XML 43 R6.htm IDEA: XBRL DOCUMENT v2.4.0.8
Consolidated Statements of Cash Flows (USD $)
6 Months Ended 22 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Operating Activities      
Net loss for the period $ (220,636) $ (53,078) $ (426,853)
Changes in operating assets and liabilities:      
Accounts receivable 10,623 (2,443) (298)
Prepaid expenses 0 6,637 0
Accounts payable 44,004 1,574 46,440
Accrued liabilities 23,558 0 26,824
Net Cash Used in Operating Activities (142,451) (47,310) (353,887)
Investing Activities      
Restricted cash 0 0 (5,026)
Net cash acquired on recapitalization 267,058 0 267,058
Net Cash Provided by Investing Activities 267,058 0 262,032
Financing Activities      
Proceeds from loans payable 0 48,862 160,049
Proceeds from issuance of common stock 0 0 74,045
Net Cash Provided by Financing Activities 0 48,862 234,094
Effect of Exchange Rate Changes on Cash 9,033 585 9,132
Increase in Cash 133,640 2,137 151,371
Cash, Beginning of Period 17,731 48,090 0
Cash, End of Period 151,371 50,227 151,371
Supplemental Disclosures:      
Interest paid 0 0 0
Income taxes paid $ 0 $ 0 $ 0