10-Q/A

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 10-Q/A

[X]  QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the quarterly period ended: September 30, 2011

Or

[ ]  TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the transition period from: to

Mobile Area Networks, Inc.

(Exact name of registrant as specified in its charter)

Florida 333-18439 59-3482752]

(State or Other Jurisdiction (Commission (I.R.S. Employer

of Incorporation) File Number) Identification No.)

2772 Depot Street, Sanford, Florida 32773

(Address of Principal Executive Office) (Zip Code)

407-333-2350

(Registrant’s telephone number, including area code)

N/A

(Former name, former address and former fiscal year, if changed since last report)

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.

[X] Yes  [ ] No

Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files).

[X] Yes  [ ] No

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer., or a smaller reporting company.

Large accelerated filer	[ ]	Accelerated filer	[ ]
Non-accelerated filer	[ ]	Smaller reporting company	[X]

Indicate by check mark whether the registrant is a shell company (as defined in Rule 1 2b-2 of the Act).

[ ] Yes  [X] No

As of September 30, 2011, 49,060,788 shares of voting common stock were outstanding

Mobile Area Networks, Inc.

Index

PART I – FINANCIAL INFORMATION

	Page
Item 1.	Financial Statements	3
Item 2.	Management's Discussion and Analysis of Financial Condition and Results of Operation	7
Item 3.	Quantitative and Qualitative Disclosures about Market Risk	9
Item 4.	Controls and Procedures	9

PART II - OTHER INFORMATION

Item 1.	Legal Proceedings	10
Item 1A.	Risk Factors	10
Item 2.	Unregistered Sales of Equity Securities and Use of Proceeds	10
Item 3.	Defaults Upon Senior Securities	10
Item 4.	Submission of Matters to a Vote of Securities Holders	10
Item 5.	Other Information	10
Item 6.	Exhibits	10
	SIGNATURE	11

Item 1. Financial Statements

MOBILE AREA NETWORKS, INC.

(A Florida Corporation) Sanford, Florida

Balance Sheets

	December 31, 2010 (Audited)		September 30, 2011 (Unaudited)
Assets
Current assets:
Cash and Cash Equivalent	$                  -	$
Accounts Receivable-Net of Allowance for Doubtful Accounts	16,257		9,158
Inventory	67,953		63,480
Total current assets	84,210		72,638
Property and Equipment-Net of Accumulated Depreciation	15,470		10,829
Other Assets:
Security Deposits and Other Assets	7,092		7,092
Total Assets	$               106,772	$	90,559
Liabilities and Stockholders' Deficit
Current liabilities:
Bank Overdraft	$ 13,587	$	9,510
Notes and Capital Leases Payable-Due Within One Year	99,596		107,284
Accounts Payable	96,729		90,935
Accrued Expenses	268,272		365,870
Total current liabilities	478,184		573,599
Other Liabilities:
Notes and Capital Leases Payable-Due After One Year	-		-
Accrued Salaries-Related Party	1,308,048		1,368,048
Advances from Stockholders	398,419		432,419
Total Liabilities	2,184,651		2,374,066
Stockholders’ Deficit
Common stock, no par value, authorized 50,000,000 shares, issued and outstanding 49,060,788 shares	4,656,636		4,656,636
Paid-In Capital	56,840		56,840
Accumulated Deficit	(6,791,355)		(6,996,983)
Total Stockholders’ Deficit	(2,077,879)		(2,283,507)
Total Liabilities and Stockholders’ Deficit	$               106,772	$	90,559

See accompanying notes to financial statements.

MOBILE AREA NETWORKS, INC.

