v2.4.0.8

STATEMENTS OF CASH FLOWS (USD $)	3 Months Ended
STATEMENTS OF CASH FLOWS (USD $)	Jun. 30, 2013	Jun. 30, 2012
Cash flows from operating activities:
Net loss	$ (120,965)	$ (83,637)
Adjustments to reconcile net loss to net cash used in operating activities:
Non-cash stock compensation expense	47,604	48,524
Amortization of debt discount	21,430
Equity in losses of unconsolidated affiliate	5,754
Changes in operating assets and liabilities:
Accounts receivable
Accounts payable and accrued liabilities	(10,914)	5,000
Net cash used in operating activities	(57,091)	(30,113)
Cash flows from financing activities:
Proceeds from issuance of common stock
Payments on notes payable - related party	(40,400)
Proceeds from notes payable - related party	250,000
Net cash provided by financing activities	209,600
Cash flows from investing activities:
Equity investment in Naked Edge	(64,600)
Net cash used in investing activities	(64,600)
Change in cash	87,909	(30,113)
Cash, beginning of period		133,804
Cash, end of period	87,909	103,691
Interest paid in cash	$ 5,000

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Mister Goody, Inc. 10-Q