Quarterly report pursuant to sections 13 or 15(d)

Condensed Consolidated Statements of Cash Flows

v2.3.0.11
Condensed Consolidated Statements of Cash Flows (USD $)
 9 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Condensed Consolidated Statements of Cash Flows [Abstract]    
NET LOSS $ (737,624) $ (785,803)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation 10,529 20,896
Common stock and warrants issued for services 53,657 136,750
Loss on settlement and disposal of assets   4,220
Amortization of notes payable discount 937 27,103
(Increase) decrease in assets:    
Accounts receivable (175,331) 1,140
Inventory (8,255) (13,900)
Prepaid expenses and other current assets 16,485 (5,000)
Increase (decrease) in liabilities:    
Accounts payable 64,805 1,294
Accrued expenses 61,797 95,059
Deferred revenue 42,675 (14,437)
Net Cash Used in Operating Activities (670,324) (532,678)
Cash Flows From Investing Activities:    
Purchase of property and equipment   (5,064)
Net Cash Used in Investing Activities:   (5,064)
Cash Flows From Financing Activities    
Principal payments on notes payable (2,086)  
Proceeds from notes payable, net 45,000 39,286
Proceeds from issuance of common stock and warrants   500,000
Proceeds from issuance of preferred stock 650,000  
Net Cash Provided by Financing Activities 692,914 539,286
Net Increase In Cash 22,590 1,544
Cash - Beginning of Period 22,348 8,273
Cash - End of Period 44,938 9,817
SUPPLEMENTAL CASH FLOW INFORMATION:    
Cash paid for interest 15,486 4,918
Accrued dividends payable 44,408  
Common stock issued in lieu of payment of cash dividend, shares 2,372,409  
Common stock issued in lieu of payment of cash dividend $ 23,724