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EXCEL - IDEA: XBRL DOCUMENT - MediaShift, Inc.Financial_Report.xls
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v2.4.0.6
Consolidated Balance Sheets (unaudited) (USD $)
Sep. 30, 2012
Dec. 31, 2011
Current Assets    
Cash and cash equivalents $ 948,748 $ 648,471
Accounts receivable 746 2,582
Prepaid expenses 1,759 13,177
Total Current Assets 951,253 664,230
Property and equipment, net of depreciation 117,186 26,674
Discontinued operations: assets held for sale 12,829  
Patents, net 204,715 141,463
Deposits 10,150  
Other assets 2,310  
Total Assets 1,298,443 832,367
Current Liabilities    
Accounts Payable and accrued expenses 641,843 84,171
Liabilities directly associated with assets held for sale 32,067  
Total Current Liabilities 673,910 84,171
Total Liabilities 673,910 84,171
Commitments and Contingencies      
Stockholders' Equity    
Series A Preferred Stock value   3,492
Series B Preferred Stock value   2,192
Class M Preferred Stock value 1,700  
Common Stock value 5,423 10,431
Additional Paid in Capital 6,056,886 1,642,742
Accumulated deficit during development stage (5,439,476) (910,661)
Total Stockholders' Equity 624,533 748,196
Total Liabilities and Shareholders' Equity $ 1,298,443 $ 832,367 [1]
[1] Amounts in this column derived from the audited financials for the year ended December 31, 2011