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v2.4.0.6
Verify Smart Corp. Consolidated Statements of Cash Flows (USD $)
6 Months Ended 67 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2011
Cash flows provided by (used in) operating activities:      
Net (loss) $ (29,290) $ (115,164) $ (1,621,404)
Adjustments to reconcile net (loss) to cash used in operating activities:      
Stock-based compensation 26,563 106,321 1,369,750
Changes to operating assets and liabilities:      
Accounts payable and accrued liabilities, increase decrease   (4,347) 16,253
Net Cash Used in Operating Activities (2,727) (13,190) (235,401)
Cash flows from Financing Activities:      
Issuance of common stock     117,500
Share issuance costs     (1,128)
Proceeds from loan payable   6,190 119,029
Net Cash Provided in financing activities   6,190 235,401
(Decrease) Increase in cash (2,727) (7,000)  
CASH, BEGINNING OF YEAR 2,727 9,728  
CASH, END OF YEAR   2,728  
Supplemental Schedule of Cash Flows Disclosures:      
Interest Paid         
Income taxes paid         
Non-cash Investing and Financing Activities:      
Common stock issued for services     $ 1,369,750