XML 48 R5.htm IDEA: XBRL DOCUMENT v2.4.0.6
UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
3 Months Ended
Mar. 31, 2013
Mar. 31, 2012
Cash flows from operating activities:    
Net income (loss) from continuing operations $ (942,266) $ 287,505
Adjustments to reconcile net loss to net cash provided (used) in Operating activities:    
Depreciation and amortization 12,758 16,138
Amortization of discounts and deferred costs 50,418 109,939
Stock issued as payment for services 101,750 0
Stock issued for debt related costs 3,382 0
Non-cash debt related costs 0 118,000
Re-acquisition of distributorship 0 930,000
(Gain) loss on fair market value of derivative liabilities 577,805 (2,001,441)
Loss on debt settlement 25,000 10,324
Prepayment Expense 0 (80,837)
Changes in assets and liabilities:    
(Increase) decrease in accounts receivable, net (11,136) (29,353)
(Increase) decrease in inventory 127,320 (109,904)
(Increase) decrease in employee advances (8,000) 17,771
(Increase) decrease in accrued interest receivable - related parties 0 (11,462)
(Increase) decrease in accrued interest receivable 0 (36,413)
(Increase) decrease in prepaids and other assets 5,936 0
Increase (decrease) in allowance for uncollectible interest 0 33,288
Increase (decrease) in accrued royalties (410,369) 93,750
Increase (decrease) in accounts payable (8,262) 29,700
Increase (decrease) in accrued liabilities (198,779) (73,615)
Increase (decrease) in accrued interest payable - related parties 9,334 1,789
Increase (decrease) in accrued interest payable 54,252 38,210
Net cash flows provided (used) in operating activities (610,857) (656,611)
Cash flows from investing activities:    
Purchase of notes receivable - related parties 0 0
Proceeds from notes receivable - related parties 0 371,839
Net cash flows used in investing activities 0 371,839
Cash flows from financing activities:    
Proceeds from notes payable - related parties 0 280,000
Payments on notes payable - related parties 0 0
Proceeds from notes payable 523,000 195,000
Payments on notes payable (65,025) (540,000)
Proceeds from debentures 0 347,500
Proceeds from sale of stock 0 0
Proceeds from exercise of warrants 5,760 0
Proceeds from stock subscriptions payable 500,000 0
Net cash flows provided by financing activities 963,735 282,500
Increase (decrease) in cash 352,878 (2,272)
Cash and cash equivalents, beginning of period 45,861 3,608
Cash and cash equivalents, end of period 398,739 1,336
Cash paid during the period for:    
Interest 14,505 5,790
Income Taxes 0 0
Supplemental non-cash investing and financing activities:    
Common stock issued for debt conversion 179,635 0
Common stock issued for services 101,750 0
Common stock issued for debt related costs $ 3,812 $ 35,676