XML 15 R9.htm IDEA: XBRL DOCUMENT

Subscription Receivable

3 Months Ended

Mar. 31, 2012

Notes to Financial Statements

Subscription Receivable

NOTE 2 – SUBSCRIPTION RECEIVABLE

Under the Company’s May 2011 agreement with an institutional investor, a purchase of 119,261 shares of common stock was made by the institutional investor on March 30, 2012 in the amount of $200,001 which settled on April 2, 2012.