Quarterly report pursuant to Section 13 or 15(d)

Statements of Cash Flows (Unaudited)

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Statements of Cash Flows (Unaudited) (USD $)
6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Cash flows from operating activities:    
Net income $ 31,879 $ 34,896
Adjustments to reconcile net loss to net cash used by operating activities:    
Deferred tax expense 309 0
Depreciation and write off of assets 630 1,622
Changes in operating assets and operating liabilities:    
Accounts receivable 0 (40)
Prepaid expenses and other assets (3,873) (3,877)
Income tax payable 4,720 0
Indebtedness to related parties and accrued liabilities (7,010) (6,350)
Net cash provided by operating activities 26,655 26,251
Cash flows from investing activities:    
Purchases of property and equipment 0 (934)
Proceeds from and (payments for) certificates of deposit (249) (532)
Net cash (used in) investing activities (249) (1,466)
Cash flows from financing activities:    
Proceeds from sale of common stock 0 0
Net cash provided by financing activities 0 0
Net change in cash 26,406 24,785
Cash, beginning of period 157,243 89,752
Cash, end of period $ 183,649 $ 114,537