(A Florida Corporation)

Sanford, Florida

Statements of Operations

Three and Nine months ended September 30, 2011 and 2010
(Unaudited)

	Three			Three			Nine			Nine
	Months			Months			Months			Months
	Ended			Ended			Ended			Ended
	September 30,			September 30,			September 30,			September 30,
	2011			2010			2011			2010
Sales-Net of Returns and Allowances	$	39,789		$	69,564		$	135,366		$	249,450
Cost of Goods Sold		27,964			64,756			115,506			211,807
Gross Profit (Loss)		11,825			4,808			19,860			37,643
Operating expenses
Depreciation		1,547			1,547			4,641			4,641
Bad Debt Expense		—			—			2,000			—
Interest and Finance Charges		2,279			3,604			11,191			11,608
Outside Services		6,124			5,446			10,694			7,096
Administrative Payroll and taxes					51,113			97,941			154,854
Professional Services					1,525			7,550			10,925
Other Operating Expenses		20,257			47,879			91,471			138,030
Total Operating Expenses		30,207			111,114			225,488			327,154
Loss Before Other Income and Provision for Taxes		(18,382	)		(106,306	)		(205,628	)		(289,511	)
Other Income Trade Accounts Payable written-off		—			—			—			—
Net Income (Loss) before taxes		(18,382	)		(106,306	)		(205,628	)		(289,511	)
Provision for Taxes		—			—			—			—
Net Loss for the Period	$	(18,382	)	$	(106,306	)	$	(205,628	)	$	(289,511	)
Weighted Average Number of Common Shares
Outstanding-Basic and Diluted		49,060,788			48,860,788			49,060,788			48,860,788
Net loss per share-Basic and Diluted	$	(0.00	)	$	(0.00	)	$	(0.00	)	$	(0.01	)

See accompanying notes to financial statements.

MOBILE AREA NETWORKS, INC.
(A Florida Corporation)
Sanford, Florida
Statements of Cash Flows

Nine months ended September 30, 2011 and 2010
(Unaudited)

	Nine Months Ended September 30, 2011			Nine Months Ended September 30, 2010
Cash flows from operating activities
Net income (loss) for the Period	$	(205,628	)	$	(289,511	)
Adjustments to Reconcile Net Loss to Net Cash Flows from Operating Activities:
Depreciation		4,641			4,641
Bad Debt Expense		2,000
Changes in Assets and Liabilities:
Accounts Receivable		5,099			10,484
Inventory		4,473			2,681
Accounts Payable		(5,794	)		6,779
Accrued Expenses		97,598			114,636
Accrued Salaries-Related Party		60,000			64,375
Net Cash Flows from Operating Activities		(37,611	)		(85,915	)
Cash Flows from Investing
Activities Acquisition of Property and Equipment
Cash Flows from Financing Activities
Advances (Repayments) from Stockholders		34,000			54,225
Proceeds from Issuance of Common Stock
Increases (Repayment) of Notes and Capital Leases Payable		7,688			1,502
Net Cash Flows from Financing Activities		41,688			55,727
Net Change in Cash and Cash Equivalents		4,077			(30,188	)
Cash and Cash Equivalents (Bank Overdraft)-Beginning of Period		(13,587	)		42,837
Cash and Cash Equivalents (Bank Overdraft)-End of Period	$	(9,510	)	$	12,649
Supplemental disclosure of cash flow information
Cash paid for:
Taxes
Interest	$	11,191		$	11,608
See accompanying notes to financial statements.

MOBILE AREA NETWORKS, INC.
(A Florida Corporation)
Sanford, Florida
Notes to Financial Statements

Note A - Basis of Presentation

The condensed financial statements of Mobile Area Networks, Inc. (the ”Company”) included herein have been prepared by the Company, without audit, pursuant to the rules and regulations of the Securities and Exchange Commission (the “SEC”). Certain information and footnote disclosures normally included in financial statements prepared in conjunction with generally accepted accounting principles have been condensed or omitted pursuant to such rules and regulations, although the Company believes that the disclosures are adequate to make the information presented not misleading. These condensed financial statements should be read in conjunction with the annual audited financial statements and the notes thereto included in the Company’s annual report on Form 10-K.

