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GENERATION ZERO GROUP, INC.- Consolidated Statements of Cash Flows (USD $)
12 Months Ended 68 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2011
Cash flows from operating activities:      
Net loss $ (3,413,666) $ (2,172,671) $ (6,028,303)
Adjustments to reconcile net loss to cash used in operating activities:      
Depreciation     4,108
Amortization of debt discount 950,335 806,777 1,762,398
Amortization of intangible assets 280,000 140,000 420,000
Debt used for interest     264
Impairment of oil and gas properties, increase decrease     32,520
Impairment of intangible assets, increase decrease   1,100,000 1,100,000
Stock issued for services     31,300
Warrant expense     19,119
Donated Services     65,000
Changes in operating assets and liabilities:      
Prepaid expenses and other receivables   2,718  
Accounts payable, increase decrease 4,033 17,617 21,490
Accrued liabilities, increase decrease 538,425 253,551 812,623
Net Cash Used in Operating Activities (1,640,872) 147,992 (1,759,480)
Cash flows from investing activities:      
Purchase of fixed assets     (7,453)
Purchase of intangible assets   (64,220) (64,220)
Proceeds from sale of properties     29,980
Net cash provided by investing activities   (64,220) (41,693)
Cash flows from financing activities:      
Proceeds from related party debt 13,798 41,790 206,210
Repayments of related party debt (1,200) (125,420) (259,742)
Proceeds from issuance of preferred stock     157,500
Proceeds from issuance of common stock 1,626,200   1,697,250
Net cash provided by financing activities 1,638,798 (83,630) 1,801,218
Net change in cash (2,075) 142 44
CASH, BEGINNING OF PERIOD 2,119 1,977  
CASH, END OF PERIOD $ 44 $ 2,119 $ 44