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Note 2 - Summary of Significant Accounting Policies: Revenue Recognition (Policies)
3 Months Ended
Jun. 30, 2012
Revenue Recognition:  
Revenue Recognition

Revenue recognition

 

The Company recognizes revenue under the FASB Codification Topic 605 (“ASC Topic 605”). Revenue is recognized when all the following have occurred: persuasive evidence of arrangement with customers, products are delivered, fees are fixed and determinable and collection is reasonably assured.  Payments received before all of the relevant criteria for revenue recognition are satisfied are recorded as advance from customers. There was no significant revenue for the three and nine months ended June 30, 2012 as manufacturing was suspended due to the relocation to our new facility.