Peer Review Mediation and Arbitration, Inc- Balance Statement (USD $)	Jun. 30, 2012	Dec. 31, 2011	Jun. 30, 2011
Current assets:
Cash		$ 89,315
Accounts receivable	(73,336)	170,634	35,351
Inventory		14,395
Marketable securities		79
Total current assets		274,459
Fixed assets	(61,781)	1,300,412	(12,667)
Less accumulated depreciation		(1,013,716)
Intangible Assets		723,052
Less accumulated amortization		(54,229)
Other assets	(5,227)	11,604	7,375
Total Assets		1,241,582
Current liabilities:
Accrued payables	162,068	1,094,640	178,756
Related party payables	141,090	2,967,348	145,681
Total current liabilities		4,061,988
Notes payable - related party		755,105
Capital Lease Obligation		223,081
Total liabilities		5,040,174
Stockholders' Equity
Preferred stock, Series II, $.001 par value; 1,000,000 shares authorized; convertible; 1,000,000 issued and outstanding		1,000
Common stock, $.001 par value; 45,000,000 shares authorized; 9,186,574 (2011) and 9,247,485 (2012)		9,186
Additional paid in capital		22,409,747
Stock subscription receivable		(7,203,750)
Accumulated deficit		(20,421,802)
Accumulated other comprehensive income (loss)		(13,673)
Total PRMA stockholders' equity		(3,799,990)
Noncontrolling interest		1,398
Total Stockholders' Equity		(3,798,592)
Total Liabilities and Stockholders' Equity		1,241,582
Unaudited
Current assets:
Cash	302,289
Accounts receivable	295,377
Inventory	7,197
Marketable securities	79
Total current assets	604,942
Fixed assets	1,887,193
Less accumulated depreciation	(1,105,613)
Intangible Assets	827,053
Less accumulated amortization	(113,658)
Other assets	16,831
Total Assets	2,116,748
Current liabilities:
Accrued payables	1,497,347
Related party payables	3,108,439
Total current liabilities	4,605,786
Notes payable - related party	718,951
Capital Lease Obligation	190,207
Total liabilities	5,514,944
Stockholders' Equity
Preferred stock, Series II, $.001 par value; 1,000,000 shares authorized; convertible; 1,000,000 issued and outstanding	1,000
Common stock, $.001 par value; 45,000,000 shares authorized; 9,186,574 (2011) and 9,247,485 (2012)	9,247
Additional paid in capital	25,191,584
Stock subscription receivable	(7,203,750)
Accumulated deficit	(21,384,213)
Accumulated other comprehensive income (loss)	(13,673)
Total PRMA stockholders' equity	(3,399,805)
Noncontrolling interest	1,609
Total Stockholders' Equity	(3,398,196)
Total Liabilities and Stockholders' Equity	$ 2,116,748

PEER REVIEW MEDIATION & ARBITRATION INC 10-Q/A