v2.3.0.11

STATEMENTS OF CASH FLOWS (Unaudited) (USD $)	6 Months Ended		45 Months Ended
STATEMENTS OF CASH FLOWS (Unaudited) (USD $)	Jun. 30, 2011	Jun. 30, 2010	Jun. 30, 2011
CASH FLOWS (TO) OPERATING ACTIVITIES:
Net (loss)	$ (23,563)	$ (21,288)	$ (143,757)
Net Cash (Used In) Operating Activities	(23,563)	(21,288)	(143,757)
CASH FLOWS FROM FINANCING ACTIVITIES:
Common stock issued for cash	0	0	5,000
Warrants issued for cash	0	0	2,500
Advances from stockholders	25,000	25,000	147,500
Net Cash Provided by Financing Activities	25,000	25,000	155,000
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS:	1,437	3,712	11,243
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD	9,806	21,203	0
CASH AND CASH EQUIVALENTS, END OF PERIOD	$ 11,243	$ 24,915	$ 11,243

Includes currency on hand as well as demand deposits with banks or financial institutions. It also includes other kinds of accounts that have the general characteristics of demand deposits in that the Entity may deposit additional funds at any time and also effectively may withdraw funds at any time without prior notice or penalty. Cash equivalents, excluding items classified as marketable securities, include short-term, highly liquid investments that are both readily convertible to known amounts of cash, and so near their maturity that they present minimal risk of changes in value because of changes in interest rates. Generally, only investments with original maturities of three months or less qualify under that definition. Original maturity means original maturity to the entity holding the investment. For example, both a three-month US Treasury bill and a three-year Treasury note purchased three months from maturity qualify as cash equivalents. However, a Treasury note purchased three years ago does not become a cash equivalent when its remaining maturity is three months. Compensating balance arrangements that do not legally restrict the withdrawal or usage of cash amounts may be reported as Cash and Cash Equivalents, while legally restricted deposits held as compensating balances against borrowing arrangements, contracts entered into with others, or company statements of intention with regard to particular deposits are not generally reported as cash and cash equivalents. Includes cash and cash equivalents associated with the entity's continuing operations. Excludes cash and cash equivalents associated with the disposal group (and discontinued operation).

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The increase (decrease) during the reporting period in cash and cash equivalents. While for technical reasons this element has no balance attribute, the default assumption is a debit balance consistent with its label.

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The net cash from (used in) all of the entity's operating activities, including those of discontinued operations, of the reporting entity. Operating activities generally involve producing and delivering goods and providing services. Operating activity cash flows include transactions, adjustments, and changes in value that are not defined as investing or financing activities. While for technical reasons this element has no balance attribute, the default assumption is a debit balance consistent with its label.

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The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.

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SRKP 24 Inc 10-Q