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CONSOLIDATED STATEMENT OF CASH FLOWS (USD $)
6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net Loss $ (1,086,374) $ (478,182)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 1,319 16,953
Amortization of debt issuance cost 64,700 8,000
Stock based compensation 69,700 0
Gain on extinguishment of debt 0 (1,360,551)
Merger expense related to issuance of stock 0 351,648
Accrued loss on contracts (47,782) 0
Changes in assets and liabilities:    
Accounts receivable 106,319 468,758
Prepaid expenses and other assets (38,383) (24,744)
Deferred rent (6,500) (754)
Due to related party 0 79,770
Accounts payable and accrued expenses 614,357 756,903
Net cash used in operating activities (322,644) (182,199)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Property and equipment purchased (2,373) (30,795)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Cash overdraft 10,922 46,179
Borrowings on advances from affiliates 0 150,000
Borrowings on notes payable 562,500 0
Repayments on notes payable (499,405) 0
Borrowings on notes payable, affiliate 265,000 0
Repayments on notes payable, affiliate (35,000) 0
Net borrowings from former stockholder 21,000 143,051
Dividends 0 (135,514)
Net cash provided by financing activities 325,017 203,716
NET CHANGE IN CASH 0 (9,278)
CASH - BEGINNING OF PERIOD 0 9,278
CASH - END OF PERIOD 0 0
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:    
Interest $ 522,114 $ 109,422