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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
6 Months Ended
Jan. 31, 2012
Jan. 31, 2011
Cash flows from operating activities:    
Net income (loss) $ (532,209) $ 261,308
Net income items not affecting cash:    
Depreciation and amortization 3,394 2,205
Stock-based compensation 5,413 16,671
Issuance of stock to investment firm 245,001 0
Reduction in bad debt reserve (3,492) (11,448)
Increase (reduction) in reserve for inventory loss (4,203) 5,780
Decrease / (Increase) in operating assets:    
Accounts receivable (39,242) (534,370)
Inventory 106,686 14,038
Other receivables 0 13,689
Prepaid expense 16,909 (30,200)
Increase / (Decrease) in operating liabilities:    
Accounts payable - trade 29,502 (3,103)
Accrued payable - other 38,819 (31,352)
Unearned revenue 154,956 0
Net cash provided by (used in) operating activities 21,534 (296,782)
Cash flows from investing activities:    
Capital expenditures 0 (518)
Net cash used in investing activities 0 (518)
Cash flows from financing activities:    
Net proceeds from (Net payments on) line of credit (290,000) 250,000
Payments on notes payable (30,000) (60,000)
Conversion of preferred stock (500) 0
Net cash provided by (used in) financing activities (320,500) 190,000
Net decrease in cash and cash equivalents (298,966) (107,300)
Cash and cash equivalents, beginning of year 524,512 165,848
Cash and cash equivalents, end of quarter 225,546 58,548
Supplemental information:    
Income taxes paid 0 0
Interest paid $ 3,084 $ 12,519