10Q

0001056520-12-000228.txt : 20120518 0001056520-12-000228.hdr.sgml : 20120518 20120518143118 ACCESSION NUMBER: 0001056520-12-000228 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 9 CONFORMED PERIOD OF REPORT: 20120331 FILED AS OF DATE: 20120518 DATE AS OF CHANGE: 20120518 FILER: COMPANY DATA: COMPANY CONFORMED NAME: IFCI INTERNATIONAL CORP. CENTRAL INDEX KEY: 0001435039 STANDARD INDUSTRIAL CLASSIFICATION: METAL MINING [1000] IRS NUMBER: 262230717 STATE OF INCORPORATION: NV FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-Q SEC ACT: 1934 Act SEC FILE NUMBER: 333-151312 FILM NUMBER: 12855060 BUSINESS ADDRESS: STREET 1: #203, 201 CREE PLACE CITY: SASKATOON STATE: A9 ZIP: S7K 2Z3 BUSINESS PHONE: 1-800-609-0775 MAIL ADDRESS: STREET 1: #203, 201 CREE PLACE CITY: SASKATOON STATE: A9 ZIP: S7K 2Z3 FORMER COMPANY: FORMER CONFORMED NAME: CONNECT CORP DATE OF NAME CHANGE: 20100816 FORMER COMPANY: FORMER CONFORMED NAME: CONNECT Corp DATE OF NAME CHANGE: 20090417 FORMER COMPANY: FORMER CONFORMED NAME: Iron Head Mining Corp. DATE OF NAME CHANGE: 20080514 10-Q 1 f10qconnectcorp33112.htm 10Q 10Q

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 10-Q

QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the quarterly period ended March 31, 2012

Commission File Number: 333-151312

IFCI INTERNATIONAL CORP.

(Exact name of registrant as specified in its charter)

Nevada

26-2230717

(State or other jurisdiction of incorporation or organization)

(I.R.S. Employer Identification No.)

#203, 201 Cree Place, Saskatoon, Saskatchewan Canada

S7K 2Z3

(Address of principal executive offices)

(Zip Code)

1-800-609-0775

(Registrant’s telephone number, including area code)

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. [X] Yes [ ] No

Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files). [X] Yes [ ] No

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. See the definitions of “large accelerated filer,” “accelerated filer,” and “smaller reporting company” in Rule 12b-2 of the Exchange Act.


Large accelerated filer	[ ]	Accelerated filer	[ ]
Non-accelerated filer	[ ] (Do not check if a smaller reporting company)	Smaller reporting company	[X]

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act.) [X] Yes [ ] No

Indicate the number of shares outstanding of each of the issuer’s classes of common stock, as of the latest practicable date:

As of May 15, 2012, there were 55,500,000 common shares issued and outstanding

PART I – FINANCIAL STATEMENTS

Item 1. Financial Statements

IFCI International Corporation

(Formerly The Connect Corporation)

(A Development Stage Company)

Financial Statements (Unaudited)

For the Period from April 27, 2007

(Inception) to March 31, 2012

IFCI International Corporation

(Formerly The Connect Corporation)

(A Development Stage Company)

Index to the Financial Statements (Unaudited)

For the Period from April 27, 2007

(Inception) to March 31, 2012

Balance Sheets as of March 31, 2012 (Unaudited) and December 31, 2011

Statements of Operations (Unaudited) for the three month periods

ended March 31, 2012 and 2011; and for the period from

April 27, 2007 (Inception) to March 31, 2012

Statements of Cash Flows (Unaudited) for the three month periods

ended March 31, 2012 and 2011; and for the period from April 27, 2007

(Inception) to March 31, 2012

Notes to the Financial Statements (Unaudited)

7-12

IFCI International Corporation

(Formerly The Connect Corporation)

(A Development Stage Company)

Balance Sheets


	March 31, 2012	December 31, 2011
	(Unaudited)

ASSETS	$ -	$ -
Total assets	-	-

LIABILITIES AND STOCKHOLDERS' DEFICIT
Current liabilities:
Accounts payable	8,055	10,057
Total current liabilities	8,055	10,057

Stockholders' Deficit
Common stock, par value $0.001, 450,000,000 shares authorized, 55,500,000 shares issued and outstanding	55,500	55,500
Additional paid-in capital	58,036	50,061
Deficit accumulated during the development stage	(121,591)	(115,618)
Total stockholders' deficit	(8,055)	(10,057)

Total liabilities and stockholders' deficit	$ -	$ -

See accompanying notes to the unaudited financial statements.

IFCI International Corporation

(Formerly The Connect Corporation)

(A Development Stage Company)

Statements of Operations (Unaudited)


	For the Three Month Period Ended March 31, 2012	For the Three Month Period Ended March 31, 2011	For the Period from April 27, 2007 (Inception) to March 31, 2012

Revenues:	$ -	$ -	$ -

Operating expenses:
Exploration costs	-	-	2,500
Selling, general and administrative	5,973	4,797	119,091
Operating loss before income taxes	(5,973)	(4,797)	(121,591)

Income tax (expense) benefit	-	-	-

Net loss available to common stockholders	$ (5,973)	$ (4,797)	$ (121,591)

Basic and diluted loss per common share	$ (0.00)	$ (0.00)

Weighted average shares outstanding	55,500,000	55,500,000

See accompanying notes to the unaudited financial statements.

IFCI International Corporation

(Formerly The Connect Corporation)

(A Development Stage Company)

Statements of Cash Flows (Unaudited)


	For the Three Month Period Ended March 31, 2012	For the Three Month Period Ended March 31, 2011	For the Period from April 27, 2007 (Inception) to March 31, 2012

Cash flows from operating activities:
Net loss	$ (5,973)	$ (4,797)	$ (121,591)
Adjustments to reconcile net loss to net cash used in operating activities:
Mining expense contributed by related party	-	-	2,500
Change in operating liabilities:
Increase (decrease) in accounts payable	(2,002)	(5,360)	8,055
Net cash used in operating activities	(7,975)	(10,157)	(111,036)

Cash flows from investing activities:	-	-	-
Net cash provided by investing activities	-	-	-

Cash flows from financing activities:
Cash received from stock subscriptions receivable	-	-	9,250
Contributed capital	7,975	10,157	101,786
Net cash provided by financing activities	7,975	10,157	111,036

Net increase in cash	-	-	-
Cash at beginning of period	-	-	-
Cash at end of period	$ -	$ -	$ -

Supplemental Disclosures:
Cash paid for interest	$ -	$ -	$ -
Cash paid for income taxes	$ -	$ -	$ -

See accompanying notes to the unaudited financial statements.

IFCI International Corporation

(Formerly The Connect Corporation)

(A Development Stage Company)

Notes to the Unaudited Financial Statements

For the Period from April 27, 2007 (Inception) to March 31, 2012

ORGANIZATION

Formerly known as Adicus Energy Corporation, IFCI International Corporation (the “Company”) was incorporated on April 27, 2007 in the State of Nevada. In October, 2007, the Company changed its name to Iron Head Mining Corporation. In February, 2009, the Company changed its name to The Connect Corporation. The Company’s headquarters are based in the city of Saskatoon, Saskatchewan Canada. The accounting and reporting policies of the Company conform to accounting principles generally accepted in the United States of America, and the Company’s fiscal year end is December 31.

Formerly an exploration stage company that primarily engaged in the acquisition, exploration, and development of resource properties, the Company is currently a development stage company that seeks to identify organizations that have attained critical mass thresholds of members, affiliates, and customers with established electronic communication and delivery systems. The Company provides value added benefits to these organizations that can significantly enhance the financial well-being through the cost effective electronic installation of the Net Savings Connection web based savings system. To date, the Company’s activities have been limited to its formation, minimal operations, and the raising of equity capital.

DEVELOPMENT STAGE COMPANY

The Company is considered to be in the development stage as defined in ASC 915 “Accounting and Reporting by Development Stage Enterprises.” The Company’s efforts have been devoted primarily to raising capital, borrowing funds and attempting to implement its planned, principal activities.

IFCI International Corporation

(Formerly The Connect Corporation)

(A Development Stage Company)

Notes to the Unaudited Financial Statements

For the Period from April 27, 2007 (Inception) to March 31, 2012

SIGNIFICANT ACCOUNTING POLICIES

USE OF ESTIMATES

The preparation of the Company’s financial statements in conformity with accounting principles generally accepted in the United States 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 amount of revenues and expenses

during the reporting period. Actual results could differ from those estimates. The Company’s periodic filings with the Securities and Exchange Commission include, where applicable, disclosures of estimates, assumptions, uncertainties and markets that could affect the financial statements and future operations of the Company.

CASH AND CASH EQUIVALENTS

Cash and cash equivalents include cash in banks, money market funds, and certificates of term deposits with maturities of less than three months from inception, which are readily convertible to known amounts of cash and which, in the opinion of management, are subject to an insignificant risk of loss in value. The Company had no cash and cash equivalents as of March 31, 2012 and December 31, 2011, respectively.

NET INCOME OR (LOSS) PER SHARE OF COMMON STOCK

The Company has adopted ASC 260 “Earnings per Share,” (“EPS”) which requires presentation of basic and diluted EPS on the face of the income statement for all entities with complex capital structures and requires a reconciliation of the numerator and denominator of the basic EPS computation to the numerator and denominator of the diluted EPS computation. In the accompanying financial statements, basic earnings (loss) per share is computed by dividing net loss by the weighted average number of shares of common stock outstanding during the period.

The following table sets forth the computation of basic and diluted earnings per share for the three month periods March 31, 2012 and 2011:

IFCI International Corporation

(Formerly The Connect Corporation)

(A Development Stage Company)

Notes to the Unaudited Financial Statements

For the Period from April 27, 2007 (Inception) to March 31, 2012

SIGNIFICANT ACCOUNTING POLICIES (CONTINUED)


	For the Three Month Period Ended March 31, 2012	For the Three Month Period Ended March 31, 2011

Net loss	$ (5,973)	$ (4,797)

Weighted average shares outstanding (Basic)	55,500,000	55,500,000
Options	-	-
Warrants	-	-

Weighted average shares outstanding (Diluted)	55,500,000	55,500,000

Net loss per common share (Basic and Diluted)	$ (0.00)	$ (0.00)

CONCENTRATIONS OF CREDIT RISK

The Company’s financial instruments that are exposed to concentrations of credit risk primarily consist of its cash and cash equivalents and related party payables it will likely incur in the near future. The Company places its cash and cash equivalents with financial institutions of high credit worthiness. At times, its cash and cash equivalents with a particular financial institution may exceed any applicable government insurance limits. The Company’s management plans to assess the financial strength and credit worthiness of any parties to which it extends funds, and as such, it believes that any associated credit risk exposures are limited.

RECENTLY ISSUED ACCOUNTING PRONOUNCEMENTS

In June 2009, the FASB established the Accounting Standards Codification (“Codification” or “ASC”) as the source of authoritative accounting principles recognized by the FASB to be applied by nongovernmental entities in the preparation of financial statements in accordance with generally accepted accounting principles in the United States (“GAAP”). Rules and interpretive releases of the Securities and Exchange Commission (“SEC”) issued under authority of federal securities laws are also sources of GAAP for SEC registrants. Existing GAAP was not intended to be changed as a result of the Codification, and accordingly the change did not impact our financial statements. The ASC does change the way the guidance is organized and presented.

IFCI International Corporation

(Formerly The Connect Corporation)

(A Development Stage Company)

Notes to the Unaudited Financial Statements

For the Period from April 27, 2007 (Inception) to March 31, 2012

SIGNIFICANT ACCOUNTING POLICIES (CONTINUED)

Statement of Financial Accounting Standards (“SFAS”) No. 165 (ASC Topic 855), “Subsequent Events,” SFAS No. 166 (ASC Topic 810), “Accounting for Transfers of Financial Assets-an Amendment of FASB Statement No. 140,” SFAS No. 167 (ASC Topic 810), “Amendments to FASB Interpretation No. 46(R),” and SFAS No. 168 (ASC Topic 105), “The FASB Accounting Standards Codification and the Hierarchy of Generally Accepted Accounting Principles- a replacement of FASB Statement No. 162” were recently issued. SFAS No. 165, 166, 167, and 168 have no current applicability to the Company or their effect on the financial statements would not have been significant.

