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1. Organization
12 Months Ended
Dec. 31, 2012
Notes  
1. Organization

1.  ORGANIZATION

 

The Company was incorporated under the laws of the state of Nevada on December 30, 1999 with authorized common stock of 25,000,000 shares with a par value of $0.001.

 

The principal business activity of the Company is to manufacture and market the LiL Marc urinal used in the training of young boys.

 

During January 2005 the Company organized LiL Marc, Inc., in the state of Utah, and transferred all its assets, liabilities, and operations to LiL Marc Inc. in exchange for all of the outstanding stock of LiL Marc, Inc. for the purpose of continuing the operations in the subsidiary.

 

LiL Marc, Inc. (predecessor) was incorporated under the laws of the state of Nevada on April 22, 1997 for the purpose of marketing and sales of the LiL Marc training urinal for use by young boys. The marketing and sales activity was transferred to LILM, Inc. on December 30, 1999.

 

Included in the following financial statements are the combined statements of operations of LIL Marc, Inc. (predecessor) for the period April 22, 1997 to December 30, 1999 and LILM, Inc., and its subsidiary, for the period December 30, 1999 to December 31, 2012.

 

The accompanying balance sheet of LILM, Inc and Subsidiary and LiL Marc, Inc. (predecessor) (development stage company) as of the December 31, 2012 and related statements of operations for the year ended December 31, 2012 and 2011 and the period April 22, 1997 ( date of inception of predecessor) to December 31, 2012, and related statements of cash flows for the year ended December 31,2012 and 2011 and the period April 22, 1997 (date of inception of predecessor) to December 31, 2012, have been prepared in accordance with the requirements for conformity with accounting principles generally accepted in the United States of America.