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10-K - FORM 10-K - PEER REVIEW MEDIATION & ARBITRATION INCpeerreview10k11v2.htm
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v2.4.0.6
Peer Review Mediation and Arbitration, Inc- Statement of Cash Flows (USD $)
12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Net Income (loss) $ (2,796,913) $ (6,028,553)
Depreciation and Amortization 244,753 38,082
Accounts receivable (70,636) (46,362)
Accrued payables 460,964 425,874
Related Party Payables (23,564) 435,330
Beneficial Conversion Feature expense 66,251 43,750
Other assets 4,970 (7,990)
Bad debt expense 0 24,543
Impairments and Write offs 1,059,799 4,162,039
Net cash provided by (used for) operating activities (1,054,376) (953,287)
Fixed assets (19,585) (1,212)
Business acquisition net 39,278 (89,096)
Net cash provided by (used for) investing activities 19,693 (90,308)
Notes payable-payments (201,354) (113,629)
Related Party Loans (3,894) 1,558
Capital Lease Obligations 103,040 0
Equity sales-subsidiary 530,000 350,000
Option Exercises $ 540,587 $ 933,929
Net cash provided by (used for) financing activities 968,379 1,171.86
Net Increase (Decrease) in Cash (66,304) 128,263
Cash at the Beginning of the Period 155,655 27,392
Cash at the End of the Period 89,351 155,655
Income taxes 0 0
Interest $ 0 $ 0