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SONNEN CORP. CONSOLIDATED STATEMENTS OF CASH FLOWS YEARS ENDED JUNE 30TH 2011 AND 2010 AND CUMULATIVE (USD $)
12 Months Ended 55 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
Net Cash Provided by (Used in) Development Stage Activities      
Net Income (Loss), from development stage activities $ (1,206,315) $ (2,380,655) $ (3,656,993)
Adjustments, Noncash Items, to Reconcile Net Income (Loss) to Cash Provided by (Used in) Operating Activities      
Depreciation and Amortization 618 426 1,044
Amortization of discount on debt 475,374 137,490 612,864
Stock options vested 860,504 645,321 1,505,825
Stock issued for services   101,000 101,000
Gain (Loss) on Disposition of Assets (809)   (809)
Impairment loss on asset   (672,000) (672,000)
Increase (Decrease) in Operating Assets      
Increase (Decrease) in Prepaid Expense and Other Assets 7,233 (8,332) (1,099)
Increase (Decrease) in Operating Liabilities      
Increase (Decrease) in Accounts Payable 35,014 124,370 319,379
Accounts Payable related increase 237,249 82,130 82,130
Increase (Decrease) in Accrued Interest 24,107 8,070 32,177
Increase (Decrease) in Accrued Liabilities   13,283 13,283
Adjustments to Reconcile Net Income (Loss) to Cash Provided by (Used in) Operating Activities 1,165,534 1,638,267 2,813,284
Net Cash Provided by (Used in) Operating Activities (40,781) (742,388) (843,709)
Net Cash Provided by (Used in) Investing Activities      
Payments to Acquire Property, Plant, and Equipment   (1,853) (1,853)
Net Cash Provided by (Used in) Investing Activities   (1,853) (1,853)
Net Cash Provided by (Used in) Financing Activities      
Proceeds from (Repayments of) Notes Payable 37,000 243,660 280,660
Proceeds from (Repayments of) Related Party Debt (38,979) (7,579) (4,479)
Proceeds from Issuance of Common Stock   500,000 569,540
Net Cash Provided by (Used in) Financing Activities 40,100 736,081 845,721
Cash and Cash Equivalents, Period Increase (Decrease) (681) (8,160) 159
Cash Beginning Period 840 9,000  
Cash End Period 159 840 159
Notes and accounts payable converted to stock      
Accounts payable - related parties supplemental   (11,079) (11,079)
Loans payable - supplemental   21,079 21,079
Increase in prepaid expenses- Supplemental   (10,000) (10,000)
Notes payable - related parties supplemental (40,000) (40,000) (40,000)
Decrease in accounts receivable Related parties- supplemental   40,000 40,000
Common Stock issued for licensing agreement rights - supplemental   $ 672,000 $ 672,000