v2.4.0.6

Strike Axe, Inc. Consolidated Statements of Cash Flows (Unaudited) (USD $)	3 Months Ended
	May 31, 2012	May 31, 2011
Cash flows from operating activities:
Net Loss	$ (75,910)	$ 0
Adjustments required to reconcile net loss to cash used in operating activities:
Depreciation & amortization	2,767	0
Decrease in current liabilities	(10,497)	0
Cash used by operating activities:	(83,640)	0
Cash flows from financing activities:
Proceeds from borrowing	50,000	200
Cash from financing activities:	50,000	200
Change in cash	(33,640)	200
Cash-beginning of period	34,963	0
Cash-end of period	$ 1,322	$ 200

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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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Strike Axe, Inc 10-Q