Amount Due to Shareholders

9 Months Ended

Jun. 30, 2011

Amount Due To Shareholders [Abstract]

6. AMOUNT DUE TO SHAREHOLDERS

	June 30 2011		September 30 2010
	(Unaudited)		(Audited)
Name:	US$		US$

Reunite Investments Inc. (i)		608,893		582,003
Due to former executive (ii)		330,000		340,000
Due to an executive officer (iii)		661,762		481,544
		1,600,655		1,403,547

The above related parties are all shareholders of the Company.

(i) The amount due to Reunite Investments Inc. is secured against certain pledges of the Company‘s subsidiaries as set out in Note 10.

(ii) On January 6, 2010 the Company entered into a compensation agreement with a former representative of Commodore Licensing, namely SP by Design, Inc. for previous costs incurred in developing the market. Under the agreement, the Company shall pay a total compensation of $350,000 which shall be paid as to $75,000 on or before March 1, 2010 $75,000 on or before May 1, 2010 and $200,000 by July 1, 2010 and issuance of 250,000 Common Stock in the Company. During the course of business commencing on January 6, 2010 until June 30, 2011, the Company paid $30,000.

(iii) The amount due to Mr. Eugène van Os, currently the Company’s Treasurer, Chief Financial Officer and Secretary, is unsecured, bears interests at 8% per annum and is payable on demand.

- Definition

The entire disclosure for related party transactions, including the nature of the relationship(s), a description of the transactions, the amount of the transactions, the effects of any change in the method of establishing the terms of the transaction from the previous period, stated interest rate, expiration date, terms and manner of settlement per the agreement with the related party, and amounts due to or from related parties. If the entity and one or more other entities are under common ownership or management control and this control affects the operating results or financial position, disclosure includes the nature of the control relationship even if there are no transactions between the entities. Disclosure may also include the aggregate amount of current and deferred tax expense for each statement of earnings presented where the entity is a member of a group that files a consolidated tax return, the amount of any tax related balances due to or from affiliates as of the date of each statement of financial position presented, the principal provisions of the method by which the consolidated amount of current and deferred tax expense is allocated to the members of the group and the nature and effect of any changes in that method. Examples of related party transactions include transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners; and (d) affiliates.

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