v2.4.0.6

Statements of Cash Flows (USD $)	12 Months Ended		51 Months Ended
Statements of Cash Flows (USD $)	Jan. 31, 2013	Jan. 31, 2012	Jan. 31, 2013
Operating Activities
Net (loss)	$ (247,197)	$ (316,647)	$ (676,121)
Adjustment to reconcile net loss to cash used by operations:
Stock based compensation, management services		130,000	130,000
Amortization	187,500		187,500
Prepaid expenses	2,022	(3,437)	(1,415)
Accounts payable related party	11,683		11,683
Accounts payable	14,249	174,236	272,762
Net cash (used) for operating activities	(31,743)	(15,848)	(75,591)
Financing Activities
Advances payable	31,743	15,848	47,591
Loans from Director
Sale of common stock			28,000
Net cash provided by financing activities	31,743	15,848	75,591
Net increase (decrease) in cash and equivalents
Cash and equivalents at beginning of the period
Cash and equivalents at end of the period
Supplemental disclosure of cash flow information and non-cash activities:
Cash paid for Interest
Cash paid for income taxes
Stock based compensation, management services		130,000	130,000
Shares issued to purchase intangible assets		187,500	187,500
Shares issued for settlement accounts payable	30,000		30,000
Shares issued for advance payment to purchase CERs	660,000		660,000
[TotalNonCashTransactions]	$ 690,000	$ 317,500	$ 1,007,500

Supplemental disclosure, non cash transactions, total

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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.

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The increase (decrease) during the reporting period in other current operating liabilities not separately disclosed in the statement of cash flows.

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-Name Accounting Standards Codification

-Glossary Financing Activities

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-Name Statement of Financial Accounting Standard (FAS)

-Number 95

-Paragraph 20

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-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

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Global Resource Energy Inc. 10-K