Accounting Standards Update (“ASU”) ASU No. 2009-05 (ASC Topic 820), which amends Fair Value Measurements and Disclosures – Overall, ASU No. 2009-13 (ASC Topic 605), Multiple Deliverable Revenue Arrangements, ASU No. 2009-14 (ASC Topic 985), Certain Revenue Arrangements that include Software Elements, and various other ASU’s No. 2009-2 through ASU No. 2011-12 which contain technical corrections to existing guidance or affect guidance to specialized industries or entities were recently issued. These updates have no current applicability to the Company or their effect on the financial statements would not have been significant.

STOCKHOLDERS’ EQUITY

CAPITAL CONTRIBUTIONS

During the three month periods ended March 31, 2012 and 2011, the Company’s Assistant Secretary contributed $7,975 and $10,157, respectively. These amounts represent payment on behalf of the Company of operating expenditures. As of March 31, 2012 and December 31, 2011 the Company’s Assistant Secretary has contributed $101,786 and $93,811, respectively. This amount has been included in additional paid-in capital, totaling $58,036 and $50,061 as of March 31, 2012 and December 31, 2011, respectively.

PROVISION FOR INCOME TAXES

The Company recognizes the tax effects of transactions in the year in which such transactions enter into the determination of net income, regardless of when

IFCI International Corporation

(Formerly The Connect Corporation)

(A Development Stage Company)

Notes to the Unaudited Financial Statements

For the Period from April 27, 2007 (Inception) to March 31, 2012

PROVISION FOR INCOME TAXES (CONTINUED)

reported for tax purposes. Deferred taxes are provided in the financial statements under ASC 718-740-20 to give effect to the resulting temporary differences which may arise from differences in the basis of fixed assets, depreciation methods, allowances, and start-up costs based on the income taxes expected to be payable in future years.

Minimal development stage deferred tax assets arising as a result of net operating loss carry forwards have been offset completely by a valuation allowance due to the uncertainty of their utilization in future periods. Operating loss carry forwards totaling $121,591 and $115,618 as of March 31, 2012 and December 31, 2011, respectively, will begin to expire in 2027. Accordingly, deferred tax assets of approximately $42,557 and $40,466 were offset by a valuation allowance for each respective year.

The Company adopted the provisions of uncertain tax positions as addressed in ASC 740-10-65-1, on April 27, 2007. As a result of the implementation of ASC 740-10-65-1, the Company recognized approximately no increase in the liability for unrecognized tax benefits.

The Company has no tax position as of March 31, 2012 and December 31, 2011 for which the ultimate deductibility is highly certain but for which there is uncertainty about the timing of such deductibility. The Company recognizes interest accrued related to unrecognized tax benefits in interest expense and penalties in operating expenses. No such interest or penalties were recognized during the periods presented. The Company had no accruals for interest and penalties as of March 31, 2012 and December 31, 2011. The Company’s utilization of any net operating loss carry forward may be unlikely as a result of its intended development stage activities.

GOING CONCERN AND LIQUIDITY CONSIDERATIONS

The accompanying financial statements have been prepared assuming that the Company will continue as a going concern, which contemplates, among other things, the realization of assets and satisfaction of liabilities in the normal course of business. As of March 31, 2012, the Company has negative working capital of $8,055 and an accumulated deficit totaling $121,591. The Company intends to fund operations through equity financing arrangements, which may be insufficient

IFCI International Corporation

(Formerly The Connect Corporation)

(A Development Stage Company)

Notes to the Unaudited Financial Statements

For the Period from April 27, 2007 (Inception) to March 31, 2012

GOING CONCERN AND LIQUIDITY CONSIDERATIONS (CONTINUED)

to fund its capital expenditures, working capital and other cash requirements for the next twelve months.

The ability of the Company to emerge from the development stage is dependent upon, among other things, obtaining additional financing to continue operations, successfully implementing its newly adopted business plan and realizing profitability, as well as recurring operating cash flows. In response to these factors, management intends to raise additional funds through public or private placement offerings, and to expedite to the extent possible the implementation of its newly adopted business plan.

These factors, among others, raise substantial doubt about the Company’s ability to continue as a going concern. The accompanying financial statements do not include any adjustments that might result from the outcome of this uncertainty.

SUBSEQUENT EVENTS

The Company has evaluated its subsequent events from the balance sheet date through the date of this report and determined that there are no additional events to disclose.

Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations

IFCI International Corp. is a Nevada corporation originally incorporated as Adicus Energy Corp. on April 27, 2007. We changed our name on October 16, 2007, to Iron Head Mining Corporation. On March 17, 2009, we filed a Certificate of Amendment changing our name to The Connect Corporation. On December 31, 2011, we changed our name to IFCI International Corp. We were previously in the business of mineral exploration and mining. The Company changed its business plan earlier in 2012 and is currently focusing on additional business opportunities.

As of March 31, 2012, the Company had not generated any revenues. Since inception, the Company had incurred expenses of $121,591, consisting primarily of exploration costs, selling, and general and administrative expenses. For the three month period ended March 31, 2012, the Company had expenses of $5,973, compared to $4,797 for the same period in 2011.

Over the next 12 months, it is expected that we will need approximately $50,000 to meet our expenses. Expenses include legal and accounting fees, salaries and general and administrative expenses. In order to develop its business plan, the Company will be required to raise capital through the sale of equity, the issuance of debt or a combination of both. The failure to raise capital may result in curtailing the development of its business plan, or potentially the failure to continue the Company’s operations.

Item 3. Quantitative and Qualitative Disclosures About Market Risk

Not applicable.

Item 4. Controls and Procedures

Evaluation of Disclosure Controls and Procedures

Our Chief Executive Officer and Chief Financial Officer conducted an evaluation of the effectiveness of the design and operation of the Company's disclosure controls and procedures, as defined in Rules 13a-15(e) and Rule 15d-15(e) under the Exchange Act. Based upon his evaluation as of September 30, 2011, he concluded that those disclosure controls and procedures are effective.

Internal Control over Financial Reporting

There have been no changes in the Company's internal control over financial reporting during the quarter ended March 31, 2012, that have materially affected, or are reasonably likely to affect, the Company's internal control over financial reporting.

PART II – OTHER INFORMATION

Item 5. Other Information

None.

Item 6. Exhibits

The following exhibits are incorporated into this Form 10-Q Quarterly Report:


Exhibit No.	Description
3.1	Amended and Restated Bylaws
31.1	Certifications of Chief Financial Officer and Principal Executive Officer Pursuant to Rule 13a-14(a) or 15d-14(a) of the Securities Exchange Act of 1934
32.1	Certification of Chief Financial Officer and Principal Executive Officer under Section 1350 as Adopted Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002
101.INS*	XBRL Instance
101.SCH*	XBRL Taxonomy Extension Schema
101.CAL*	XBRL Taxonomy Extension Calculation
101.DEF*	XBRL Taxonomy Extension Definition
101.LAB*	XBRL Taxonomy Extension Labels
101.PRE*	XBRL Taxonomy Extension Presentation

* XBRL Information is furnished and not filed or a part of a registration statement or prospectus for purposes of Sections 11 or 12 of the Securities Act of 1933, as amended, is deemed not filed for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, and otherwise is not subject to liability under these sections.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

IFCI INTERNATIONAL CORP.

Date May 16, 2012

/s/ Ken Waters

Ken Waters, Chairman, Principal Financial Officer, Principal Executive Officer

EX-31 2 exhibit31.htm CERTIFICATION Converted by EDGARwiz

Exhibit 31.1

Section 302 of the Sarbanes-Oxley Act

I, Ken Waters, certify that:

1. I have reviewed this quarterly report on Form 10-Q of IFCI International Corp.;

2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the period presented in this report;

4. The registrant’s other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:

a. designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

b. designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

c. evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and

d. disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter (the registrant’s fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and

5. The registrant’s other certifying officer(s) and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of registrant’s board of directors (or persons performing the equivalent functions):

a. all significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which could or are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial information; and

b. any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal controls over financial reporting.

IN WITNESS WHEREOF, the undersigned has executed this certification as of the 16^th day of May, 2012.

/s/ Ken Waters

Ken Waters

Principal Financial Officer
Principal Executive Officer

EX-32 3 exhibit32.htm CERTIFICATION Converted by EDGARwiz

Exhibit 32.1

CERTIFICATION OF PRINCIPAL EXECUTIVE OFFICER AND CHIEF FINANCIAL OFFICER PURSUANT TO 18 U.S.C. SECTION 1350, AS ADOPTED PURSUANT TO SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002

In connection with the Quarterly Report of IFCI International Corp. (the "Company") on Form 10-Q for the period ending March 31, 2012, as filed with the Securities and Exchange Commission on the date hereof (the "Report"), I, Ken Waters, Principal Financial and Executive Officer of the Company, certify, pursuant to 18 U.S.C. 1350, as adopted pursuant to 906 of the Sarbanes-Oxley Act of 2002, that:

The Report fully complies with the requirements of section 13(a) or 15(d) of the Securities Exchange Act of 1934; and

The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company.

IN WITNESS WHEREOF, the undersigned has executed this certification as of the 16^th day of May, 2012.

/s/ Ken Waters

Ken Waters, Principal Financial Officer

Principal Executive Officer

EX-101.INS 4 ifci-20120331.xml INSTANCE 10-Q 2012-03-31 false IFCI International Corp. 0001435039 --12-31 55500000 Smaller Reporting Company Yes No No 2012 Q1

8055

10057

8055

10057

55500

58036

50061

-121591

-115618

-8055

-10057

2500

5973

4797

119091

-5973

-4797

-121591

-5973

-4797

-121591

-0.00

55500000

-5973

-4797

-121591

2500

-2002

-5360

8055

-7975

-10157

-111036

9250

7975

10157

101786

7975

10157

111036

1)         ORGANIZATION   Formerly known as Adicus Energy Corporation, IFCI International Corporation (the Company) was incorporated on April 27, 2007 in the State of Nevada.  In October, 2007, the Company changed its name to Iron Head Mining Corporation.  In February, 2009, the Company changed its name to The Connect Corporation.  The Companys headquarters are based in the city of Saskatoon, Saskatchewan Canada.  The accounting and reporting policies of the Company conform to accounting principles generally accepted in the United States of America, and the Companys fiscal year end is December 31.   Formerly an exploration stage company that primarily engaged in the acquisition, exploration, and development of resource properties, the Company is currently a development stage company that seeks to identify organizations that have attained critical mass thresholds of members, affiliates, and customers with established electronic communication and delivery systems.  The Company provides value added benefits to these organizations that can significantly enhance the financial well-being through the cost effective electronic installation of the Net Savings Connection web based savings system.  To date, the Companys activities have been limited to its formation, minimal operations, and the raising of equity capital.   DEVELOPMENT STAGE COMPANY   The Company is considered to be in the development stage as defined in ASC 915 Accounting and Reporting by Development Stage Enterprises.  The Companys efforts have been devoted primarily to raising capital, borrowing funds and attempting to implement its planned, principal activities.

