Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited)

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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) (USD $)
 3 Months Ended
Mar. 31, 2013
Mar. 31, 2012
NET LOSS $ (54,644) $ (18,841)
Depreciation and amortization 655 487
Amortization of debt discount 21,958 3,391
Gain on settlement of debt (17,000)   
Stock Based Compensation 29,587   
Loss on change of fair value of derivative liability 37,931   
Accounts receivable (241,966) (374,205)
Prepaid expenses 13,058   
Accounts payable and accrued expenses 90,616 25,576
Income Taxes Payable (1,600)   
Due to Factor (56,585) 40,541
Deferred revenue 125,214 289,644
Net cash used in operating activities (52,776) (33,407)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchase of equipment (4,586)   
Net cash used in investing activities (4,586)   
Proceeds from notes payable 200,000 45,300
Repayments of notes payable, related party (20,700) (12,996)
Net cash provided by financing activities 179,300 32,304
Net increase (decrease) in cash 121,938 (1,103)
Cash, beginning of the period 6,002 1,657
Cash, end of period 127,940 554
Interest paid 29,415   
Taxes paid      
Non cash financing and operating activities:    
Common stock issued in in settlement of outstanding accounts payable 3,000   
Stock for services 170,347   
Stock with debt $ 11,250