SIGNIFICANT ACCOUNTING POLICIES

3 Months Ended

Mar. 31, 2012

SIGNIFICANT ACCOUNTING POLICIES

SIGNIFICANT ACCOUNTING POLICIES

NOTE 2 - SIGNIFICANT ACCOUNTING POLICIES

The financial  statements  of the Company have been prepared in accordance  with

generally  accepted  accounting  principles  in the  United  States of  America.

Because a precise determination of many assets and liabilities is dependent upon

future  events,  the  preparation  of financial  statements  involves the use of

estimates,  which have been made using  judgment.  Actual  results may vary from

these estimates.

The financial statements have, in management's opinion, been prepared within the

framework of the significant accounting policies summarized below:

DEVELOPMENT STAGE COMPANY

The Company is  considered  to be in the  development  stage,  as defined  under

Accounting Codification Standard,  Development Stage Entities ("ASC-915"). Since

its  formation,  the Company has not yet realized any revenues  from its planned

operations.

CASH AND CASH EQUIVALENTS

The Company  considers  highly liquid  financial  instruments  purchased  with a

maturity of three months or less to be cash equivalents.

USE OF ESTIMATES

The preparation of financial  statements in conformity  with generally  accepted

accounting principles requires management to make estimates and assumptions that

affect  the  reported  amounts  of assets  and  liabilities  and  disclosure  of

contingent  assets and  liabilities at the date of the financial  statements and

the  reported  amounts of revenues  and expenses  during the  reporting  period.

Actual results could differ from those estimates.

FAIR VALUE OF FINANCIAL INSTRUMENTS

The fair value of the Company's  financial  instruments,  consisting of cash and

accounts  payable and accrued  liabilities,  is equal to fair value due to their

short-term to maturity.  Unless otherwise noted, it is management's opinion that

the Company is not exposed to  significant  interest,  currency or credit  risks

arising from these financial instruments.

PER SHARE DATA

In  accordance  with  "ASC-260 - Earnings per Share",  the basic loss per common

share is computed by dividing net loss available to common  stockholders  by the

weighted  average number of common shares  outstanding.  Diluted loss per common

share is  computed  similar  to basic  loss per  common  share  except  that the

denominator is increased to include the number of additional  common shares that

would have been  outstanding if the potential  common shares had been issued and

if the additional common shares were dilutive. At December 31, 2011, the Company

had no stock  equivalents that were  anti-dilutive  and excluded in the loss per

share computation.

STOCK-BASED COMPENSATION

The Company records stock based  compensation in accordance with the guidance in

ASC Topic 718 which  requires the Company to recognize  expenses  related to the

fair value of its employee stock option awards.  This eliminates  accounting for

share-based  compensation  transactions  using the intrinsic  value and requires

instead that such transactions be accounted for using a fair-value-based method.

As the  Company  has  never  granted  any stock  options  the  adoption  of this

accounting  policy  had no  effect  on its  financial  position  or  results  of

operations.

RECENT ACCOUNTING PRONOUNCEMENTS

The Company has evaluated all of the recent  accounting  pronouncements  through

the filing date of these  financial  statements and feels that none of them will

have a material effect on the Company's interim financial statements.