Note 3 Summary of Significant Accounting Policies: (k) Impairment of Long-lived Assets (Policies)

6 Months Ended

Sep. 30, 2012

(k) Impairment of Long-lived Assets:

(k) Impairment of Long-lived Assets

(k)        Impairment of long-lived assets

Long-lived assets are comprised of property and equipment. Pursuant to the provisions of ASC360-10, “Property, plant and equipment”, long-lived assets to be held and used are reviewed for possible impairment whenever events indicate that the carrying amount of such assets may not be recoverable by comparing the undiscounted cash flows associated with the assets to their carrying amounts. If such a review indicates an impairment, the carrying amount would be reduced to fair value.

Based on the Company’s assessment, there were no events or changes in circumstances that would indicate any impairment of long-lived assets as of September 30 and March 31, 2012.