The accompanying unaudited interim financial statements reflect all adjustments of a normal and recurring nature which are, in the opinion of management, necessary to present fairly the financial position, results of operations and cash flows of the Company for the interim periods presented. The results of operations for these periods are not necessarily comparable to, or indicative of, results of any other interim period or for the fiscal year taken as a whole.

Reclassifications

Certain amounts in the prior year financial statements have been reclassified to conform with the current year presentation.

Note B - Going Concern

The Company’s financial statements have been presented on the basis that it is a going concern, which contemplates the realization of assets and the satisfaction of liabilities in the normal course of business. The Company has reported a net loss of $205,628 and $289,511 for the Nine months ended September 30, 2011 and 2010, respectively. As a result, there is an accumulated deficit of $6,996,983 at September 30, 2011. The primary causes of the loss for 2011 and operating losses in earlier years are attributable to decreases in orders from several key customers, competition and soft economic conditions.

The Company’s continued existence is dependent upon its ability to raise capital and/or achieving profitable operations. The Company plans to raise sufficient working capital through equity offerings and restructure debt to lower its monthly payments and interest costs. The Company continues to fund operational deficits through the acquisition of debt and equity financing through private individuals. The financial statements do not include any adjustments that might be necessary should the Company be unable to continue as a going concern.

Note C-Amended Financial Statements

These financial statements are being filed as “amended” because the originals were not reviewed by the Company’s independent accounting firm within the forty-five day post balance sheet date filing deadline. This amended Form 1 0-Q/A has been reviewed by the Company’s independent accountant.

Item 2.

MANAGEMENT’S DISCUSSION AND

ANALYSIS OF FINANCIAL CONDITION AND
RESULTS OF OPERATIONS

Liquidity and Capital Resources

Working Capital amounted to $(500,961) at September 30, 2011 compared to $(393,974) at December 31, 2010. Cash amounted to a Bank Overdraft of $9,510 at September 30, 2011 as compared to a Bank Overdraft of $13,587 at December 31, 2010. As more fully described under the Company’s statements of cash flows in the accompanying financial statements, net cash from or (used in) operating activities for the Nine months ended September 30, 2011 and 2010 was $(37,61 1) and ($85,915). For the Nine months ended September 30, 2011 and 2010, cash was provided primarily by operations and Advances from Stockholders. During the Nine months ended September 30, 2011 and 2010, cash was used to fund operations.

As indicated herein, the Company’s short term liquidity needs have been historically satisfied primarily from the continuing sale of the Company stock and advances from stockholders.

Results of Operations

Sales decreased during the current period second quarter and Nine months as compared with the year earlier period. For the three months ended September 30, 2011 sales were $39,789 and for the three months ended September 30, 2010, sales were $69,564. For the Nine months ended September 30, 2011, sales were $135,366 and for the Nine months ended September 30, 2010, sales were $249,450. The decreases for both the three month and Nine month periods relate to a weaker economy and the Company’s unsuccessful ability to receive an increase in orders from its existing customer base.

Cost of Goods Sold decreased during the three and Nine month periods when compared to the year earlier periods. For the three months ended September 30, 2011, Cost of Goods Sold were $27,964 and for the three months ended September 30, 2010, Cost of Goods Sold were $64,756. For the Nine months ended September 30, 2011, Cost of Goods Sold were $115,506 and for the Nine months ended September 30, 2010, Cost of Goods Sold were $211,807. The decreases for the three and Nine month periods related to the decreases in sales.

Total Operating Expenses decreased to $30,207 for the three months ended September 30, 2011 from $111,114 for the three months ended September 30, 2010. For the Nine months ending September 30, 2011, operating expenses decreased to $225,488 from $327,154 for the Nine months ending September 30, 2010.

Depreciation expense remained unchanged at $1,547 for the three months ended September 30, 2011 and September 30, 2010, respectively. For the Nine months ended September 30, 2011 and September 30, 2010, respectively, depreciation expense was $4,641.

