Advanced Voice Recognition Systems Inc (AVOI)

[ditka]

Read the 10 Q again and I was wrong the stock they sold is restricted. found this in the 10Q I dont if this is included in the March numbers this last sale but I think it is because the numbers are through March 31.

The Company entered into a Stock Purchase Agreement dated March 9, 2011 with one person who agreed to purchase 4,375,000 restricted shares of the common stock of AVRS for $350,000. Payment was made in full on March 10, 2011.

Cash Flows from Financing Activities:
Proceeds from sale of common stock
362,000
176,310
4,522,013
Payments on advances from shareholder
(34,047)
Payments on promissory note from shareholder
(57,313)

(245,544)
Proceeds from promissory notes and advance

80,000
from shareholder
231,344
Net cash provided by financing activities
304,687
176,310
4,553,766