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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
3 Months Ended
Oct. 31, 2011
Oct. 31, 2010
Cash flows from operating activities:    
Net income (loss) $ (492,832) $ 14,309
Net income items not affecting cash:    
Depreciation and amortization 1,792 1,102
Stock-based compensation 2,858 11,406
Issuance of stock to investment firm 225,001 0
Reduction in bad debt reserve (2,256) (11,448)
Increase (reduction) in reserve for inventory loss (10,321) 5,780
Decrease / (Increase) in operating assets:    
Accounts receivable 128,592 21,783
Inventory 37,207 (27,475)
Other receivables 0 3,689
Prepaid expense 3,891 (8,737)
Increase / (Decrease) in operating liabilities:    
Accounts payable - trade 3,627 91,844
Accrued payable - other 23,156 (58,408)
Unearned revenue 62,836 0
Net cash provided by (used in) operating activities (16,449) 43,845
Cash flows from investing activities:    
Capital expenditures 0 (518)
Net cash used in investing activities 0 (518)
Cash flows from financing activities:    
Proceeds from line of credit (290,000) 250,000
Payments on notes payable (15,000) (10,000)
Net cash provided by (used in) financing activities (305,000) 240,000
Net increase (decrease) in cash and cash equivalents (321,449) 283,327
Cash and cash equivalents, beginning of year 524,512 165,848
Cash and cash equivalents, end of quarter 203,063 449,175
Supplemental information:    
Income taxes paid 0 451
Interest paid $ 3,093 $ 5,611