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SUBSEQUENT EVENTS
10 Months Ended
Aug. 31, 2011
Subsequent Events  
Subsequent Events [Text Block]
NOTE 12 – SUBSEQUENT EVENTS
 
On October 12, 2011 the Company issued a $15,000 secured promissory note. The promissory note bears an 8% per annum interest rate, due on demand and is secured by all the assets of the Company.


On October 17, 2011, the Company received $50,000 in proceeds for the sale of 20,000 shares of Series A Redeemable Convertible Preferred Stock
 
On November 9, 2011, the Company issued a $16,200 secured promissory note. The promissory note bears an 8% per annum interest rate, due on demand and is secured by all the assets of the Company.


On November 23, 2011, the Company issued, but held in escrow of 3,800,000 shares of its common stock pursuant to officer employment agreements as described in Note 10 above.  In addition, the Company issued 50,000 shares of its Series B, but held in escrow as officers’ compensation.