2)   SIGNIFICANT ACCOUNTING POLICIES   USE OF ESTIMATES   The preparation of the Companys financial statements in conformity with accounting principles generally accepted in the United States 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 amount of revenues and expenses during the reporting period.  Actual results could differ from those estimates.  The Companys periodic filings with the Securities and Exchange Commission include, where applicable, disclosures of estimates, assumptions, uncertainties and markets that could affect the financial statements and future operations of the Company.   CASH AND CASH EQUIVALENTS   Cash and cash equivalents include cash in banks, money market funds, and certificates of term deposits with maturities of less than three months from inception, which are readily convertible to known amounts of cash and which, in the opinion of management, are subject to an insignificant risk of loss in value.  The Company had no cash and cash equivalents as of March 31, 2012 and December 31, 2011, respectively.   NET INCOME OR (LOSS) PER SHARE OF COMMON STOCK   The Company has adopted ASC 260 Earnings per Share, (EPS) which requires presentation of basic and diluted EPS on the face of the income statement for all entities with complex capital structures and requires a reconciliation of the numerator and denominator of the basic EPS computation to the numerator and denominator of the diluted EPS computation.  In the accompanying financial statements, basic earnings (loss) per share is computed by dividing net loss by the weighted average number of shares of common stock outstanding during the period.   The following table sets forth the computation of basic and diluted earnings per share for the three month periods March 31, 2012 and 2011:     <div align="center"> <table width="500" style="MARGIN:auto auto auto 4.65pt; WIDTH:375pt; BORDER-COLLAPSE:collapse" cellpadding="0" cellspacing="0"> <tr style="HEIGHT:25.5pt"> <td width="297" style="BORDER-BOTTOM:#f0f0f0; BORDER-LEFT:#f0f0f0; PADDING-BOTTOM:0in; BACKGROUND-COLOR:transparent; PADDING-LEFT:5.4pt; WIDTH:223pt; PADDING-RIGHT:5.4pt; HEIGHT:25.5pt; BORDER-TOP:#f0f0f0; BORDER-RIGHT:#f0f0f0; PADDING-TOP:0in" valign="bottom">  </td> <td width="101" style="BORDER-BOTTOM:windowtext 1pt solid; BORDER-LEFT:#f0f0f0; PADDING-BOTTOM:0in; BACKGROUND-COLOR:transparent; PADDING-LEFT:5.4pt; WIDTH:76pt; PADDING-RIGHT:5.4pt; HEIGHT:25.5pt; BORDER-TOP:#f0f0f0; BORDER-RIGHT:#f0f0f0; PADDING-TOP:0in" valign="bottom">  For the Three Month Period Ended March 31, 2012 </td> <td width="101" style="BORDER-BOTTOM:windowtext 1pt solid; BORDER-LEFT:#f0f0f0; PADDING-BOTTOM:0in; BACKGROUND-COLOR:transparent; PADDING-LEFT:5.4pt; WIDTH:76pt; PADDING-RIGHT:5.4pt; HEIGHT:25.5pt; BORDER-TOP:#f0f0f0; BORDER-RIGHT:#f0f0f0; PADDING-TOP:0in" valign="bottom"> For the Three Month Period Ended March 31, 2011 </td></tr> <tr style="HEIGHT:12.75pt"> <td width="297" style="BORDER-BOTTOM:#f0f0f0; BORDER-LEFT:#f0f0f0; PADDING-BOTTOM:0in; BACKGROUND-COLOR:transparent; PADDING-LEFT:5.4pt; WIDTH:223pt; PADDING-RIGHT:5.4pt; HEIGHT:12.75pt; BORDER-TOP:#f0f0f0; BORDER-RIGHT:#f0f0f0; PADDING-TOP:0in" valign="bottom">  </td> <td width="101" style="BORDER-BOTTOM:#f0f0f0; BORDER-LEFT:#f0f0f0; PADDING-BOTTOM:0in; BACKGROUND-COLOR:transparent; PADDING-LEFT:5.4pt; WIDTH:76pt; PADDING-RIGHT:5.4pt; HEIGHT:12.75pt; BORDER-TOP:#f0f0f0; BORDER-RIGHT:#f0f0f0; PADDING-TOP:0in" valign="bottom">  </td> <td width="101" style="BORDER-BOTTOM:#f0f0f0; BORDER-LEFT:#f0f0f0; PADDING-BOTTOM:0in; BACKGROUND-COLOR:transparent; PADDING-LEFT:5.4pt; WIDTH:76pt; PADDING-RIGHT:5.4pt; HEIGHT:12.75pt; BORDER-TOP:#f0f0f0; BORDER-RIGHT:#f0f0f0; PADDING-TOP:0in" valign="bottom">  </td></tr> <tr style="HEIGHT:12.75pt"> <td width="297" style="BORDER-BOTTOM:#f0f0f0; BORDER-LEFT:#f0f0f0; PADDING-BOTTOM:0in; BACKGROUND-COLOR:transparent; PADDING-LEFT:5.4pt; WIDTH:223pt; PADDING-RIGHT:5.4pt; HEIGHT:12.75pt; BORDER-TOP:#f0f0f0; BORDER-RIGHT:#f0f0f0; PADDING-TOP:0in" valign="bottom">  Net loss </td> <td width="101" style="BORDER-BOTTOM:#f0f0f0; BORDER-LEFT:#f0f0f0; PADDING-BOTTOM:0in; BACKGROUND-COLOR:transparent; PADDING-LEFT:5.4pt; WIDTH:76pt; PADDING-RIGHT:5.4pt; HEIGHT:12.75pt; BORDER-TOP:#f0f0f0; BORDER-RIGHT:#f0f0f0; PADDING-TOP:0in" valign="bottom">  $          (5,973)</td> <td width="101" style="BORDER-BOTTOM:#f0f0f0; BORDER-LEFT:#f0f0f0; PADDING-BOTTOM:0in; BACKGROUND-COLOR:transparent; PADDING-LEFT:5.4pt; WIDTH:76pt; PADDING-RIGHT:5.4pt; HEIGHT:12.75pt; BORDER-TOP:#f0f0f0; BORDER-RIGHT:#f0f0f0; PADDING-TOP:0in" valign="bottom">  $          (4,797)</td></tr> <tr style="HEIGHT:12.75pt"> <td width="297" style="BORDER-BOTTOM:#f0f0f0; BORDER-LEFT:#f0f0f0; PADDING-BOTTOM:0in; BACKGROUND-COLOR:transparent; PADDING-LEFT:5.4pt; WIDTH:223pt; PADDING-RIGHT:5.4pt; HEIGHT:12.75pt; BORDER-TOP:#f0f0f0; BORDER-RIGHT:#f0f0f0; PADDING-TOP:0in" valign="bottom">  </td> <td width="101" style="BORDER-BOTTOM:#f0f0f0; BORDER-LEFT:#f0f0f0; PADDING-BOTTOM:0in; BACKGROUND-COLOR:transparent; PADDING-LEFT:5.4pt; WIDTH:76pt; PADDING-RIGHT:5.4pt; HEIGHT:12.75pt; BORDER-TOP:#f0f0f0; BORDER-RIGHT:#f0f0f0; PADDING-TOP:0in" valign="bottom">  </td> <td width="101" style="BORDER-BOTTOM:#f0f0f0; BORDER-LEFT:#f0f0f0; PADDING-BOTTOM:0in; BACKGROUND-COLOR:transparent; PADDING-LEFT:5.4pt; WIDTH:76pt; PADDING-RIGHT:5.4pt; HEIGHT:12.75pt; BORDER-TOP:#f0f0f0; BORDER-RIGHT:#f0f0f0; PADDING-TOP:0in" valign="bottom">  </td></tr> <tr style="HEIGHT:12.75pt"> <td width="297" style="BORDER-BOTTOM:#f0f0f0; BORDER-LEFT:#f0f0f0; PADDING-BOTTOM:0in; BACKGROUND-COLOR:transparent; PADDING-LEFT:5.4pt; WIDTH:223pt; PADDING-RIGHT:5.4pt; HEIGHT:12.75pt; BORDER-TOP:#f0f0f0; BORDER-RIGHT:#f0f0f0; PADDING-TOP:0in" valign="bottom">  Weighted average shares outstanding (Basic) </td> <td width="101" style="BORDER-BOTTOM:#f0f0f0; BORDER-LEFT:#f0f0f0; PADDING-BOTTOM:0in; BACKGROUND-COLOR:transparent; PADDING-LEFT:5.4pt; WIDTH:76pt; PADDING-RIGHT:5.4pt; HEIGHT:12.75pt; BORDER-TOP:#f0f0f0; BORDER-RIGHT:#f0f0f0; PADDING-TOP:0in" valign="bottom">      55,500,000 </td> <td width="101" style="BORDER-BOTTOM:#f0f0f0; BORDER-LEFT:#f0f0f0; PADDING-BOTTOM:0in; BACKGROUND-COLOR:transparent; PADDING-LEFT:5.4pt; WIDTH:76pt; PADDING-RIGHT:5.4pt; HEIGHT:12.75pt; BORDER-TOP:#f0f0f0; BORDER-RIGHT:#f0f0f0; PADDING-TOP:0in" valign="bottom">      55,500,000 </td></tr> <tr style="HEIGHT:12.75pt"> <td width="297" style="BORDER-BOTTOM:#f0f0f0; BORDER-LEFT:#f0f0f0; PADDING-BOTTOM:0in; BACKGROUND-COLOR:transparent; PADDING-LEFT:5.4pt; WIDTH:223pt; PADDING-RIGHT:5.4pt; HEIGHT:12.75pt; BORDER-TOP:#f0f0f0; BORDER-RIGHT:#f0f0f0; PADDING-TOP:0in" valign="bottom">  Options </td> <td width="101" style="BORDER-BOTTOM:#f0f0f0; BORDER-LEFT:#f0f0f0; PADDING-BOTTOM:0in; BACKGROUND-COLOR:transparent; PADDING-LEFT:5.4pt; WIDTH:76pt; PADDING-RIGHT:5.4pt; HEIGHT:12.75pt; BORDER-TOP:#f0f0f0; BORDER-RIGHT:#f0f0f0; PADDING-TOP:0in" valign="bottom">                       - </td> <td width="101" style="BORDER-BOTTOM:#f0f0f0; BORDER-LEFT:#f0f0f0; PADDING-BOTTOM:0in; BACKGROUND-COLOR:transparent; PADDING-LEFT:5.4pt; WIDTH:76pt; PADDING-RIGHT:5.4pt; HEIGHT:12.75pt; BORDER-TOP:#f0f0f0; BORDER-RIGHT:#f0f0f0; PADDING-TOP:0in" valign="bottom">                       - </td></tr> <tr style="HEIGHT:12.75pt"> <td width="297" style="BORDER-BOTTOM:#f0f0f0; BORDER-LEFT:#f0f0f0; PADDING-BOTTOM:0in; BACKGROUND-COLOR:transparent; PADDING-LEFT:5.4pt; WIDTH:223pt; PADDING-RIGHT:5.4pt; HEIGHT:12.75pt; BORDER-TOP:#f0f0f0; BORDER-RIGHT:#f0f0f0; PADDING-TOP:0in" valign="bottom">  Warrants </td> <td width="101" style="BORDER-BOTTOM:#f0f0f0; BORDER-LEFT:#f0f0f0; PADDING-BOTTOM:0in; BACKGROUND-COLOR:transparent; PADDING-LEFT:5.4pt; WIDTH:76pt; PADDING-RIGHT:5.4pt; HEIGHT:12.75pt; BORDER-TOP:#f0f0f0; BORDER-RIGHT:#f0f0f0; PADDING-TOP:0in" valign="bottom">                       - </td> <td width="101" style="BORDER-BOTTOM:#f0f0f0; BORDER-LEFT:#f0f0f0; PADDING-BOTTOM:0in; BACKGROUND-COLOR:transparent; PADDING-LEFT:5.4pt; WIDTH:76pt; PADDING-RIGHT:5.4pt; HEIGHT:12.75pt; BORDER-TOP:#f0f0f0; BORDER-RIGHT:#f0f0f0; PADDING-TOP:0in" valign="bottom">                       - </td></tr> <tr style="HEIGHT:12.75pt"> <td width="297" style="BORDER-BOTTOM:#f0f0f0; BORDER-LEFT:#f0f0f0; PADDING-BOTTOM:0in; BACKGROUND-COLOR:transparent; PADDING-LEFT:5.4pt; WIDTH:223pt; PADDING-RIGHT:5.4pt; HEIGHT:12.75pt; BORDER-TOP:#f0f0f0; BORDER-RIGHT:#f0f0f0; PADDING-TOP:0in" valign="bottom">  </td> <td width="101" style="BORDER-BOTTOM:#f0f0f0; BORDER-LEFT:#f0f0f0; PADDING-BOTTOM:0in; BACKGROUND-COLOR:transparent; PADDING-LEFT:5.4pt; WIDTH:76pt; PADDING-RIGHT:5.4pt; HEIGHT:12.75pt; BORDER-TOP:#f0f0f0; BORDER-RIGHT:#f0f0f0; PADDING-TOP:0in" valign="bottom">  </td> <td width="101" style="BORDER-BOTTOM:#f0f0f0; BORDER-LEFT:#f0f0f0; PADDING-BOTTOM:0in; BACKGROUND-COLOR:transparent; PADDING-LEFT:5.4pt; WIDTH:76pt; PADDING-RIGHT:5.4pt; HEIGHT:12.75pt; BORDER-TOP:#f0f0f0; BORDER-RIGHT:#f0f0f0; PADDING-TOP:0in" valign="bottom">  </td></tr> <tr style="HEIGHT:12.75pt"> <td width="297" style="BORDER-BOTTOM:#f0f0f0; BORDER-LEFT:#f0f0f0; PADDING-BOTTOM:0in; BACKGROUND-COLOR:transparent; PADDING-LEFT:5.4pt; WIDTH:223pt; PADDING-RIGHT:5.4pt; HEIGHT:12.75pt; BORDER-TOP:#f0f0f0; BORDER-RIGHT:#f0f0f0; PADDING-TOP:0in" valign="bottom">  Weighted average shares outstanding (Diluted) </td> <td width="101" style="BORDER-BOTTOM:windowtext 1pt solid; BORDER-LEFT:#f0f0f0; PADDING-BOTTOM:0in; BACKGROUND-COLOR:transparent; PADDING-LEFT:5.4pt; WIDTH:76pt; PADDING-RIGHT:5.4pt; HEIGHT:12.75pt; BORDER-TOP:#f0f0f0; BORDER-RIGHT:#f0f0f0; PADDING-TOP:0in" valign="bottom">      55,500,000 </td> <td width="101" style="BORDER-BOTTOM:windowtext 1pt solid; BORDER-LEFT:#f0f0f0; PADDING-BOTTOM:0in; BACKGROUND-COLOR:transparent; PADDING-LEFT:5.4pt; WIDTH:76pt; PADDING-RIGHT:5.4pt; HEIGHT:12.75pt; BORDER-TOP:#f0f0f0; BORDER-RIGHT:#f0f0f0; PADDING-TOP:0in" valign="bottom">      55,500,000 </td></tr> <tr style="HEIGHT:12.75pt"> <td width="297" style="BORDER-BOTTOM:#f0f0f0; BORDER-LEFT:#f0f0f0; PADDING-BOTTOM:0in; BACKGROUND-COLOR:transparent; PADDING-LEFT:5.4pt; WIDTH:223pt; PADDING-RIGHT:5.4pt; HEIGHT:12.75pt; BORDER-TOP:#f0f0f0; BORDER-RIGHT:#f0f0f0; PADDING-TOP:0in" valign="bottom">  </td> <td width="101" style="BORDER-BOTTOM:#f0f0f0; BORDER-LEFT:#f0f0f0; PADDING-BOTTOM:0in; BACKGROUND-COLOR:transparent; PADDING-LEFT:5.4pt; WIDTH:76pt; PADDING-RIGHT:5.4pt; HEIGHT:12.75pt; BORDER-TOP:#f0f0f0; BORDER-RIGHT:#f0f0f0; PADDING-TOP:0in" valign="bottom">  </td> <td width="101" style="BORDER-BOTTOM:#f0f0f0; BORDER-LEFT:#f0f0f0; PADDING-BOTTOM:0in; BACKGROUND-COLOR:transparent; PADDING-LEFT:5.4pt; WIDTH:76pt; PADDING-RIGHT:5.4pt; HEIGHT:12.75pt; BORDER-TOP:#f0f0f0; BORDER-RIGHT:#f0f0f0; PADDING-TOP:0in" valign="bottom">  </td></tr> <tr style="HEIGHT:13.5pt"> <td width="297" style="BORDER-BOTTOM:#f0f0f0; BORDER-LEFT:#f0f0f0; PADDING-BOTTOM:0in; BACKGROUND-COLOR:transparent; PADDING-LEFT:5.4pt; WIDTH:223pt; PADDING-RIGHT:5.4pt; HEIGHT:13.5pt; BORDER-TOP:#f0f0f0; BORDER-RIGHT:#f0f0f0; PADDING-TOP:0in" valign="bottom">  Net loss per common share (Basic and Diluted) </td> <td width="101" style="BORDER-BOTTOM:windowtext 2.25pt double; BORDER-LEFT:#f0f0f0; PADDING-BOTTOM:0in; BACKGROUND-COLOR:transparent; PADDING-LEFT:5.4pt; WIDTH:76pt; PADDING-RIGHT:5.4pt; HEIGHT:13.5pt; BORDER-TOP:#f0f0f0; BORDER-RIGHT:#f0f0f0; PADDING-TOP:0in" valign="bottom">  $           (0.00)</td> <td width="101" style="BORDER-BOTTOM:windowtext 2.25pt double; BORDER-LEFT:#f0f0f0; PADDING-BOTTOM:0in; BACKGROUND-COLOR:transparent; PADDING-LEFT:5.4pt; WIDTH:76pt; PADDING-RIGHT:5.4pt; HEIGHT:13.5pt; BORDER-TOP:#f0f0f0; BORDER-RIGHT:#f0f0f0; PADDING-TOP:0in" valign="bottom">  $           (0.00)</td></tr></table></div>   CONCENTRATIONS OF CREDIT RISK   The Companys financial instruments that are exposed to concentrations of credit risk primarily consist of its cash and cash equivalents and related party payables it will likely incur in the near future.  The Company places its cash and cash equivalents with financial institutions of high credit worthiness.  At times, its cash and cash equivalents with a particular financial institution may exceed any applicable government insurance limits.  The Companys management plans to assess the financial strength and credit worthiness of any parties to which it extends funds, and as such, it believes that any associated credit risk exposures are limited.   RECENTLY ISSUED ACCOUNTING PRONOUNCEMENTS   In June 2009, the FASB established the Accounting Standards Codification (Codification or ASC) as the source of authoritative accounting principles recognized by the FASB to be applied by nongovernmental entities in the preparation of financial statements in accordance with generally accepted accounting principles in the United States (GAAP). Rules and interpretive releases of the Securities and Exchange Commission (SEC) issued under authority of federal securities laws are also sources of GAAP for SEC registrants. Existing GAAP was not intended to be changed as a result of the Codification, and accordingly the change did not impact our financial statements. The ASC does change the way the guidance is organized and presented.   Statement of Financial Accounting Standards (SFAS) No. 165 (ASC Topic 855), Subsequent Events, SFAS No. 166 (ASC Topic 810), Accounting for Transfers of Financial Assets-an Amendment of FASB Statement No. 140, SFAS No. 167 (ASC Topic 810), Amendments to FASB Interpretation No. 46(R), and SFAS No. 168 (ASC Topic 105), The FASB Accounting Standards Codification and the Hierarchy of Generally Accepted Accounting Principles- a replacement of FASB Statement No. 162 were recently issued. SFAS No. 165, 166, 167, and 168 have no current applicability to the Company or their effect on the financial statements would not have been significant.   Accounting Standards Update (ASU) ASU No. 2009-05 (ASC Topic 820), which amends Fair Value Measurements and Disclosures Overall, ASU No. 2009-13 (ASC Topic 605), Multiple Deliverable Revenue Arrangements, ASU No. 2009-14 (ASC Topic 985), Certain Revenue Arrangements that include Software Elements, and various other ASUs No. 2009-2 through ASU No. 2011-12 which contain technical corrections to existing guidance or affect guidance to specialized industries or entities were recently issued. These updates have no current applicability to the Company or their effect on the financial statements would not have been significant.

