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CAPITAL GROUP HOLDINGS, INC. (A DEVELOPMENT STAGE COMPANY) Condensed Consolidated Statements of Cash Flows (Unaudited) (USD $)
3 Months Ended 65 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Sep. 30, 2011
CASH FLOWS FROM OPERATING ACTIVITIES      
Net loss $ (170,776) $ (1,069,179) $ (7,403,865)
Depreciation and amortization 1,906 1,023 9,145
Services provided in exchange for common shares 0 0 1,774,000
Stock based compensation 0 180,000 562,500
Loss (Gain) on marketable securities 0 0 432,718
Accrued interest and discount on convertible notes payable 28 2,911 242,814
Increase decrease Accounts payable 352 21,111 425,558
Increase decrease Accounts payable - related party 0 0 (402)
Increase decrease Accrued payroll and other liabilities 88,990 77,631 580,740
Increase decrease Prepaid expenses and other deposits 0 (225,000) (22,500)
NET CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES (79,500) (1,011,503) (3,399,292)
CASH FLOWS FROM INVESTING ACTIVITIES      
Purchase of property and equipment 0 (437) (21,025)
Disposal of property and equipment 437 0 437
Proceeds from sale of available for sale securities 0 0 309,782
NET CASH PROVIDED BY (USED IN) INVESTING ACTIVITIES 437 (437) 289,194
CASH FLOWS FROM FINANCING ACTIVITIES      
Issuance of convertible notes payable 0 1,081,718 2,488,465
Issuance of common stock for cash 0 0 412,546
Proceeds for stock subscribed 79,200 0 204,200
Proceeds from additional paid in capital 0 0 5,363
NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES 79,200 1,081,718 3,110,574
NET CHANGE IN CASH 137 69,778 476
CASH BALANCES Beginning of period 339 15,006 0
CASH BALANCES End of period 476 84,784 476
SUPPLEMENTAL DISCLOSURE OF NON-CASH INVESTING AND FINANCING ACTIVITIES:      
Debt discount for fair value of attached warrants 0 46,378 155,863
Common stock issued for conversion of notes 0 8,830 2,570,451
Shares issued for subscription receivable 0 9,257 10,000
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:      
Interest 0 0 0
Income taxes $ 0 $ 0 $ 0