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NOTES PAYABLE
6 Months Ended
Nov. 30, 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. This loan was paid off in full in October 2011.

As of November 30, 2011, the Company has accrued interest payable in the amount of $333.