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NOTE 4 - CONVERTIBLE NOTES PAYABLE
12 Months Ended
Mar. 31, 2012
Convertible Promissory Notes Payable
NOTE 4 – CONVERTIBLE NOTES PAYABLE

Convertible notes payable-related party consists of the following:
 
March 31,
   
2012
   
2011
3% convertible note payable to Ryan Corley, President of the Company, due on demand,  convertible into a maximum of 271,311 common shares
 
21,705
   
21,705
2% convertible notes payable to Ryan Corley, due on demand,  convertible into a maximum of 12,595,503 common shares
 
583,850
   
518,357
2% convertible note payable to an entity controlled by Ryan Corley,  due on demand, convertible into a maximum of 978,000 common shares
 
48,900
   
48,900
3% convertible notes payable to an entity controlled by Ryan Corley, due on demand, convertible into a maximum of 1,619,500 common shares
 
111,350
   
111,350
Total notes payable-related party
$
765,805
 
$
700,312

Convertible notes payable consist of the following:
March 31,
 
2012
 
2011
4% convertible notes payable to a stockholder, due on demand, convertible into a maximum of 350,000 common shares
 
175,000
   
175,000
2% convertible notes payable to 2 stockholders, due on demand, convertible into a maximum of 294,934 common shares
 
11,413
   
6,413
Total notes payable
$
186,413
 
$
181,413