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EXCEL - IDEA: XBRL DOCUMENT - BIOSHAFT WATER TECHNOLOGY, INC.Financial_Report.xls
10-Q/A - AMENDED QUARTERLY REPORT - BIOSHAFT WATER TECHNOLOGY, INC.bshf_10qa.htm
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EX-31.2 - CERTIFICATION - BIOSHAFT WATER TECHNOLOGY, INC.bshf_ex312.htm
EX-31.1 - CERTIFICATION - BIOSHAFT WATER TECHNOLOGY, INC.bshf_ex311.htm
EX-32.2 - CERTIFICATION - BIOSHAFT WATER TECHNOLOGY, INC.bshf_ex322.htm
EX-32.1 - CERTIFICATION - BIOSHAFT WATER TECHNOLOGY, INC.bshf_ex321.htm
v2.4.0.6
STATEMENTS OF CASH FLOWS (UNAUDITED) (USD $)
3 Months Ended
Jul. 31, 2012
Jul. 31, 2011
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income (loss) $ 1,360,407 $ (146,788)
Adjustments To Reconcile Net Loss To Net Cash Used In Operating Activities    
Depreciation expense 283 2,496
Amortization of debt discount 250,000  
Stock-Based compensation 67,930 10,128
Change in fair value of derivative liability (1,893,922)  
Change in operating assets & liabilities    
Accounts receivable (97,784)  
Prepaid expenses (8) 15,014
Accounts payable and accrued expenses 40,072 (3,999)
Due to related party (21,561)  
Increase in billing in excess of costs and estimated earnings on uncompleted projects 67,480  
Accrued interest 19,849 13,233
Customer deposits   108,680
Net Cash Used in Operating Activities (760,741) (322,875)
CASH FLOWS FROM INVESTING ACTIVITIES    
Purchase of property and equipment   (3,151)
Net Cash Used in Investing Activities   (3,151)
CASH FLOWS FROM FINANCING ACTIVITIES    
Proceeds from issuance of stock   100,000
Net Cash Provided by Financing Activities   100,000
Net Increase (Decrease) in Cash (207,254) 95,613
Cash - beginning of the period 303,568 611,729
Cash - end of the period 96,314 707,342
SUPPLEMENTAL CASH FLOW INFORMATION:    
Cash paid for interest   16,827
Cash paid for income taxes