Bad Debt Expense was $-0- for the three months ending September 30, 2011 and September 30, 2010, respectively. For the Nine months ending September 30, 2011, Bad Debt Expense increased to $2,000 from $-0- for the Nine months ending September 30, 2010. The reserve for uncollected accounts is considered reasonable based on the aging of accounts receivable.

Interest and Finance Charges decreased to $2,279 for the three months ended September 30, 2011 from $3,604 for the three months ended September 30, 2010. Interest and Finance Charges decreased to $11,191 for the Nine months ended September 30, 2011 from $11,608 for the Nine months ended September 30, 2010. The current period interest expense and finance charges are less due to a lower interest rate environment on credit cards.

Outside Services expense was $6,124 for the three months ended September 30, 2011 and $5,446 for the three months ending September 30, 2010. For the Nine months ended September 30, 2011, Outside Services expense was $10,694 compared to $7,096 for the Nine months ended September 30, 2010. The incidence of contracted labor expenses vary with Company staffing and the levels of production.

Administrative Payroll and Payroll Tax expense decreased to $0 for the three months ending September 30, 2011 from $51,113 for the three months ending September 30, 2010. Administrative Payroll and Payroll Tax expense decreased to $97,941 for the Nine months ending September 30, 2011 from $154,854 for the Nine months ending September 30, 2010. The reduced expenses for the quarter and Nine months is attributable to a reduction in staff necessitated by the decrease in sales.

Professional Services expense decreased to $0 for the three months ended September 30, 2011 from $1,525 for the three months ended September 30, 2010. For the Nine months ended September 30, 2011, Professional Services expense decreased to $7,550 from $10,925 for the Nine months ended September 30, 2010. The expense is for audit and review services from the Company’s independent public accountants and also legal services.

Other Operating Expenses were $20,257 for the three months ended September 30, 2011 and $47,879 for the three months ended September 30, 2010. Other Operating Expenses were $91,471 for the Nine months ended September 30, 2011 and $138,030 for the Nine months ended September 30, 2010. The decreases for the three and Nine month periods reflect decreased spending for electric utilities, travel, local taxes and telephone expenses.

The Net Loss for the Period was $(18,382) for the three months ended September 30, 2011 an increase from the $(106,306) Net Loss for The Period reported for the three months ended September 30, 2010. The Net Loss for the Period was $(205,628) for the Nine months ended September 30, 2011, an increase from the $(289,511) Net Loss reported for the Nine months ended September 30, 2010. The Net Loss Per Share remained unchanged at $0.00.

Item 3. Quantitative and Qualitative Disclosures About Market Risk. Not required by smaller reporting companies.

Item 4. Controls and Procedures Disclosure Controls and Procedures

We have adopted and maintain disclosure controls and procedures (as such term is defined in Rules 13a-15(e) and 15d-15(e) under the Securities Exchange Act of 1934, as amended (the “Exchange Act”)) that are designed to ensure that information required to be disclosed in our reports under the Exchange Act, is recorded, processed, summarized and reported within the time periods required under the SEC’s rules and forms and that the information is gathered and communicated to our management, including our Chief Executive Officer (Principal Executive Officer) and Chief Financial Officer (Principal Financial Officer), as appropriate, to allow for timely decisions regarding financial disclosure.

As required by SEC Rule 15d-15(e), we carried out an evaluation under the supervision and with the participation of our management, including the Chief Executive Officer/Chief Financial Officer, of the effectiveness of the design and operation of our disclosure controls and procedures pursuant to Exchange Act Rule 15d-14 as of the end of the period covered by this report. Based on the foregoing evaluation, our Chief Executive Officer/Chief Financial Officer have concluded that our disclosure controls and procedures are not effective.

The amended filing of our quarterly financial report has additionally caused management to conclude that the Company’s internal controls and procedures over financial reporting are not effective.

PART II – OTHER INFORMATION Item 1. Legal Proceedings.

None

Item 1A. Risk Factors.

Not required by smaller reporting companies.

Item 2. Unregistered Sales of Equity Securities and Use of Proceeds.
None

Item 3. Defaults Upon Senior Securities.

