Equity

9 Months Ended

Oct. 31, 2011

Equity

Stockholders' Equity Note Disclosure [Text Block]

NOTE 7.  STOCK TRANSACTIONS

Transactions, other than employees’ stock issuance, are in accordance with paragraph 8 of SFAS 123. Thus issuances shall be accounted for based on the fair value of the consideration received.  Transactions with employees’ stock issuance are in accordance with paragraphs (16-44) of SFAS 123. These issuances shall be accounted for based on the fair value of the consideration received or the fair value of the equity instruments issued, or whichever is more readily determinable. 

On November 30, 2005 the Company issued a total of 12,000,000 shares of common stock to one director for cash in the amount of $10,000.

On June 12, 2006 the Company issued 12,000,000 units from the Company’s registered SB-2 offering reflecting 12,000,000 shares of common stock.

On August 12, 2008 the Company effected a 12 for 1 forward split of its issued and outstanding share capital such that every one share of common stock issued and outstanding prior to the split was exchanged for twelve post-split shares of common stock. The number of shares referred to in the previous paragraphs is post-split number of shares. The Company’s post-split authorized capital remains unchanged at 75,000,000 shares of common stock with a par value of $0.001 per share. All share amounts have been retroactively adjusted for all periods presented.

As of October 31, 2011 the Company had 24,000,000 shares of common stock issued and outstanding.

NOTE 8.  STOCKHOLDERS’ EQUITY

The stockholders’ equity section of the Company contains the following class of capital stock as of October 31, 2011:

Common stock, $ 0.001 par value: 75,000,000 shares authorized; 24,000,000 shares issued and outstanding.