Quarterly report pursuant to Section 13 or 15(d)

Statements of Cash Flows

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Statements of Cash Flows (USD $)
3 Months Ended
Jul. 31, 2012
Jul. 31, 2011
Net Income Loss    
Net loss $ (510,517) $ (686,020)
Adjustments to reconcile net loss to net cash used in operating activities:    
Stock issued for services 319,181 536,213
Gain on Forgiveness of Debt 71,742   
Depreciation and amortization    8,523
Net amortization of discount/premium (5,695) (2,699)
Change in assets and liabilities:    
(Increase) decrease in accounts receivable 2,581 (6,291)
(Increase) decrease in inventory (2,774) 11,089
(Increase) decrease in prepaid expenses 88,821 (3,355)
Increase in accounts payable (124,935) (13,207)
Increase in accrued interest, related party 9,241   
Increase in accrued expenses 66,967 36,120
Net cash used in operating activities (85,388) (119,627)
Cash flows from investing activities:    
Payments towards acquisition (195,750) (320,000)
Net cash used in investing activities (195,750) (320,000)
Cash flows from financing activities:    
Proceeds from the sale of common stock    473,000
Proceeds from notes payable 250,000   
Proceeds from borrowings, related party 39,757 1,500
Repayment of debt, related party    (9,000)
Net cash provided by financing activities 289,757 465,500
Net increase (decrease) in cash 8,619 25,873
Cash at beginning of period 15,723 57,201
Cash at end of period 24,342 83,074
Supplementary non-cash disclosures:    
Cash paid for interest      
Franchise and income taxes      
Common stock issued for debt $ 98,596