None

Item 4. Submission of Matters to a Vote of Security Holders.

None

Item 5. Other Information.
Forward-Looking Statements

The Quarterly Report on Form 10-Q/A contains certain statements of a forward-looking nature relating to future events or the future financial performance of the Company. Such statements are only predictions and the actual events or results may differ materially from the results discussed in the forward-looking statements. Factors that could cause or contribute to such differences include those discussed below as well as those discussed in other filings made by the Company with the Securities and Exchange Commission, including the Company’s Annual Report included in its annual filing on Form 10-K.

Item 6. Exhibits.

31.1 Certification Pursuant to Item 601 (b)(31) of Regulation S-K, as adopted pursuant to Section 302 of
the Sarbanes-Oxley Act of 2002.

31.2 Certification Pursuant to Item 601 (b)(31) of Regulation S-K, as adopted pursuant to Section 302 of
the Sarbanes-Oxley Act of 2002.

32 Certification Pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-
Oxley Act of 2002 (furnished pursuant to Item 601 (b)(32) of Regulation S-K).

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

Date: June 4, 2012 Mobile Area Networks, Inc.

By: /s/ George Wimbish

George Wimbish

Director, Chairman and President

EX-31

EXHIBIT 31.1

CERTIFICATION PURSUANT TO THE SARBANES-OXLEY ACT

I, George Wimbish, certify that:

1. I have reviewed this quarterly report on Form 10-Q/A of Mobile Area Networks, Inc.;

2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for the periods presented in this report;

4. The registrant’s other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:

a) Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to me by others within those entities, particularly during the period in which this report is being prepared;

b) Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

c) Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and

d) Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and

5. The registrant’s other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting , to the registrant's auditors and the audit committee of the registrant's board of directors (or persons performing the equivalent functions):

a) All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize and report financial information; and

b) Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal controls over financial reporting.

Date: June 4, 2012

/s/ George Wimbish

George Wimbish

Chief Executive Officer

EX-31

EXHIBIT 31.2

CERTIFICATION PURSUANT TO THE SARBANES-OXLEY ACT

I, Jerald R. Hoeft, certify that:

1. I have reviewed this quarterly report on Form 10-Q/A of Mobile Area Networks, Inc.;

2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for the periods presented in this report;

4. The registrant’s other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:

a) Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to me by others within those entities, particularly during the period in which this report is being prepared;

b) Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

c) Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and

d) Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and

5. The registrant’s other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting , to the registrant's auditors and the audit committee of the registrant's board of directors (or persons performing the equivalent functions):

a) All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize and report financial information; and

b) Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal controls over financial reporting.

Date: June 4, 2012
	/s/ Jerald R. Hoeft
	Jerald R. Hoeft
	Chief Financial Officer

EX-32

EXHIBIT 32

CERTIFICATION

In connection with the Quarterly Report of Mobile Area Networks, Inc. (the “Company”) on Form 10-Q/A for the period ending September 30, 2011 as filed with the Securities and Exchange Commission on the date hereof (the “Report”), we, George Wimbish, Chief Executive Officer and Jerald R. Hoeft, Chief Financial Officer, of the Company, certify, pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, that to the best of my knowledge:

(1) The Report fully complies with the requirements of section 13(a) or 15(d) of the Securities Exchange Act of 1934; and

(2) The information contained in the Report fairly presents, in all material respects the financial condition and results of the Company.

Date: June 4, 2012	/s/ George Wimbish
	George Wimbish
	Chief Executive Officer
	/s/ Jerald R. Hoeft
	Jerald R. Hoeft
	Chief Financial Officer

XML

Amended Financial Statements

3 Months Ended

Sep. 30, 2012

Notes to Financial Statements

Amended Financial Statements

Note C-Amended Financial Statements

These financial statements are being filed as “amended” because the originals were not reviewed by the Company’s independent accounting firm within the forty-five day post balance sheet date filing deadline. This amended Form 1 0-Q/A has been reviewed by the Company’s independent accountant.