3)   STOCKHOLDERS EQUITY   CAPITAL CONTRIBUTIONS   During the three month periods ended March 31, 2012 and 2011, the Companys Assistant Secretary contributed $7,975 and $10,157, respectively.  These amounts represent payment on behalf of the Company of operating expenditures. As of March 31, 2012 and December 31, 2011 the Companys Assistant Secretary has contributed $101,786 and $93,811, respectively.  This amount has been included in additional paid-in capital, totaling $58,036 and $50,061 as of March 31, 2012 and December 31, 2011, respectively.

4)   PROVISION FOR INCOME TAXES   The Company recognizes the tax effects of transactions in the year in which such transactions enter into the determination of net income, regardless of when reported for tax purposes. Deferred taxes are provided in the financial statements under ASC 718-740-20 to give effect to the resulting temporary differences which may arise from differences in the basis of fixed assets, depreciation methods, allowances, and start-up costs based on the income taxes expected to be payable in future years.     Minimal development stage deferred tax assets arising as a result of net operating loss carry forwards have been offset completely by a valuation allowance due to the uncertainty of their utilization in future periods.  Operating loss carry forwards totaling $121,591 and $115,618 as of March 31, 2012 and December 31, 2011, respectively, will begin to expire in 2027.  Accordingly, deferred tax assets of approximately $42,557 and $40,466 were offset by a valuation allowance for each respective year.   The Company adopted the provisions of uncertain tax positions as addressed in ASC 740-10-65-1, on April 27, 2007. As a result of the implementation of ASC 740-10-65-1, the Company recognized approximately no increase in the liability for unrecognized tax benefits.   The Company has no tax position as of March 31, 2012 and December 31, 2011 for which the ultimate deductibility is highly certain but for which there is uncertainty about the timing of such deductibility. The Company recognizes interest accrued related to unrecognized tax benefits in interest expense and penalties in operating expenses. No such interest or penalties were recognized during the periods presented. The Company had no accruals for interest and penalties as of March 31, 2012 and December 31, 2011. The Companys utilization of any net operating loss carry forward may be unlikely as a result of its intended development stage activities.

5)   GOING CONCERN AND LIQUIDITY CONSIDERATIONS   The accompanying financial statements have been prepared assuming that the Company will continue as a going concern, which contemplates, among other things, the realization of assets and satisfaction of liabilities in the normal course of business.  As of March 31, 2012, the Company has negative working capital of $8,055 and an accumulated deficit totaling $121,591.  The Company intends to fund operations through equity financing arrangements, which may be insufficient to fund its capital expenditures, working capital and other cash requirements for the next twelve months.   The ability of the Company to emerge from the development stage is dependent upon, among other things, obtaining additional financing to continue operations, successfully implementing its newly adopted business plan and realizing profitability, as well as recurring operating cash flows.  In response to these factors, management intends to raise additional funds through public or private placement offerings, and to expedite to the extent possible the implementation of its newly adopted business plan.   These factors, among others, raise substantial doubt about the Companys ability to continue as a going concern.  The accompanying financial statements do not include any adjustments that might result from the outcome of this uncertainty.

6)   SUBSEQUENT EVENTS   The Company has evaluated its subsequent events from the balance sheet date through the date of this report and determined that there are no additional events to disclose.

