XML 27 R5.htm IDEA: XBRL DOCUMENT v2.4.0.6
Statement of Cash Flows (USD $)
12 Months Ended 256 Months Ended
Mar. 31, 2012
Mar. 31, 2011
Mar. 31, 2012
Operating Activities      
Net Loss $ (2,588,400) $ (2,939,535) $ (6,874,964)
Adjustments to reconcile Net (Loss)      
Shares for Services 374,000 106,382 720,382
Warrants and Option Expenses 20,780 94,627 476,833
Loss on loan 1,763,837   1,763,837
Interest due to related parties 658 10,284 82,601
Wages accrued to director 75,407 73,462 283,941
Loss on fixed Assets   2,500,000 2,500,000
Changes in Current Assets      
(Increase)/Decrease in Interest Receivable   (51,965) (196,580)
(Increase)/Decrease in Prepaid Expense 142,080 (145,886) 145
Changes in Current Liabilities      
Increase/(Decrease) in Accounts Payable 10,609 7,632 (8,457)
Increase/(Decrease) in Accrued Liabilities   10,000 (70,419)
Net Cash Provided by Operating Activities (201,030) (334,999) (1,322,682)
Investment Activities      
Solar Panel License     (230,000)
Net Cash (Used) by Investment Activities     (230,000)
Financing Activities      
Bank Indebtedness     (17,734)
Due to Related Party (30,780) (17,768) (117,682)
Proceeds/(Payment) on Security for Legal Costs PVT 103,135 (4,690)  
Proceeds/(Payment) on Loans Payable 70,570 40,800 (706,578)
Proceeds/(Payment) on Loans Payable Converted to Shares   (18,456) (18,456)
Proceeds/(Payment) on Performance Bond 15,171 135,671  
Proceeds from Subscriptions Receivable 40,375 32,000 96,375
Conversion of Related Party Debts   (20,690) (20,690)
Proceeds from sale of Common Stock 14,200 125,146 2,022,682
Net Cash Provided by Financing Activities 212,671 272,013 1,237,917
Foreign Exchange (9,946) 54,006 319,622
Change in cash and cash equivalents 1,695 (8,980) 4,857
Initial Cash 3,162 12,142  
Final Cash 4,857 3,162 4,857
Supplemental Information:      
Interest Paid 20 567 6,593
Income Taxes Paid     4,386
Non-cash investing and financing activities      
Common stock issued in connection with services 374,000 106,382 2,267,298
Common stock issued in connection with warrants 10,777 94,627 466,830
Common stock issued in connection with conversion of notes payable   702,871 1,082,590
Common stock issued in connection with Director's debt   800,000 800,000
Preferred stock issued in connection with investment   $ 2,269,900 $ 2,269,900