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NOTE 3: DEPOSITS AND PREPAID EXPENSES	3 Months Ended
Jun. 30, 2012
Prepaid Insurance Policy	NOTE 3: DEPOSITS AND PREPAID EXPENSES In December 2011, the Company purchased for $23,082 a one-year liability insurance policy (the “Policy”). The Policy was purchased with a cash payment of $6,108 with the balance of $16,974 settled with a promissory note. The Company recorded prepaid insurance of $23,082 and a related entry to record a $16,974 note payable. During the nine-month period ended June 30, 2012, $15,386 of this prepaid insurance was amortized into general & administrative expenses. See Note 8.

NOTE 3: DEPOSITS AND PREPAID EXPENSES

3 Months Ended

Jun. 30, 2012

NOTE 3: DEPOSITS AND PREPAID EXPENSES

In December 2011, the Company purchased for $23,082 a one-year liability insurance policy (the “Policy”). The Policy was purchased with a cash payment of $6,108 with the balance of $16,974 settled with a promissory note. The Company recorded prepaid insurance of $23,082 and a related entry to record a $16,974 note payable. During the nine-month period ended June 30, 2012, $15,386 of this prepaid insurance was amortized into general & administrative expenses. See Note 8.