CLICKER INC.

CIK:0001107998|SEC Filings

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) (USD $)	3 Months Ended		6 Months Ended
	Feb. 28, 2013	Feb. 29, 2012	Feb. 28, 2013	Feb. 29, 2012
Income Statement [Abstract]
Net revenues	$ (690)	$ 125	$ 6,962	$ 366
Operating expenses
Selling, general & administrative	70,553	107,617	126,678	221,156
Depreciation	700	467	1,400	467
Total operating expenses	71,253	108,084	128,078	221,623
Loss from operations	(71,943)	(107,959)	(121,116)	(221,257)
Non-operating income (expense):
Interest expense	(261,490)	(448,472)	(670,516)	(776,830)
Change in derivative liability	(1,126,073)	(723,812)	(896,283)	(2,648,265)
Gain (loss) on debt redemption		(3,239)		20,475
Total non-operating income (expense)	(1,387,563)	(1,175,523)	(1,566,799)	(3,404,620)
Loss before income taxes	(1,459,506)	(1,283,482)	(1,687,915)	(3,625,877)
Provision for income tax				4,800
Net loss	$ (1,459,506)	$ (1,283,482)	$ (1,687,915)	$ (3,630,677)
Basic and diluted net loss per share (in dollars per share)	$ (2.99)	$ (2.75)	$ (3.46)	$ (8.08)
Basic and diluted weighted average shares of common stock outstanding (in shares)	488,000	467,000	488,000	449,615

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) (USD $)	6 Months Ended
	Feb. 28, 2013	Feb. 29, 2012
Cash flows from operating activities:
Net loss	$ (1,687,915)	$ (3,630,677)
Adjustments to reconcile net loss to net cash used in operations
Depreciation and amortization	1,400	467
Change in derivative liability	896,283	2,648,265
(Gain) loss on debt redemption		(20,473)
Amortization of debt discount	582,574	679,443
Finance cost		10,000
Change in assets and liabilities:
Accounts payable	5,718	82,056
Accrued expenses and other liabilities	43,027	28,250
Net cash used in operating activities	(158,913)	(202,669)
Cash flows from financing activities:
Cash payments on notes		(25,275)
Cash proceeds from convertible note	200,000	300,000
Net cash provided by financing activities	200,000	274,725
Net increase in cash & cash equivalents	41,087	72,056
Cash & cash equivalents, beginning balance	32,734	303
Cash & cash equivalents, ending balance	73,821	72,359
Supplemental disclosure for cash flow information:
Cash and cash equivalents paid for interest
Cash and cash equivalents paid for taxes
Supplemental disclosure of non-cash investing and financing activity:
Face value of notes and interest converted to common stock		16,737
Fair value of common stock issued upon conversion of notes		59,206
Derivative liability of convertible notes at date of issue	399,125	344,889
Derivative liability charged off upon conversion of notes		60,379
Unamortized discount charged off upon conversion of notes		1,573
Preferred stock issued as payment of finance cost		$ 10,000

CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)	Feb. 28, 2013	Aug. 31, 2012
Current Assets
Cash & cash equivalents	$ 73,821	$ 32,734
Total current assets	73,821	32,734
Property and equipment, net of accumulated depreciation of $3,267 and $1,867 respectively	5,135	6,535
Other assets	10,565	10,565
Total assets	89,521	49,834
Current Liabilities
Accounts payable	1,501,380	1,495,662
Accrued expenses	1,148,927	1,105,900
Derivative liability	4,943,816	3,416,488
Due to related parties	22,683	22,683
Note payable	30,366	30,366
Convertible note payable, net	1,080,905	929,376
Total current liabilities	8,728,077	7,000,475
Redeemable preferred stock, Series B; par value $.001 per share; 100 shares authorized, 100 and 100 shares issued and outstanding, respectively	10,000	10,000
Stockholders' Deficit
Preferred stock, undesignated, par value $.001 per share; 4,999,900 shares authorized, no shares issued and outstanding
Common stock, $0.001 par value, 500,000,000 shares authorized, 488,000 and 488,000 shares issued and outstanding at February 28, 2013 and August 31, 2012, respectively	488	488
Paid in capital	22,239,262	22,239,262
Shares to be issued	15,400	15,400
Accumulated deficit	(30,903,706)	(29,215,791)
Total stockholders' deficit	(8,648,556)	(6,960,641)
Total liabilities and stockholders' deficit	$ 89,521	$ 49,834