0001435039 2012-01-01 2012-03-31 0001435039 2012-03-31 0001435039 2011-12-31 0001435039 2011-01-01 2011-03-31 0001435039 2007-04-27 2012-03-31 iso4217:USD shares iso4217:USD shares EX-101.SCH 5 ifci-20120331.xsd SCHEMA 200000 - Disclosure - Organization, Consolidation and Presentation of Financial Statements link:presentationLink link:definitionLink link:calculationLink 000020 - Statement - Balance Sheets link:presentationLink link:definitionLink link:calculationLink 000040 - Statement - Statements of Cash Flows link:presentationLink link:definitionLink link:calculationLink 500000 - Disclosure - Equity link:presentationLink link:definitionLink link:calculationLink 000010 - Document - Document and Entity Information link:presentationLink link:definitionLink link:calculationLink 000030 - Statement - Statements of Operations link:presentationLink link:definitionLink link:calculationLink 290000 - Disclosure - Accounting Policies link:presentationLink link:definitionLink link:calculationLink 870000 - Disclosure - Subsequent Events link:presentationLink link:definitionLink link:calculationLink 770000 - Disclosure - Income Taxes link:presentationLink link:definitionLink link:calculationLink EX-101.CAL 6 ifci-20120331_cal.xml CALCULATION EX-101.DEF 7 ifci-20120331_def.xml DEFINITION EX-101.LAB 8 ifci-20120331_lab.xml LABEL Net cash provided by investing activities Amendment Flag Mining expense contributed by related party Current Fiscal Year End Date Organization, Consolidation and Presentation of Financial Statements Disclosure [Text Block] Net loss available to common stockholders Income tax (expense) benefit Operating loss before income taxes Total stockholders' deficit Entity Current Reporting Status Stockholders' Equity Note Disclosure [Text Block] Net loss Current liabilities: Entity Central Index Key Net increase in cash Contributed capital Increase (decrease) in accounts payable Adjustments to reconcile net loss to net cash used in operating activities: Document Fiscal Year Focus Organization, Consolidation, Basis of Presentation, Business Description and Accounting Policies [Text Block] Cash at beginning of period Cash at beginning of period Cash at end of period Cash flows from investing activities: LIABILITIES AND STOCKHOLDERS' DEFICIT Organization, Consolidation and Presentation of Financial Statements [Abstract] Entity Filer Category Income Tax Disclosure [Abstract] Basis of Presentation and Significant Accounting Policies [Text Block] Supplemental Disclosures: Additional paid-in capital Total assets Subsequent Events [Text Block] Accounting Policies [Abstract] Net cash provided by financing activities Exploration costs Deficit accumulated during the development stage Entity Common Stock, Shares Outstanding Income Tax Disclosure [Text Block] Cash paid for interest Net cash used in operating activities Document Fiscal Period Focus Stockholders' Equity Note [Abstract] Organization, Consolidation and Presentation of Financial Statements Disclosure and Significant Accounting Policies [Text Block] Basic and diluted loss per common share ASSETS Entity Well-known Seasoned Issuer Cash received from stock subscriptions receivable Revenues: Entity Public Float Document and Entity Information Significant Accounting Policies [Text Block] Selling, general and administrative Document Type Subsequent Events [Abstract] Nature of Operations [Text Block] Cash paid for income taxes Cash flows from financing activities: Total liabilities and stockholders' deficit Stockholders' Deficit ASSETS {1} ASSETS Change in operating liabilities: Cash flows from operating activities: Operating expenses: Common stock, par value $0.001, 450,000,000 shares authorized, 55,500,000 shares issued and outstanding Entity Voluntary Filers Equity [Abstract] Weighted average shares outstanding Accounts payable Entity Registrant Name Revenues {1} Revenues Total current liabilities Document Period End Date EX-101.PRE 9 ifci-20120331_pre.xml PRESENTATION XML 10 report.css IDEA: XBRL DOCUMENT /* Updated 2009-11-04 */ /* v2.2.0.24 */ /* DefRef Styles */ ..report table.authRefData{ background-color: #def; border: 2px solid #2F4497; font-size: 1em; position: absolute; } ..report table.authRefData a { display: block; font-weight: bold; } ..report table.authRefData p { margin-top: 0px; } ..report table.authRefData .hide { background-color: #2F4497; padding: 1px 3px 0px 0px; text-align: right; } ..report table.authRefData .hide a:hover { background-color: #2F4497; } ..report table.authRefData .body { height: 150px; overflow: auto; width: 400px; } ..report table.authRefData table{ font-size: 1em; } /* Report Styles */ ..pl a, .pl a:visited { color: black; text-decoration: none; } /* table */ ..report { background-color: white; border: 2px solid #acf; clear: both; color: black; font: normal 8pt Helvetica, Arial, san-serif; margin-bottom: 2em; } ..report hr { border: 1px solid #acf; } /* Top labels */ ..report th { background-color: #acf; color: black; font-weight: bold; text-align: center; } ..report th.void { background-color: transparent; color: #000000; font: bold 10pt Helvetica, Arial, san-serif; text-align: left; } ..report .pl { text-align: left; vertical-align: top; white-space: normal; width: 200px; word-wrap: break-word; } ..report td.pl a.a { cursor: pointer; display: block; width: 200px; } ..report td.pl div.a { width: 200px; } ..report td.pl a:hover { background-color: #ffc; } /* Header rows... */ ..report tr.rh { background-color: #acf; color: black; font-weight: bold; } /* Calendars... */ ..report .rc { background-color: #f0f0f0; } /* Even rows... */ ..report .re, .report .reu { background-color: #def; } ..report .reu td { border-bottom: 1px solid black; } /* Odd rows... */ ..report .ro, .report .rou { background-color: white; } ..report .rou td { border-bottom: 1px solid black; } ..report .rou table td, .report .reu table td { border-bottom: 0px solid black; } /* styles for footnote marker */ ..report .fn { white-space: nowrap; } /* styles for numeric types */ ..report .num, .report .nump { text-align: right; white-space: nowrap; } ..report .nump { padding-left: 2em; } ..report .nump { padding: 0px 0.4em 0px 2em; } /* styles for text types */ ..report .text { text-align: left; white-space: normal; } ..report .text .big { margin-bottom: 1em; width: 17em; } ..report .text .more { display: none; } ..report .text .note { font-style: italic; font-weight: bold; } ..report .text .small { width: 10em; } ..report sup { font-style: italic; } ..report .outerFootnotes { font-size: 1em; } XML 11 R9.htm IDEA: XBRL DOCUMENT

Subsequent Events	3 Months Ended
Mar. 31, 2012
Subsequent Events [Abstract]
Subsequent Events [Text Block]	6) SUBSEQUENT EVENTS The Company has evaluated its subsequent events from the balance sheet date through the date of this report and determined that there are no additional events to disclose.

Subsequent Events

3 Months Ended

Mar. 31, 2012

Subsequent Events [Abstract]

Subsequent Events [Text Block]

6) SUBSEQUENT EVENTS

The Company has evaluated its subsequent events from the balance sheet date through the date of this report and determined that there are no additional events to disclose.

