Statements of Cash Flows (USD $)
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12 Months Ended | |
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Dec. 31, 2011
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Dec. 31, 2010
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Statement of Cash Flows [Abstract] | ||
Net income (loss) from continuing operations | $ (84,736) | $ (70,375) |
Loss on investments, net | 20,017 | 37,678 |
Increase (decrease) in accounts payable | (5,003) | 0 |
Increase (decrease) in Accrued Expenses | 10,199 | (8,165) |
Net Cash Used in Operating Activities | (59,523) | (40,862) |
Net Cash Provided (Used) in Investing Activities | 0 | 0 |
Reclass of Note Payable from Accrued Expenses | 20,000 | 0 |
Common stock issued for services | 10,000 | 51,000 |
Net Cash Provided by Financing Activities | 30,000 | 51,000 |
NET DECREASE IN CASH | (29,523) | 10,138 |
CASH, BEGINNING OF YEAR | 41,480 | 31,342 |
CASH, END OF YEAR | 11,957 | 41,480 |
Interest paid | 0 | 0 |
Income taxes paid | 0 | 0 |
Common stock issued for services | $ 10,000 | $ 51,000 |
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No authoritative reference available. No definition available.
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- Definition
The increase (decrease) in cash, excluding cash equivalents, for an entity that has cash equivalents, but does not aggregate cash equivalents with cash on the balance sheet. For example, an entity that aggregates cash equivalents with investments discloses the balance of cash excluding cash equivalents on the balance sheet and the change in cash excluding cash equivalents on the statement of cash flows. While for technical reasons this element has no balance attribute, the default assumption is a debit balance consistent with its label. No definition available.
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Cash provided by or used in the investing activities of the entity's discontinued operations during the period. The reporting entity may disclose the net cash flows from discontinued operations below the net cash flows from financing activities or include cash flows from discontinued operations, by category (operating, investing, or financing), in the body of the cash flow statement. This element is used to disclose cash flows from the investing activities of discontinued operations as a component of net cash flows from discontinued operations, which is reported below net cash flows from financing activities of continuing operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Number of shares of common stock issued as dividends during the period. Excludes stock splits. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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The amount of cash paid during the current period to foreign, federal, state, and local authorities as taxes on income. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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The increase (decrease) during the reporting period in the amounts payable to vendors for goods and services received and the amount of obligations and expenses incurred but not paid. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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The amount of cash paid for interest during the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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The net cash inflow or outflow from financing activity for the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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The net cash from (used in) all of the entity's operating activities, including those of discontinued operations, of the reporting entity. Operating activities generally involve producing and delivering goods and providing services. Operating activity cash flows include transactions, adjustments, and changes in value that are not defined as investing or financing activities. While for technical reasons this element has no balance attribute, the default assumption is a debit balance consistent with its label. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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The net result for the period of deducting operating expenses from operating revenues. No definition available.
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- Details
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Value of shares of stock issued during the period that is attributable to transactions involving issuance of stock not separately disclosed. No definition available.
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