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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) (USD $)	3 Months Ended
	Sep. 30, 2014	Sep. 30, 2013
CASH FLOWS FROM OPERATING ACTIVITIES:
Net loss	$ (554,997)	$ (1,050,528)
Depreciation	16,639	16,012
Amortization of intangible assets	9,266	8,295
Amortization of note discounts	41,307
Common stock issued for services	2,137	13,266
Change in fair value of derivative liabilities	(20,231)
Changes in operating assets and liabilities:
Prepaid expenses and other current assets		43,845
Accounts payable and accrued liabilities	133,871	139,325
Net cash used in operating activities	(372,008)	(829,785)
CASH FLOWS FROM INVESTING ACTIVITIES:
Purchases of intangible assets	(2,450)	(11,210)
Purchases of property and equipment		(3,144)
Net cash used in investing activities	(2,450)	(14,354)
CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds from shareholder notes payable		100,000
Repayment of convertible notes payable	(58,133)
Proceeds from exercise of warrants		60,000
Proceeds from sale of common stock and warrants	444,300
Proceeds from sale of subsidiary common stock and exercise of warrants		633,100
Payment of direct offering costs	(10,134)	(129,132)
Net cash provided by financing activities	376,033	663,968
Net increase (decrease) in cash and cash equivalents	1,575	(180,171)
Cash and cash equivalents - beginning of year/period	8,303	214,483
Cash and cash equivalents - end of period	9,878	34,312
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:
Payment of taxes
Payment of interest	22,583
SUPPLEMENTAL DISCLOSURE OF NON-CASH INVESTING AND FINANCING ACTIVITIES:
Common stock issued for services	2,137	13,266
Amortization of loan discounts	41,307
Change in fair value of derivative liabilities	(20,231)
Exchange of subsidiary stock for ECHI common stock		2,048
Issuance of series B preferred stock as a dividend		2,991,461
Conversion of series B preferred stock for common stock	$ 900	$ 2,889

The aggregate expense charged against earnings to allocate the cost of intangible assets (nonphysical assets not used in production) in a systematic and rational manner to the periods expected to benefit from such assets. As a noncash expense, this element is added back to net income when calculating cash provided by or used in operations using the indirect method.

eCareer Holdings, Inc. 10-Q