Related Party Transactions

12 Months Ended

Dec. 31, 2012

Note 5 – Related Party Transactions

Note Payable – Related Party/Advances from Stockholders

As of December 31, 2011, loan payable-stockholder/officer was $130,001 payable on demand. The loan bears interest at 5%, per annum. For the year ended December 31, 2011 interest expense on the loan payable-stockholder/officer was $5,288.

On January 1, 2012, the loan was converted into an advance with no interest to be charged. During the year ended December 31, 2012, the Company was advanced $12,050.

Free Office Space

The Company has been provided office space by its Chief Executive Officer at no cost. The management determined that such cost is nominal and did not recognize the rent expense in its financial statements.

- Definition

The entire disclosure for related party transactions. Examples of related party transactions include transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners; and (d) affiliates.

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