EMPLOYMENT AGREEMENTS

9 Months Ended

Sep. 30, 2012

Employement Agreement Abstract

EMPLOYMENT AGREEMENTS

NOTE F- EMPLOYMENT AGREEMENTS

On March 21, 2011, the Company entered into three year employment agreements (the “Employment Agreements”) with each of Seong Yong Cho, its current President and Chief Executive Officer, and Seong Sam Cho, its current Chief Financial Officer. Pursuant to the terms of the Employment Agreements, Mr. Seong Yong Cho will continue to serve as President and Chief Executive Officer of the Company and Mr. Seong Sam Cho will continue to serve as Chief Financial Officer of the Company for an annual salary of $1.00 each. These employment agreements run through March 21, 2014.