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NOTES PAYABLE
3 Months Ended
Aug. 31, 2011
NOTES PAYABLE 
NOTES PAYABLE

NOTE 2 – NOTES PAYABLE

 

The Company has received a loan from ACI, Inc. in the amount of $20,000 on June 30, 2011. The length of the loan is two years and it carries an interest rate of 5% per annum. There is no collateral for this loan.

 

As of August 31, 2011, the Company has accrued interest payable in the amount of $167.