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NOTE 6 - LOANS PAYABLE
6 Months Ended
Jun. 30, 2011
Short-term Debt [Text Block]
NOTE 6 – LOANS PAYABLE

On May 22, 2008, in connection with the acquisition of Genesis, the Company assumed loans payable from certain third parties. These loans bear 8% interest per annum and are payable on demand. As of June 30, 2011, loans payable and related accrued interest amounted to $40,000 and $15,571, respectively. As of December 31, 2010, loans payable and related accrued interest amounted to $40,000 and $14,771, respectively.