EXCEL 12 Financial_Report.xls IDEA: XBRL DOCUMENT begin 644 Financial_Report.xls M[[N_34E-12U697)S:6]N.B`Q+C`-"E@M1&]C=6UE;G0M5'EP93H@5V]R:V)O M;VL-"D-O;G1E;G0M5'EP93H@;75L=&EP87)T+W)E;&%T960[(&)O=6YD87)Y M/2(M+2TM/5].97AT4&%R=%]B938V.&5A,%\T-S4Y7S0Y8CA?8C8Y-U\Y93EE M-C9F,31A,C8B#0H-"E1H:7,@9&]C=6UE;G0@:7,@82!3:6YG;&4@1FEL92!7 M96(@4&%G92P@86QS;R!K;F]W;B!A'!L;W)E&UL;G,Z=CTS1")U&UL;G,Z;STS1")U&UL/@T*(#QX.D5X8V5L5V]R:V)O;VL^#0H@(#QX M.D5X8V5L5V]R:W-H965T5]);F9O#I%>&-E;%=O#I7;W)K#I7;W)K#I7;W)K#I%>&-E;%=O#I%>&-E;%=O&5S/"]X.DYA;64^ M#0H@("`@/'@Z5V]R:W-H965T4V]U#I%>&-E;%=O#I3='EL97-H965T M($A2968],T0B5V]R:W-H965T3X-"CPO:'1M M;#X-"@T*+2TM+2TM/5].97AT4&%R=%]B938V.&5A,%\T-S4Y7S0Y8CA?8C8Y M-U\Y93EE-C9F,31A,C8-"D-O;G1E;G0M3&]C871I;VXZ(&9I;&4Z+R\O0SHO M8F4V-CAE83!?-#'0O:'1M;#L@8VAA M'0^249#22!);G1E M"!+97D\+W1D/@T* M("`@("`@("`\=&0@8VQA2!#;VUM;VX@4W1O8VLL(%-H87)E2!6;VQU;G1A3X-"CPO:'1M;#X-"@T*+2TM+2TM/5].97AT4&%R M=%]B938V.&5A,%\T-S4Y7S0Y8CA?8C8Y-U\Y93EE-C9F,31A,C8-"D-O;G1E M;G0M3&]C871I;VXZ(&9I;&4Z+R\O0SHO8F4V-CAE83!?-#'0O:'1M;#L@8VAA6%B;&4\ M+W1D/@T*("`@("`@("`\=&0@8VQA7!E.B!T97AT+VAT;6P[(&-H87)S970] M(G5S+6%S8VEI(@T*#0H\:'1M;#X-"B`@/&AE860^#0H@("`@/$U%5$$@:'1T M<"UE<75I=CTS1$-O;G1E;G0M5'EP92!C;VYT96YT/3-$)W1E>'0O:'1M;#L@ M8VAA'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@ M(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@ M(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\ M+W1R/@T*("`@("`@/'1R(&-L87-S/3-$'!L;W)A=&EO;B!C;W-T'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@ M("`@("`@(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@ M("`@("`@(#QT9"!C;&%S&5S/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$ M;G5M/B@U+#DW,RD\'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\ M+W1R/@T*("`@(#PO=&%B;&4^#0H@(#PO8F]D>3X-"CPO:'1M;#X-"@T*+2TM M+2TM/5].97AT4&%R=%]B938V.&5A,%\T-S4Y7S0Y8CA?8C8Y-U\Y93EE-C9F M,31A,C8-"D-O;G1E;G0M3&]C871I;VXZ(&9I;&4Z+R\O0SHO8F4V-CAE83!? M-#'0O:'1M;#L@8VAA7!E(&-O;G1E;G0],T0G=&5X="]H=&UL.R!C:&%R M'0^/'-P86X^ M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^ M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^ M/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$ M'!E;G-E(&-O;G1R:6)U=&5D M(&)Y(')E;&%T960@<&%R='D\+W1D/@T*("`@("`@("`\=&0@8VQA6%B;&4\+W1D/@T*("`@("`@("`\=&0@8VQA'0O:F%V87-C3X-"B`@("`\=&%B;&4@8VQAF%T:6]N+"!#;VYS;VQI M9&%T:6]N(&%N9"!0'0^/"$M+65G>"TM/CQP('-T>6QE/3-$)TU!4D=)3CHP:6X@ M,&EN(#!P=#L@=&%B+7-T;W!S.BXU:6X@6QE/3-$)TU!4D=)3CHP:6X@ M,&EN(#!P="`P+C5I;CL@=&%B+7-T;W!S.CDN,'!T(')I9VAT(#8N,&EN)SX\ M8CXF;F)S<#L\+V(^/"]P/B`\<"!S='EL93TS1"=-05)'24XZ,&EN(#!I;B`P M<'0@,"XU:6XG/D9O2P@,C`P.2P@=&AE($-O;7!A;GD@8VAA;F=E9"!I=',@;F%M92!T;R!4 M:&4@0V]N;F5C="!#;W)P;W)A=&EO;BX@)FYB2!A8V-E M<'1E9"!I;B!T:&4@56YI=&5D(%-T871E6QE/3-$)TQ)3D4M2$5)1TA4.C$R<'0[($U!4D=)3CHP M:6X@,&EN(#!P="<^)FYB2!T:&%T('-E96MS('1O(&ED96YT:69Y M(&]R9V%N:7IA=&EO;G,@=&AA="!H879E(&%T=&%I;F5D(&-R:71I8V%L(&UA M2!S>7-T96US+B`F;F)S<#M4:&4@0V]M<&%N>2!P M28C,30V.W,@86-T:79I=&EE6QE/3-$)TU!4D=)3CHP:6X@,&EN(#!P="`P+C5I;B<^)FYB6QE/3-$)TU!4D=)3CHP:6X@,&EN(#!P="`P+C5I;B<^5&AE($-O;7!A;GD@ M:7,@8V]N2!$979E;&]P;65N="!3=&%G92!%;G1E2!T;R!R86ES:6YG(&-A<&ET86PL M(&)O'0O:F%V87-C3X- M"B`@("`\=&%B;&4@8VQA'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@ M("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$'0^/"$M+65G>"TM/CQP('-T>6QE/3-$)TU!4D=)3CHP:6X@,&EN M(#!P="`P+C(U:6X[('1A8BUS=&]P6QE M/3-$)TU!4D=)3CHP:6X@,&EN(#!P="`P+C5I;B<^5&AE('!R97!A2!A8V-E<'1E9"!I;B!T:&4@56YI=&5D(%-T871E6QE/3-$)TU!4D=)3CHP:6X@,&EN(#!P="`P+C5I;B<^ M)FYB2!M87)K970@9G5N9',L(&%N9"!C97)T:69I8V%T97,@ M;V8@=&5R;2!D97!O2!H87,@861O<'1E9"!!4T,@,C8P(#QI M/B8C,30W.T5A6QE/3-$)TU!4D=)3CHP:6X@,&EN(#!P="`P M+C5I;B<^5&AE(&9O;&QO=VEN9R!T86)L92!S971S(&9O6QE/3-$)TU!4D=)3CHP:6X@,&EN M(#!P="`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`[('!A9&1I;F6QE/3-$)U1%6%0M24Y$14Y4.C`N M-6EN.R!-05)'24XZ,&EN(#!I;B`P<'0G/CQB/D-/3D-%3E12051)3TY3($]& M($-2141)5"!225-+/"]B/CPO<#X@/'`@6QE/3-$)TU!4D=)3CHP:6X@,&EN M(#!P="`P+C5I;B<^5&AE($-O;7!A;GDF(S$T-CMS(&9I;F%N8VEA;"!I;G-T M'!O6%B;&5S M(&ET('=I;&P@;&EK96QY(&EN8W5R(&EN('1H92!N96%R(&9U='5R92XF;F)S M<#L@5&AE($-O;7!A;GD@<&QA8V5S(&ET2!T:&4@1D%30B!T;R!B92!A<'!L:65D(&)Y(&YO;F=O=F5R M;FUE;G1A;"!E;G1I=&EE&-H86YG92!# M;VUM:7-S:6]N("@F(S$T-SM314,F(S$T.#LI(&ES2!T:&4@8VAA M;F=E(&1I9"!N;W0@:6UP86-T(&]U6QE/3-$)TU!4D=) M3CHP:6X@,&EN(#!P="<^/&(^)FYB2!O9B!'96YE6QE M/3-$)TU!4D=)3CHP:6X@,&EN(#!P="`P+C5I;B<^)FYB&ES=&EN9R!G=6ED86YC92!O2!T;R!T:&4@0V]M<&%N>2!O'0^/"$M M+65G>"TM/CQP('-T>6QE/3-$)TU!4D=)3CHP:6X@,&EN(#!P=#L@=&%B+7-T M;W!S.BXU:6X@6QE/3-$)TU!4D=)3CHP:6X@,&EN(#!P="`P+C5I;CL@ M=&%B+7-T;W!S.CDN,'!T(')I9VAT(#8N,&EN)SX\8CXF;F)S<#L\+V(^/"]P M/B`\<"!S='EL93TS1"=-05)'24XZ,&EN(#!I;B`P<'0@,"XU:6XG/D9O2P@,C`P.2P@=&AE M($-O;7!A;GD@8VAA;F=E9"!I=',@;F%M92!T;R!4:&4@0V]N;F5C="!#;W)P M;W)A=&EO;BX@)FYB2!A8V-E<'1E9"!I;B!T:&4@56YI M=&5D(%-T871E6QE M/3-$)TQ)3D4M2$5)1TA4.C$R<'0[($U!4D=)3CHP:6X@,&EN(#!P="<^)FYB M2!T:&%T('-E96MS('1O(&ED96YT:69Y(&]R9V%N:7IA=&EO;G,@ M=&AA="!H879E(&%T=&%I;F5D(&-R:71I8V%L(&UA2!S>7-T96US+B`F;F)S<#M4:&4@0V]M<&%N>2!P28C,30V.W,@86-T:79I=&EE6QE/3-$)TU!4D=)3CHP M:6X@,&EN(#!P="`P+C5I;B<^)FYB6QE/3-$)TU!4D=)3CHP M:6X@,&EN(#!P="`P+C5I;B<^5&AE($-O;7!A;GD@:7,@8V]N2!$ M979E;&]P;65N="!3=&%G92!%;G1E2!T;R!R86ES:6YG(&-A<&ET86PL(&)O2!H M87,@;F5G871I=F4@=V]R:VEN9R!C87!I=&%L(&]F("0X+#`U-2!A;F0@86X@ M86-C=6UU;&%T960@9&5F:6-I="!T;W1A;&EN9R`D,3(Q+#4Y,2XF;F)S<#L@ M5&AE($-O;7!A;GD@:6YT96YD'0@='=E;'9E(&UO;G1H2!O M9B!T:&4@0V]M<&%N>2!T;R!E;65R9V4@9G)O;2!T:&4@9&5V96QO<&UE;G0@ M2!I;7!L96UE;G1I;F<@:71S(&YE=VQY M(&%D;W!T960@8G5S:6YE'!E9&ET92!T;R!T:&4@97AT96YT('!O6QE/3-$)TU!4D=)3CHP:6X@ M,&EN(#!P="`P+C5I;B<^5&AE28C,30V M.W,@86)I;&ET>2!T;R!C;VYT:6YU92!A2X\+W`^/'-P M86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@(#PO=&%B;&4^#0H@ M(#PO8F]D>3X-"CPO:'1M;#X-"@T*+2TM+2TM/5].97AT4&%R=%]B938V.&5A M,%\T-S4Y7S0Y8CA?8C8Y-U\Y93EE-C9F,31A,C8-"D-O;G1E;G0M3&]C871I M;VXZ(&9I;&4Z+R\O0SHO8F4V-CAE83!?-#'0O:'1M;#L@8VAA3QB'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\ M+W1R/@T*("`@("`@/'1R(&-L87-S/3-$2!.;W1E M($1I'0@0FQO8VM=/"]T9#X-"B`@("`@("`@/'1D(&-L M87-S/3-$=&5X=#X\(2TM96=X+2T^/'`@6QE/3-$)TU!4D=)3CHP:6X@ M,&EN(#!P="`P+C5I;B<^)FYB6QE/3-$)TQ)3D4M2$5)1TA4.C$R<'0[($U!4D=)3CHP M:6X@,&EN(#!P="<^)FYB6UE;G0@;VX@8F5H86QF(&]F('1H92!#;VUP86YY M(&]F(&]P97)A=&EN9R!E>'!E;F1I='5R97,N($%S(&]F($UA28C,30V.W,@ M07-S:7-T86YT(%-E8W)E=&%R>2!H87,@8V]N=')I8G5T960@)#$P,2PW.#8@ M86YD("0Y,RPX,3$L(')E2XF;F)S<#L@5&AI7!E.B!T97AT+VAT;6P[(&-H87)S970](G5S+6%S8VEI(@T*#0H\:'1M M;#X-"B`@/&AE860^#0H@("`@/$U%5$$@:'1T<"UE<75I=CTS1$-O;G1E;G0M M5'EP92!C;VYT96YT/3-$)W1E>'0O:'1M;#L@8VAA'0^/'-P86X^/"]S<&%N/CPO=&0^ M#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$'0@0FQO8VM=/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$ M=&5X=#X\(2TM96=X+2T^/'`@2!R96-O9VYI>F5S('1H92!T87@@969F96-T M"!P=7)P;W-E65A6QE/3-$)TU!4D=)3CHP M:6X@,&EN(#!P="`P+C5I;B<^36EN:6UA;"!D979E;&]P;65N="!S=&%G92!D M969E2!B>2!A('9A;'5A=&EO;B!A;&QO=V%N8V4@9'5E('1O M/&(^(#PO8CYT:&4@=6YC97)T86EN='D@;V8@=&AE:7(@=71I;&EZ871I;VX@ M:6X@9G5T=7)E('!E2P@=VEL;"!B96=I;B!T;R!E>'!I"!A2`D-#(L-34W(&%N9"`D-#`L-#8V('=E2!A9&]P=&5D('1H92!P2!R96-O9VYI M>F5D(&%P<')O>&EM871E;'D@;F\@:6YC2!F;W(@=6YR96-O9VYI>F5D('1A>"!B96YE9FET6QE M/3-$)TU!4D=)3CHP:6X@,&EN(#!P="`P+C5I;B<^)FYB2!I2!R96-O9VYI>F5S(&EN=&5R97-T M(&%C8W)U960@2!H860@;F\@86-C28C,30V.W,@=71I;&EZ871I;VX@;V8@86YY M(&YE="!O<&5R871I;F<@;&]S2!F;W)W87)D(&UA>2!B92!U;FQI M:V5L>2!A3X-"CPO:'1M;#X-"@T* M+2TM+2TM/5].97AT4&%R=%]B938V.&5A,%\T-S4Y7S0Y8CA?8C8Y-U\Y93EE M-C9F,31A,C8-"D-O;G1E;G0M3&]C871I;VXZ(&9I;&4Z+R\O0SHO8F4V-CAE M83!?-#'0O:'1M;#L@8VAA7!E(&-O;G1E;G0],T0G=&5X="]H=&UL.R!C M:&%R'0^ M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L M87-S/3-$6QE/3-$)U1%6%0M24Y$14Y4 M.C`N-6EN.R!-05)'24XZ,&EN(#!I;B`P<'0G/B9N8G-P.SPO<#X@/'`@2!H M87,@979A;'5A=&5D(&ET3X-"CPO:'1M M;#X-"@T*+2TM+2TM/5].97AT4&%R=%]B938V.&5A,%\T-S4Y7S0Y8CA?8C8Y M-U\Y93EE-C9F,31A,C8-"D-O;G1E;G0M3&]C871I;VXZ(&9I;&4Z+R\O0SHO M8F4V-CAE83!?-#'0O:'1M;#L@8VAA M&UL;G,Z;STS1")U'1087)T I7V)E-C8X96$P7S0W-3E?-#EB.%]B-CDW7SEE.64V-F8Q-&$R-BTM#0H` ` end XML 13 R8.htm IDEA: XBRL DOCUMENT

Income Taxes	3 Months Ended
Mar. 31, 2012
Income Tax Disclosure [Abstract]
Income Tax Disclosure [Text Block]	4) PROVISION FOR INCOME TAXES The Company recognizes the tax effects of transactions in the year in which such transactions enter into the determination of net income, regardless of when reported for tax purposes. Deferred taxes are provided in the financial statements under ASC 718-740-20 to give effect to the resulting temporary differences which may arise from differences in the basis of fixed assets, depreciation methods, allowances, and start-up costs based on the income taxes expected to be payable in future years. Minimal development stage deferred tax assets arising as a result of net operating loss carry forwards have been offset completely by a valuation allowance due to the uncertainty of their utilization in future periods. Operating loss carry forwards totaling $121,591 and $115,618 as of March 31, 2012 and December 31, 2011, respectively, will begin to expire in 2027. Accordingly, deferred tax assets of approximately $42,557 and $40,466 were offset by a valuation allowance for each respective year. The Company adopted the provisions of uncertain tax positions as addressed in ASC 740-10-65-1, on April 27, 2007. As a result of the implementation of ASC 740-10-65-1, the Company recognized approximately no increase in the liability for unrecognized tax benefits. The Company has no tax position as of March 31, 2012 and December 31, 2011 for which the ultimate deductibility is highly certain but for which there is uncertainty about the timing of such deductibility. The Company recognizes interest accrued related to unrecognized tax benefits in interest expense and penalties in operating expenses. No such interest or penalties were recognized during the periods presented. The Company had no accruals for interest and penalties as of March 31, 2012 and December 31, 2011. The Company’s utilization of any net operating loss carry forward may be unlikely as a result of its intended development stage activities.

Income Taxes

3 Months Ended

Mar. 31, 2012

Income Tax Disclosure [Abstract]

Income Tax Disclosure [Text Block]

4) PROVISION FOR INCOME TAXES

The Company recognizes the tax effects of transactions in the year in which such transactions enter into the determination of net income, regardless of when reported for tax purposes. Deferred taxes are provided in the financial statements under ASC 718-740-20 to give effect to the resulting temporary differences which may arise from differences in the basis of fixed assets, depreciation methods, allowances, and start-up costs based on the income taxes expected to be payable in future years.

- Definition

The entire disclosure for income taxes. Disclosures may include net deferred tax liability or asset recognized in an enterprise's statement of financial position, net change during the year in the total valuation allowance, approximate tax effect of each type of temporary difference and carryforward that gives rise to a significant portion of deferred tax liabilities and deferred tax assets, utilization of a tax carryback, and tax uncertainties information.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 740

-SubTopic 10

-Section 50

-Paragraph 2

-URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32537-109319

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 109

-Paragraph 136, 172

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 109

-Paragraph 43, 44, 45, 46, 47, 48, 49

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 08

-Paragraph h

-Article 4

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 740

-SubTopic 10

-Section 50

-Paragraph 3

-URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32559-109319

Reference 6: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 740

-SubTopic 10

-Section 50

-Paragraph 9

-URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32639-109319

Reference 7: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 740

-SubTopic 10

-Section 50

-Paragraph 15

-URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32718-109319

Reference 8: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 235

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.4-08.(h))

-URI http://asc.fasb.org/extlink&oid=6881521&loc=d3e23780-122690

+ Details

XML 14 R2.htm IDEA: XBRL DOCUMENT

Balance Sheets (USD $)	Mar. 31, 2012	Dec. 31, 2011
ASSETS
Accounts payable	$ 8,055	$ 10,057
Total current liabilities	8,055	10,057
Common stock, par value $0.001, 450,000,000 shares authorized, 55,500,000 shares issued and outstanding	$ 55,500	$ 55,500
Additional paid-in capital	58,036	50,061
Deficit accumulated during the development stage	(121,591)	(115,618)
Total stockholders' deficit	$ (8,055)	$ (10,057)

- Definition

Total of all stockholders' equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which are attributable to the parent. The amount of the economic entity's stockholders' equity attributable to the parent excludes the amount of stockholders' equity which is allocable to that ownership interest in subsidiary equity which is not attributable to the parent (noncontrolling interest, minority interest). This excludes temporary equity and is sometimes called permanent equity.

