Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Cash Flows

v2.4.0.6
Condensed Consolidated Statements of Cash Flows (USD $)
3 Months Ended
Mar. 31, 2012
Mar. 31, 2011
OPERATING ACTIVITIES    
Net Income (Loss) $ (254,737) $ (239,968)
Adjustments to reconcile Net Income (Loss) to Net Cash used by operations:    
Amortization 22,087 253
Depreciation 5,480 4,667
Stock Compensation 0 22,000
Non-cash Expense 0 0
Change in assets and liabilities:    
(Increase) Decrease in Accounts Receivable 166,243 175,971
(Increase) in Other Assets 14,892 (495)
(Decrease) Increase in Accounts Payable (90,545) (9,116)
Increase In Accrued Expenses (185) 0
NET CASH (USED) BY OPERATING ACTIVITIES (136,765) (46,688)
INVESTING ACTIVITIES    
Purchase of Furniture and Equipment 0 0
Purchase of Intangible Assets 0 0
NET CASH (USED) BY INVESTING ACTIVITIES 0 0
FINANCING ACTIVITIES    
Contributions 342 0
Net Proceeds from Sale of Common Stock 0 682,500
Cash Acquired (Paid) in Reorganization 0 0
NET CASH PROVIDED BY FINANCING ACTIVITIES 342 682,500
NET CASH INCREASE FOR PERIOD (136,423) 635,812
CASH AT BEGINNING OF PERIOD 653,113 226,268
CASH AT END OF PERIOD 516,690 862,080
Supplemental Disclosure for Cash Flow Information    
Interest 0 0
Income Taxes $ 0 $ 0