Note Payable To Related Party

3 Months Ended

Mar. 31, 2013

Note Payable To Related Party

Note Payable To Related Party

NOTE 3 – NOTE PAYABLE TO RELATED PARTY

	March 31, 2013		December 31, 2012
		$		$
On June 20, 2010, the Company accepted a loan from a company owned by a family member of a director of the Company in the amount of $150,000 bearing interest at a rate of 10% per annum. The loan is unsecured and is due on demand.  During the three month period ended March 31, 2013, the Company accrued interest expense of $3,750 (March 31, 2012 – $3,739) related to the note payable. The balance as at March 31, 2013 consists of principal of $150,000 (2012 – $150,000) and accrued interest of $21,681 (2012 – $37,931).		171,681		187,931

On March 27, 2013, the Company issued 20,000,000 shares to settle $20,000 of the above debt.