+ References+ Details

XML 15 R6.htm IDEA: XBRL DOCUMENT

Accounting Policies

3 Months Ended

Mar. 31, 2012

Accounting Policies [Abstract]

Significant Accounting Policies [Text Block]

2) SIGNIFICANT ACCOUNTING POLICIES

USE OF ESTIMATES

CASH AND CASH EQUIVALENTS

NET INCOME OR (LOSS) PER SHARE OF COMMON STOCK

The following table sets forth the computation of basic and diluted earnings per share for the three month periods March 31, 2012 and 2011:

	For the Three Month Period Ended March 31, 2012	For the Three Month Period Ended March 31, 2011

Net loss	$ (5,973)	$ (4,797)

Weighted average shares outstanding (Basic)	55,500,000	55,500,000
Options	-	-
Warrants	-	-

Weighted average shares outstanding (Diluted)	55,500,000	55,500,000

Net loss per common share (Basic and Diluted)	$ (0.00)	$ (0.00)

CONCENTRATIONS OF CREDIT RISK

RECENTLY ISSUED ACCOUNTING PRONOUNCEMENTS

SFAS No. 167 (ASC Topic 810), “Amendments to FASB Interpretation No. 46(R),” and SFAS No. 168 (ASC Topic 105), “The FASB Accounting Standards Codification and the Hierarchy of Generally Accepted Accounting Principles- a replacement of FASB Statement No. 162” were recently issued. SFAS No. 165, 166, 167, and 168 have no current applicability to the Company or their effect on the financial statements would not have been significant.

Nature of Operations [Text Block]

1) ORGANIZATION

DEVELOPMENT STAGE COMPANY

Basis of Presentation and Significant Accounting Policies [Text Block]

5) GOING CONCERN AND LIQUIDITY CONSIDERATIONS

- Definition

The entire disclosure for all significant accounting policies of the reporting entity.

+ References+ Details

XML 16 Show.js IDEA: XBRL DOCUMENT /** * Rivet Software Inc. * * @copyright Copyright (c) 2006-2011 Rivet Software, Inc. All rights reserved. * Version 2.1.0.1 * */ var moreDialog = null; var Show = { Default:'raw', more:function( obj ){ var bClosed = false; if( moreDialog != null ) { try { bClosed = moreDialog.closed; } catch(e) { //Per article at http://support.microsoft.com/kb/244375 there is a problem with the WebBrowser control // that somtimes causes it to throw when checking the closed property on a child window that has been //closed. So if the exception occurs we assume the window is closed and move on from there. bClosed = true; } if( !bClosed ){ moreDialog.close(); } } obj = obj.parentNode.getElementsByTagName( 'pre' )[0]; var hasHtmlTag = false; var objHtml = ''; var raw = ''; //Check for raw HTML var nodes = obj.getElementsByTagName( '*' ); if( nodes.length ){ objHtml = obj.innerHTML; }else{ if( obj.innerText ){ raw = obj.innerText; }else{ raw = obj.textContent; } var matches = raw.match( /<\/?[a-zA-Z]{1}\w*[^>]*>/g ); if( matches && matches.length ){ objHtml = raw; //If there is an html node it will be 1st or 2nd, // but we can check a little further. var n = Math.min( 5, matches.length ); for( var i = 0; i < n; i++ ){ var el = matches[ i ].toString().toLowerCase(); if( el.indexOf( '= 0 ){ hasHtmlTag = true; break; } } } } if( objHtml.length ){ var html = ''; if( hasHtmlTag ){ html = objHtml; }else{ html = ''+ "\n"+''+ "\n"+' Report Preview Details'+ "\n"+' '+ "\n"+''+ "\n"+''+ objHtml + "\n"+''+ "\n"+''; } moreDialog = window.open("","More","width=700,height=650,status=0,resizable=yes,menubar=no,toolbar=no,scrollbars=yes"); moreDialog.document.write( html ); moreDialog.document.close(); if( !hasHtmlTag ){ moreDialog.document.body.style.margin = '0.5em'; } } else { //default view logic var lines = raw.split( "\n" ); var longest = 0; if( lines.length > 0 ){ for( var p = 0; p < lines.length; p++ ){ longest = Math.max( longest, lines[p].length ); } } //Decide on the default view this.Default = longest < 120 ? 'raw' : 'formatted'; //Build formatted view var text = raw.split( "\n\n" ) >= raw.split( "\r\n\r\n" ) ? raw.split( "\n\n" ) : raw.split( "\r\n\r\n" ) ; var formatted = ''; if( text.length > 0 ){ if( text.length == 1 ){ text = raw.split( "\n" ) >= raw.split( "\r\n" ) ? raw.split( "\n" ) : raw.split( "\r\n" ) ; formatted = "

"+ text.join( "

\n" ) +"

"; }else{ for( var p = 0; p < text.length; p++ ){ formatted += "

" + text[p] + "

\n"; } } }else{ formatted = '

' + raw + '

'; } html = ''+ "\n"+''+ "\n"+' Report Preview Details'+ "\n"+' '+ "\n"+''+ "\n"+''+ "\n"+' '+ "\n"+' '+ "\n"+' '+ "\n"+' '+ "\n"+' '+ "\n"+' '+ "\n"+' '+ "\n"+' '+ "\n"+' '+ "\n"+' '+ "\n"+'

'+ "\n"+' formatted: '+ ( this.Default == 'raw' ? 'as Filed' : 'with Text Wrapped' ) +''+ "\n"+'

'+ "\n"+' '+ "\n"+'

'+ "\n"+'

'+raw+'

'+ "\n"+'

'+ "\n"+''+ "\n"+''; moreDialog = window.open("","More","width=700,height=650,status=0,resizable=yes,menubar=no,toolbar=no,scrollbars=yes"); moreDialog.document.write(html); moreDialog.document.close(); this.toggle( moreDialog ); } moreDialog.document.title = 'Report Preview Details'; }, toggle:function( win, domLink ){ var domId = this.Default; var doc = win.document; var domEl = doc.getElementById( domId ); domEl.style.display = 'block'; this.Default = domId == 'raw' ? 'formatted' : 'raw'; if( domLink ){ domLink.innerHTML = this.Default == 'raw' ? 'with Text Wrapped' : 'as Filed'; } var domElOpposite = doc.getElementById( this.Default ); domElOpposite.style.display = 'none'; }, LastAR : null, showAR : function ( link, id, win ){ if( Show.LastAR ){ Show.hideAR(); } var ref = link; do { ref = ref.nextSibling; } while (ref && ref.nodeName != 'TABLE'); if (!ref || ref.nodeName != 'TABLE') { var tmp = win ? win.document.getElementById(id) : document.getElementById(id); if( tmp ){ ref = tmp.cloneNode(true); ref.id = ''; link.parentNode.appendChild(ref); } } if( ref ){ ref.style.display = 'block'; Show.LastAR = ref; } }, toggleNext : function( link ){ var ref = link; do{ ref = ref.nextSibling; }while( ref.nodeName != 'DIV' ); if( ref.style && ref.style.display && ref.style.display == 'none' ){ ref.style.display = 'block'; if( link.textContent ){ link.textContent = link.textContent.replace( '+', '-' ); }else{ link.innerText = link.innerText.replace( '+', '-' ); } }else{ ref.style.display = 'none'; if( link.textContent ){ link.textContent = link.textContent.replace( '-', '+' ); }else{ link.innerText = link.innerText.replace( '-', '+' ); } } }, hideAR : function(){ Show.LastAR.style.display = 'none'; } } XML 17 R7.htm IDEA: XBRL DOCUMENT

Equity	3 Months Ended
Mar. 31, 2012
Stockholders' Equity Note [Abstract]
Stockholders' Equity Note Disclosure [Text Block]	3) STOCKHOLDERS’ EQUITY CAPITAL CONTRIBUTIONS During the three month periods ended March 31, 2012 and 2011, the Company’s Assistant Secretary contributed $7,975 and $10,157, respectively. These amounts represent payment on behalf of the Company of operating expenditures. As of March 31, 2012 and December 31, 2011 the Company’s Assistant Secretary has contributed $101,786 and $93,811, respectively. This amount has been included in additional paid-in capital, totaling $58,036 and $50,061 as of March 31, 2012 and December 31, 2011, respectively.

Equity

3 Months Ended

Mar. 31, 2012

Stockholders' Equity Note [Abstract]

Stockholders' Equity Note Disclosure [Text Block]

3) STOCKHOLDERS’ EQUITY

CAPITAL CONTRIBUTIONS

- Definition

The entire disclosure for shareholders' equity, comprised of portions attributable to the parent entity and noncontrolling interest, if any, including other comprehensive income (as applicable). Including, but not limited to: (1) balances of common stock, preferred stock, additional paid-in capital, other capital and retained earnings; (2) accumulated balance for each classification of other comprehensive income and total amount of comprehensive income; (3) amount and nature of changes in separate accounts, including the number of shares authorized and outstanding, number of shares issued upon exercise and conversion, and for other comprehensive income, the adjustments for reclassifications to net income; (4) rights and privileges of each class of stock authorized; (5) basis of treasury stock, if other than cost, and amounts paid and accounting treatment for treasury stock purchased significantly in excess of market; (6) dividends paid or payable per share and in the aggregate for each class of stock for each period presented; (7) dividend restrictions and accumulated preferred dividends in arrears (in aggregate and per share amount); (8) retained earnings appropriations or restrictions, such as dividend restrictions; (9) impact of change in accounting principle, initial adoption of new accounting principle and correction of an error in previously issued financial statements; (10) shares held in trust for Employee Stock Ownership Plan (ESOP); (11) deferred compensation related to issuance of capital stock; (12) note received for issuance of stock; (13) unamortized discount on shares; (14) description, terms, and number of warrants or rights outstanding; (15) shares under subscription and subscription receivables, effective date of new retained earnings after quasi-reorganization and deficit eliminated by quasi-reorganization and, for a period of at least ten years after the effective date, the point in time from which the new retained dates; and (16) retroactive effective of subsequent change in capital structure.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 04

-Article 3

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 02

-Paragraph 29, 30, 31

-Article 5

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 310

-SubTopic 10

-Section S99

-Paragraph 2

-Subparagraph (SAB TOPIC 4.E)

-URI http://asc.fasb.org/extlink&oid=6228006&loc=d3e74512-122707

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 505

-SubTopic 10

-Section 50

-Paragraph 4

-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21484-112644

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 505

-SubTopic 10

-Section S99

-Paragraph 4

-Subparagraph (SAB TOPIC 4.C)

-URI http://asc.fasb.org/extlink&oid=6959260&loc=d3e187143-122770

Reference 6: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 129

-Paragraph 2, 3, 4, 5, 6, 7, 8

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 7: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Glossary Preferred Stock

-URI http://asc.fasb.org/extlink&oid=6521494

Reference 8: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 5

-Paragraph 15

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 9: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 08

-Article 4

Reference 10: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 505

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.3-04)

-URI http://asc.fasb.org/extlink&oid=6959260&loc=d3e187085-122770

Reference 11: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Staff Accounting Bulletin (SAB)

-Number Topic 4

-Section C

Reference 12: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 505

-SubTopic 10

-Section 50

-Paragraph 5

-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21488-112644

Reference 13: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.5-02.29-31)

-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 14: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Article 4

-Section 08

-Paragraph d

Reference 15: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Staff Accounting Bulletin (SAB)

-Number Topic 4

-Section E

Reference 16: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 505

-SubTopic 30

-Section 50

-Paragraph 2

-URI http://asc.fasb.org/extlink&oid=6405834&loc=d3e23285-112656

Reference 17: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 505

-SubTopic 10

-Section 50

-Paragraph 3

-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21475-112644

Reference 18: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 235

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.4-08.(d),(e))

-URI http://asc.fasb.org/extlink&oid=6881521&loc=d3e23780-122690

Reference 19: http://www.xbrl.org/2003/role/presentationRef

-Publisher AICPA

-Name Accounting Research Bulletin (ARB)

-Number 43

-Chapter 1

-Section B

-Paragraph 7, 11A

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 20: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 505

