Consolidated Statement of Cash Flows (USD $)
|
3 Months Ended |
4 Months Ended |
Mar. 31, 2012
|
Mar. 31, 2011
|
Dec. 31, 2011
|
Cash Flows From Operating Activities |
|
|
|
Net loss |
$ (430,784) |
$ 0 |
$ (442,081) |
Adjustments to reconcile net loss to net cash provided by operating activities: |
|
|
|
Depreciation and amortization expense |
12,150 |
0 |
|
Fair value of shares issued for services |
67,909 |
0 |
|
Changes in assets and liabilities: |
|
|
|
Accounts receivable |
3,950 |
0 |
|
Accounts payable and accrued expenses |
326,458 |
0 |
|
Net Cash Used in Operating Activities |
(20,318) |
0 |
|
Cash Flows From Investing Activities |
|
|
|
Cash paid for acquisition of HPA, net of cash received |
53,048 |
0 |
|
Net Cash Provided by Investing Activities |
53,048 |
0 |
|
Sale of shares of common stock |
10,000 |
0 |
|
Net Cash Provided by Financing Activities |
10,000 |
|
|
Net Increase (Decrease) in Cash |
42,730 |
0 |
|
Cash, Beginning of Period |
9,247 |
0 |
|
Cash, End of Period |
51,977 |
0 |
9,247 |
Supplemental disclosure of cash flow information: |
|
|
|
Cash paid for interest |
0 |
0 |
|
Cash paid for income taxes |
|
0 |
|
Noncash investing and financing activities: |
$ 0 |
$ 0 |
|