CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)	6 Months Ended		18 Months Ended
CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)	Jun. 30, 2011	Jun. 30, 2010	Jun. 30, 2011
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income (loss)	$ 43,026	$ (3,002,872)	$ (4,447,112)
Adjustments to reconcile net income (loss) to net cash used in operating activities:
Depreciation and amortization	679	1,229	1,907
Stock-based compensation		199,400	1,272,400
Interest accreted on financial instruments		168,600	168,600
Beneficial conversion interest		6,360	6,360
Gain on settlement of agreement payable			(3,486,867)
Gain on disposition of assets	(1,422)		(1,422)
Gain on disposal of subsidiaries			(86,984)
Loss on impairment in value of investment			29,592
Fair value of common stock issued for services		114,337	337,316
Loss on forgiveness of debt	9,320	36,023	45,343
Amortization of deferred share compensation	5,918	15,527	33,543
Penalty for late delivery of shares	(1,913,488)	1,266,928	982,010
Loss (income) from discontinued operations	19,206	(94,655)	450,276
Changes in operating assets and liabilities:
Accounts receivable	69	9,676	103,313
Prepaid expenses	(453)	6,596	(2,622)
Accounts payable and accrued liabilities	979,011	358,199	1,792,306
Net cash used in operating activities	(858,134)	(914,652)	(2,802,041)
CASH FLOWS FROM INVESTING ACTIVITIES:
Purchase of equipment			(6,846)
Cash utililzed in disposition of subsidiaries			(780)
Proceeds from disposition of assets	1,422		1,422
Net cash used in investing activities	1,422		(6,204)
CASH FLOWS FROM FINANCING ACTIVITIES:
Payments on notes payable	(39,403)		(108,371)
Proceeds from notes payable	70,395	289,289	309,011
Proceeds from convertible debentures		98,573	100,000
Repayments on debentures payable			(47,775)
Increase in amounts due to related parties		141,435	150,810
Private placement issuance costs		(19,447)	(19,447)
Proceeds from issuance of common stock			1,138,282
Proceeds received from private placement	453,330	287,500	811,802
Net cash provided by financing activities	484,322	797,350	2,334,312
CASH FLOWS FROM (USED BY) DISCONTINUED OPERATIONS	(16,437)	251,312	418,228
Effect of exchange rates	6,118	(7,122)	(14,741)
Net increase (decrease) in cash	(382,709)	126,888	(70,446)
Cash, beginning of period	430,549	118,286	118,286
Cash, end of period	47,840	245,174	47,840
SUPPLEMENTAL CASH FLOW DISCLOSURES:
Interest	7,253	5,794	96,718
Income taxes

WESCORP ENERGY INC 10-Q