Net cash used by financing activities50,282(15,033)
NET INCREASE (DECREASE) IN CASH4,592(60,971)
Foreign exchange (gains) losses 30,354
CASH - Beginning of period3,27433,891
CASH - End of period7,8663,274
NON-CASH FINANCING AND INVESTING TRANSACTIONS:  
Purchase of equipment with capital lease $ 49,017