XML 35 R7.htm IDEA: XBRL DOCUMENT v2.4.0.8
Statements of Cash Flows (USD $)
6 Months Ended 12 Months Ended 18 Months Ended
Jun. 30, 2012
Jun. 30, 2013
Jun. 30, 2013
CASH FLOWS FROM OPERATING ACTIVITIES      
Net loss $ (31,409) $ (419,855) $ (451,264)
Depreciation and amortization    1,443 1,443
Contributed services 4,000    4,000
Changes in assets and liabilities:      
Accounts receivable    (8,500) (8,500)
Increase in prepaid expenses (2,500) 2,500   
Accounts payable and accrued expenses 2,000 19,940 21,940
Total adjustments to net loss 3,500 15,383 18,883
Net cash (used in) operating activities (27,909) (404,472) (432,381)
CASH FLOWS FROM INVESTING ACTIVITIES      
Acquisition of intangible asset 0 24,000 24,000
Purchase of property and equipment    (4,401) (4,401)
Net cash (used in) investing activities    (28,401) (28,401)
CASH FLOWS FROM FINANCING ACTIVITIES      
Borrowings from bank 0 14,282 14,282
Borrowings from Note payable 15,000 265,000 280,000
Common shares issued for cash, net 166,500    166,500
Net cash provided by financing activities 181,500 279,282 460,782
Net change in cash 153,591 (153,591)   
Cash - beginning balance    153,591   
CASH ENDING BALANCE 153,591      
Cash paid for:      
Interest    9,943 9,943
Income taxes