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Subsequent Events
3 Months Ended
Mar. 31, 2012
Subsequent Events  
Subsequent Events [Text Block]

NOTE 6 – SUBSEQUENT EVENTS

 

Subsequent to the period end, the Company entered into a loan agreement with an executive for $20,008.  The loan is unsecured, bears interest at 5 percent per annum, and is due one year from the date of origination.

 

Subsequent to the period end, the Company issued 2,700,000 shares of common stock at $0.58 per share for services under its long-term incentive plan. The Company also issued 200,000 shares for cash at $0.76 per share.

 

In accordance with ASC 855-10, the Company’s management has reviewed all material events and there are no additional material subsequent events to report.