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10-K - ANNUAL REPORT - American Housing REIT Inc.otgi_10k.htm
EX-32.1 - CERTIFICATION - American Housing REIT Inc.otgi_ex321.htm
EX-31.1 - CERTIFICATION - American Housing REIT Inc.otgi_ex311.htm
EXCEL - IDEA: XBRL DOCUMENT - American Housing REIT Inc.Financial_Report.xls
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v2.4.0.6
Condensed Statements of Cash Flows (Unaudited) (USD $)
12 Months Ended
Sep. 30, 2012
Sep. 30, 2011
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss $ (83,991) $ (51,287)
Adjustments to reconcile net loss to cash used in operating activities:    
Change in derivative liability (755) 0
Change in operating assets and liabilities:    
Accounts receivable (3,500) 800
Income tax payable 0 250
Accounts payable and accrued expenses 2,063 0
Deferred revenue 11,084 17,771
Net cash used in operating activities (75,099) (32,466)
CASH FLOW FROM FINANCING ACTIVITIES:    
Sale of Common stock, net of offering costs 22,000 0
Loan from shareholder 41,500 0
Proceeds from shareholders and director contributions 0 15,000
Proceeds from collection of subscription receivable 0 5,500
Net cash provided by financing activities 63,500 20,500
NET DECREASE IN CASH (11,599) (11,966)
CASH AND CASH EQUIVALENTS at beginning of period 14,622 26,588
CASH AND CASH EQUIVALENTS at end of period 3,023 14,622
Supplemental disclosure of cash flow information:    
Interest 0 0
Income Taxes 0 0
Supplemental schedule of non-cash investing and financing activities    
Stock issued in settlement of accounts payable 12,776 0
Reclassification of derivative liability to stockholders' equity $ 24,186 $ 0