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CAPITAL GROUP HOLDINGS, INC. (A DEVELOPMENT STAGE COMPANY) Consolidated Statements of Cash Flows (USD $)
12 Months Ended 74 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
CASH FLOWS FROM OPERATING ACTIVITIES      
Net loss $ (658,024) $ (4,657,246) $ (7,891,113)
Depreciation and amortization 5,505 4,058 12,744
Services provided in exchange for common shares 0 1,711,500 1,774,000
Stock based compensation 0 380,000 562,500
Loss (Gain) on disposal of assets 438 0 438
Loss (Gain) on marketable securities 0 0 432,718
Accrued interest and discount on convertible notes payable 8 241,741 242,794
Increase Decrease Accounts payable (26,542) 55,502 398,664
Increase Decrease Accounts payable - related party (500) 1,000 (902)
Increase Decrease Accrued payroll and other liabilities 239,528 290,958 731,278
Increase Decrease Prepaid expenses and other assets 5,000 (10,000) (17,500)
NET CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES (434,587) (1,982,487) (3,754,379)
CASH FLOWS FROM INVESTING ACTIVITIES      
Disposal of property and Equipment 0 (2,645) (21,025)
Proceeds from sale of available for sale securities 0 0 309,782
NET CASH PROVIDED BY (USED IN) INVESTING ACTIVITIES 0 (2,645) 288,757
CASH FLOWS FROM FINANCING ACTIVITIES      
Marketing Agreement advance 190,000 0 190,000
Issuance of convertible notes payable 0 1,627,965 2,488,465
Issuance of common stock for cash 117,000 217,500 529,546
Proceeds for stock subscribed 135,700 125,000 260,700
Proceeds from Additional paid in capital 0 0 5,363
NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES 442,700 1,970,465 3,474,074
NET CHANGE IN CASH 8,113 (14,667) 8,452
CASH BALANCES Beginning of year 339 15,006 0
CASH BALANCES End of year 8,452 339 8,452
SUPPLEMENTAL DISCLOSURE OF NON-CASH INVESTING AND FINANCING ACTIVITIES:      
Debt discount for fair value of attached warrants 8 138,755 155,871
Common stock issued for conversion of notes 0 2,570,451 2,570,451
Common stock issued for subscription receivable of notes 0 10,000 10,000
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION: CASH PAID DURING THE YEAR FOR:      
Interest 0 0 0
Income taxes $ 0 $ 0 $ 0