XML

Balance Sheets (USD $)	Dec. 31, 2010	Sep. 30, 2011 Unaudited
Current assets:
Cash and Cash Equivalent
Accounts Receivable - Net of Allowance for Doubtful Accounts	16,257	9,158
Inventory	67,953	63,480
Total current assets	84,210	72,638
Property and Equipment - Net of Accumulated Depreciation	15,470	10,829
Other Assets:
Security Deposits and Other Assets	7,092	7,092
Total Assets	106,772	90,559
Current liabilities:
Bank Overdraft	13,587	9,510
Notes and Capital Leases Payable - Due Within One Year	99,596	107,284
Accounts Payable	96,729	90,935
Accrued Expenses	268,272	365,870
Other Liabilities:
Notes and Capital Leases Payable - Due After One Year
Accrued Salaries - Related Party	1,308,048	1,368,048
Advances from Stockholders	398,419	432,419
Total Liabilities	2,184,651	2,374,066
Stockholders’ Deficit
Common stock, no par value, authorized 50,000,000 shares, issued and outstanding 49,060,788 shares	$ 4,656,636	$ 4,656,636
Paid-In Capital	56,840	56,840
Accumulated Deficit	(6,791,355)	(6,996,983)
Total Stockholders’ Deficit	(2,077,879)	(2,283,507)
Total Liabilities and Stockholders’ Deficit	$ 106,772	$ 90,559

XML

Basis of Presentation

3 Months Ended

Sep. 30, 2012

Notes to Financial Statements

Basis of Presentation

Note A - Basis of Presentation

The condensed financial statements of Mobile Area Networks, Inc. (the ”Company”) included herein have been prepared by the Company, without audit, pursuant to the rules and regulations of the Securities and Exchange Commission (the “SEC”). Certain information and footnote disclosures normally included in financial statements prepared in conjunction with generally accepted accounting principles have been condensed or omitted pursuant to such rules and regulations, although the Company believes that the disclosures are adequate to make the information presented not misleading. These condensed financial statements should be read in conjunction with the annual audited financial statements and the notes thereto included in the Company’s annual report on Form 10-K.

The accompanying unaudited interim financial statements reflect all adjustments of a normal and recurring nature which are, in the opinion of management, necessary to present fairly the financial position, results of operations and cash flows of the Company for the interim periods presented. The results of operations for these periods are not necessarily comparable to, or indicative of, results of any other interim period or for the fiscal year taken as a whole.

Reclassifications

Certain amounts in the prior year financial statements have been reclassified to conform with the current year presentation.

XML

Going Concern

3 Months Ended

Sep. 30, 2012

Notes to Financial Statements

Going Concern

Note B - Going Concern

The Company’s financial statements have been presented on the basis that it is a going concern, which contemplates the realization of assets and the satisfaction of liabilities in the normal course of business. The Company has reported a net loss of $205,628 and $289,511 for the Nine months ended September 30, 2011 and 2010, respectively. As a result, there is an accumulated deficit of $6,996,983 at September 30, 2011. The primary causes of the loss for 2011 and operating losses in earlier years are attributable to decreases in orders from several key customers, competition and soft economic conditions.

The Company’s continued existence is dependent upon its ability to raise capital and/or achieving profitable operations. The Company plans to raise sufficient working capital through equity offerings and restructure debt to lower its monthly payments and interest costs. The Company continues to fund operational deficits through the acquisition of debt and equity financing through private individuals. The financial statements do not include any adjustments that might be necessary should the Company be unable to continue as a going concern.

