XML 22 R13.htm IDEA: XBRL DOCUMENT v3.3.1.900
Note 8: Subsequent Events
12 Months Ended
Dec. 31, 2015
Notes  
Note 8: Subsequent Events

 

8. Subsequent Events

 

The Company evaluated its December 31, 2015, financial statements for subsequent events through the date the financial statements were issued. The Company is not aware of any subsequent events which would require recognition or disclosure in the financial statements except as provided below:

 

On March 17, 2016, the Company entered into a non-binding Memorandum of Understanding (“MOU”) with CaiE Food Partnership Ltd. (“CaiE”) for the purpose of acquiring CaiE as a wholly owned subsidiary. The MOU further provides that CaiE lend the Company $50,000 on a convertible basis prior to the consummation of the transaction. CaiE had loaned the Company $20,000 as of the filing date of this report.