XML

Balance Sheets (Parenthetical) (USD $)	Dec. 31, 2010	Sep. 30, 2011 Unaudited
Common stock, par value
Common stock, shares authorized	50,000,000	50,000,000
Common stock, shares issued	49,060,788	49,060,788
Common stock, shares outstanding	49,060,788	49,060,788

XML

Document and Entity Information

3 Months Ended

Sep. 30, 2012

Sep. 30, 2011

Document And Entity Information

Entity Registrant Name

MOBILE AREA NETWORKS INC

Entity Central Index Key

0001029454

Document Type

10-Q

Document Period End Date

Sep. 30, 2012

Amendment Flag

true

Amendment Description

These financial statements are being filed as “amended” because the originals were not reviewed by the Company’s independent accounting firm within the forty-five day post balance sheet date filing deadline. This amended Form 1 0-Q/A has been reviewed by the Company’s independent accountant.

Current Fiscal Year End Date

--12-31

Is Entity a Well-known Seasoned Issuer?

No

Is Entity a Voluntary Filer?

No

Is Entity's Reporting Status Current?

No

Entity Filer Category

Smaller Reporting Company

Entity Common Stock, Shares Outstanding

49,060,788

Document Fiscal Period Focus

Q3

Document Fiscal Year Focus

2011

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Statements of Operations (Unaudited) (USD $)	3 Months Ended		9 Months Ended
	Sep. 30, 2011	Sep. 30, 2010	Sep. 30, 2011	Sep. 30, 2010
Income Statement [Abstract]
Sales-Net of Returns and Allowances	$ 39,789	$ 69,564	$ 135,366	$ 249,450
Cost of Goods Sold	27,964	64,756	115,506	211,807
Gross Profit (Loss)	11,825	4,808	19,860	37,643
Operating expenses
Depreciation	1,547	1,547	4,641	4,641
Bad Debt Expense			2,000
Interest and Finance Charges	2,279	3,604	11,191	11,608
Outside Services	6,124	5,446	10,694	7,096
Administrative Payroll and taxes		51,113	97,941	154,854
Professional Services		1,525	7,550	10,925
Other Operating Expenses	20,257	47,879	91,471	138,010
Total Operating Expenses	30,207	111,114	225,488	327,154
Loss Before Other Income and Provision for Taxes	(18,382)	(106,306)	(205,628)	(289,511)
Other Income
Trade Accounts Payable written-off
Net Income (Loss) before taxes	(18,382)	(106,306)	(205,628)	(289,511)
Provision for Taxes
Net Loss for the Period	$ (18,382)	$ (106,306)	$ (205,628)	$ (289,511)
Weighted Average Number of Common Shares
Outstanding-Basic and Diluted	49,060,788	48,860,788	49,060,788	48,860,788
Net loss per share - Basic and Diluted	$ 0.00	$ 0.00	$ 0.00	$ (0.01)

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Statements of Cash Flows (Unaudited) (USD $)	9 Months Ended
	Sep. 30, 2011	Sep. 30, 2010
Cash flows from operating activities
Net income (loss) for the Period	$ (205,628)	$ (289,511)
Adjustments to Reconcile Net Loss to Net Cash Flows from Operating Activities:
Depreciation	4,641	4,641
Bad Debt Expense	2,000
Changes in Assets and Liabilities:
Accounts Receivable	5,099	10,484
Inventory	4,473	2,681
Accounts Payable	(5,794)	6,779
Accrued Expenses	97,598	114,636
Accrued Salaries-Related Party	60,000	64,375
Net Cash Flows from Operating Activities	(37,611)	(85,915)
Cash Flows from Investing Activities Acquisition of Property and Equipment
Acquisition of Property and Equipment
Cash Flows from Financing Activities
Advances (Repayments) from Stockholders	34,000	54,225
Proceeds from Issuance of Common Stock
Increases (Repayment) of Notes and Capital Leases Payable	7,688	1,502
Net Cash Flows from Financing Activities	41,688	55,727
Net Change in Cash and Cash Equivalents	4,077	(30,188)
Cash and Cash Equivalents (Bank Overdraft)-Beginning of Period	(13,587)	42,837
Cash and Cash Equivalents (Bank Overdraft)-End of Period	(9,510)	12,649
Supplemental disclosure of cash flow information
Cash paid for Taxes
Cash paid for Interest	$ 11,191	$ 11,608