-SubTopic 10

-Section 50

-Paragraph 2

-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21463-112644

Reference 21: http://www.xbrl.org/2003/role/presentationRef

-Publisher AICPA

-Name Accounting Principles Board Opinion (APB)

-Number 12

-Paragraph 10

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 22: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 505

-SubTopic 10

-Section 50

-Paragraph 6

-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21506-112644

Reference 23: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 505

-SubTopic 10

-Section 50

-Paragraph 11

-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21564-112644

+ Details

XML 18 R3.htm IDEA: XBRL DOCUMENT

Statements of Operations (USD $)	3 Months Ended		59 Months Ended
Statements of Operations (USD $)	Mar. 31, 2012	Mar. 31, 2011	Mar. 31, 2012
Revenues {1}
Exploration costs			$ 2,500
Selling, general and administrative	5,973	4,797	119,091
Operating loss before income taxes	(5,973)	(4,797)	(121,591)
Net loss available to common stockholders	(5,973)	(4,797)	(121,591)
Basic and diluted loss per common share	$ 0.00	$ 0.00
Weighted average shares outstanding	55,500,000	55,500,000

- Definition

The capitalized costs incurred during the period (excluded from amortization) in identifying areas that may warrant examination and in examining specific areas that are considered to have prospects of containing oil and gas reserves, including costs of drilling exploratory wells and exploratory-type stratigraphic test wells. Exploration costs may be incurred both before acquiring the related property (sometimes referred to in part as prospecting costs) and after acquiring the property. Principal types of exploration costs, which include depreciation and applicable operating costs of support equipment and facilities and other costs of exploration activities, are: costs of topographical, geographical and geophysical studies, rights of access to properties to conduct those studies, and salaries and other expenses of geologists, geophysical crews, and others conducting those studies. Collectively, these are sometimes referred to as geological and geophysical or "G&G" costs. Exploration costs also include costs of carrying and retaining undeveloped properties, such as delay rentals, ad valorem taxes on properties, legal costs for title defense, the maintenance of land and lease records, dry hole contributions and bottom hole contributions, costs of drilling and equipping exploratory wells and costs of drilling exploratory-type stratigraphic test wells.

+ References+ Details

- Definition

The aggregate total costs related to selling a firm's product and services, as well as all other general and administrative expenses. Direct selling expenses (for example, credit, warranty, and advertising) are expenses that can be directly linked to the sale of specific products. Indirect selling expenses are expenses that cannot be directly linked to the sale of specific products, for example telephone expenses, Internet, and postal charges. General and administrative expenses include salaries of non-sales personnel, rent, utilities, communication, etc.

+ References+ Details

- Definition

Number of [basic] shares or units, after adjustment for contingently issuable shares or units and other shares or units not deemed outstanding, determined by relating the portion of time within a reporting period that common shares or units have been outstanding to the total time in that period.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 260

-SubTopic 10

-Section 50

-Paragraph 1

-Subparagraph (a)

-URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 260

-SubTopic 10

-Section 45

-Paragraph 10

-URI http://asc.fasb.org/extlink&oid=6920599&loc=d3e1448-109256

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 128

-Paragraph 171

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Glossary Weighted-Average Number of Common Shares Outstanding

-URI http://asc.fasb.org/extlink&oid=6528421

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 128

-Paragraph 40

-Subparagraph a

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 6: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 128

-Paragraph 8

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 7: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Emerging Issues Task Force (EITF)

-Number 07-4

-Paragraph 4

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

XML 19 R1.htm IDEA: XBRL DOCUMENT

Document and Entity Information	3 Months Ended
Document and Entity Information	Mar. 31, 2012
Document and Entity Information
Entity Registrant Name	IFCI International Corp.
Document Type	10-Q
Document Period End Date	Mar. 31, 2012
Amendment Flag	false
Entity Central Index Key	0001435039
Current Fiscal Year End Date	--12-31
Entity Common Stock, Shares Outstanding	55,500,000
Entity Filer Category	Smaller Reporting Company
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Well-known Seasoned Issuer	No
Document Fiscal Year Focus	2012
Document Fiscal Period Focus	Q1

XML 20 R4.htm IDEA: XBRL DOCUMENT

Statements of Cash Flows (USD $)	3 Months Ended		59 Months Ended
Statements of Cash Flows (USD $)	Mar. 31, 2012	Mar. 31, 2011	Mar. 31, 2012
Cash flows from operating activities:
Net loss	$ (5,973)	$ (4,797)	$ (121,591)
Mining expense contributed by related party			2,500
Increase (decrease) in accounts payable	(2,002)	(5,360)	8,055
Net cash used in operating activities	(7,975)	(10,157)	(111,036)
Cash received from stock subscriptions receivable			9,250
Contributed capital	7,975	10,157	101,786
Net cash provided by financing activities	$ 7,975	$ 10,157	$ 111,036

- Definition

The net cash from (used in) all of the entity's operating activities, including those of discontinued operations, of the reporting entity. Operating activities generally involve producing and delivering goods and providing services. Operating activity cash flows include transactions, adjustments, and changes in value that are not defined as investing or financing activities. While for technical reasons this element has no balance attribute, the default assumption is a debit balance consistent with its label.

+ References+ Details

- Definition

The cash inflow associated with the amount received by a corporation from a shareholder during the period.

+ References+ Details

- Definition

The cash inflow from the additional capital contribution to the entity.

+ References+ Details

XML 21 R5.htm IDEA: XBRL DOCUMENT

Organization, Consolidation and Presentation of Financial Statements

3 Months Ended

Mar. 31, 2012

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Nature of Operations [Text Block]

1) ORGANIZATION

DEVELOPMENT STAGE COMPANY

ZIP 22 0001056520-12-000228-xbrl.zip IDEA: XBRL DOCUMENT begin 644 0001056520-12-000228-xbrl.zip M4$L#!!0````(`/ESLD!AYKUHHAL```^F```1`!P`:69C:2TR,#$R,#,S,2YX M;6Q55`D``Y:5MD^6E;9/=7@+``$$)0X```0Y`0``[%UM<]I(MOY\M^K^A][: MJ7%2!5C"QMC.9+8(X(0[-GB`S$SNEUN-U$#?"$FCEHS97[_GG-8K%@;'=N+, MLEN;Q:C[]'D_IUOBT4__O%TX[$8$2GKNVP.S9APPX5J>+=W9VP.IO.KI:>.L M:A[\\^?__MM/?Z]6V77@V9$E;#99L6[G?6NH(AD*IKQIN.2!J+"6?<-='-#V M%GX4BH#U7->[X2&LH"KPAU6KP#5_%%?'LP#T/__/`0OZXI8=5FWLTA7#C$*57#K!Z9!_'PJ732X:[G"AQ2 M-X[2`>G%Y7)9(WI>,(-!QM&A=%6(C">D;I4LC%X>)6/-PS^N+D?67"QX]'^N(!&/2_?D)ASA6I;"BFC/1P/@_$%)QL:LEJ M8J;:K;(/XLOARA=O#Y1<^`X(=4ATP.KG'<^*%L(-QW"=69X;BMMPB)0^F?5? MS8.?3:/ZZT^'ZR/O3+\6@?3LKFMW>%A*!WFJ&D>@GR*UPL24;`LNV7CYPN&S M,G)3[BBA*17&IA2Z;BC#U5#,I`H#[H9]OBCEJW?1[D$8062Y%%3<@7`*_)JF M749E;8DVK!QPI^?:XO87L2I;PP`O/SYJ&$=G>:IK$U.R[2@(4!JI+.Y\$CRX M1ZO5*F@U4>FFB>L,>XN%YXY"S_H\FD.248,H1&?'+,4B5^H%]*6#PJ)=6I39 MPI(+T/_;@U[_XN#G1J-AX'\*LMVSQAH[%](101O8G'E!J?9&L!8,84/A>T&( M3&(NY.XJOV"!RKK`6B_I_%'(PTB5+?5)J((4I1/7J/_F.9$;\D"S4$JV[^6I MKDU8(_>[<)Q?7&_IC@17D'/MGE(12+^5[(:)=R(UU#5?\8DC,L_\..KLXI:G1J/QT^$&:E^\ MTMUU3,-H-'=;Z%+RB71D*(6*7>N14MTE^)CUMLJV9;E2"WOK*3+W=.,ADG.RSU+*P].6,MVY:Z[%QS:??<-O=E"#7HH7[1.#6. M3G)>6$[VT4N7+`S-B?FPA3OB1CB>CRD`U#,37:R^?B"5Z(BIM&0(,10M(@?B:(I4)9#9.S--G$X@\>.XY-E2H[I^P*5D] M7.?%7'67XF,6+--(,5EM6:][ZSM>0"U?VU.ANF>UCM$TCNO-_TOV/FL+UPL) M8)UN44BHT:#Y]\(5T/FU7+ME+Z1+O64H;P3,%:ZZSQ4^E0?_6?,H)_A.BSPU M7V8)7\?-L^:WY6N+Z4SSS,AGA2]@<>`+O.C.8"ON+<2EI^YSI7+[58L&+"'Y MJ"7+3%,MVN9IE]RB]3O)>-OJ?1%F5UHW7#K86HV]7+&-`_T=5])ZK/X?N-RS ML;J#W5X&JP^U]]?ANB.="(K=P[W!J.43^H,7?$9V2SWB*=G]7>`QHK!;-Q"1 M,]&/%A,1#*9W]O!K'E%V6+"A5*6'!5^TY/,Q6Z;:IV0V,\I%X"W:L+9T(Q@9 MYS[/5>_$U`L$'44)%<:U)OE33]?_COFM4-U;*$I>`(OQ8-4+Q4+U/1=%"CRJ M8*_%^)3ZTB+P8?5X'GB6$G;(1R$E$Z^,7K>E4 M.A(V74^VP=AQN763!X+C5E#_?\_=_+MCW]&7OCFJC5\W^N?&])E]#\_?,-"/JFJT//5>:T!W^E' M2DYJ<%W/22A-\(/Y^D>^\-^X$^6_>9I/;#!\W^KW_KT+[Q@(0)GQ3[C75G&%6O9$F^-=ET1S%;T MF$%\4EQA&QY#B*^S5^%<,.+Q'^9Q\TU\`SSYXO3-:[8$^A+Z53U'V`QFM?Q` M.JS>K.`S04VXS)`,W9)BWI3UQ0VW>8UELO=<-K!"#_:T>DJ%)L2K,6O.W1E0 MEJ%B+CY.$7JL%\`Z'P2WV95T];WYE.M:SK1`^4),@@AZ:R)]MIWTF*Z[KK#" M`M4*S8&?/V&I$._'XZT]?/+'3N2W\-X"B#_BZC,//=2^_FC- MQ9*[K,W=-;7@,EQW:B@B;/%9D#Z,X'N.M#`S`,F"2)X+VX\%2I*;"Q:!Z/8= M&#_3I\S@('!=^&'&X4?(,?`7&8KHML"1I,4KM'18+O24[J:SE>`!$S!,*@9] MIL`#"G9DUNYUYLM>OUO]T.V]_S`^-^N8"NZZ=RYHBK'R!!$"6A?9?1.@@C?$ MK%B1X9R'J+<%!V]>@6PS/LMTQ:T_(ZFDCJ(<$:TK.[O'A7J$_9L7!98`PI02XK-"`T,"!_-.P:V"&7?EO^+$3(/F_`:X#$,N M7>#:"H!5M-."*QP`'.%Q'%EY0<8"CGBZB]-20-((89L*SKR4X9S!)A0V"U+- M@9YP(#P@!J6%K"V@.EE:AUIZ1]Z(8,742N&&=D/HH#:P!BEV@_>I&;=M?"(1 MW'.*\0CR@8J4*!/.`LLI.7/E%-8EI0EWC@TE:76J:QE(NQ2.4YT(C`"0V8MF MOW,<+4L<67A^,.(W0$0EB0&O+L4D#G`57]3B%J3U MF`WZK&P*'IX5>++71`B7.7)!<8@&!CU@-,>NA3>%H+0S+RW"66@&'-P1Y`2F MA;Z/:>F6[?X0W!XM3Q9V:='K='_K7@ZNK[K],1N-6^^[K#VXNF[U/SU9#7S. M^CI>BUNP`CAQH`TV$4F"N!O#4"EM<&U7)Y'6J,W.S$:NNB(S$E=H%7-^]@#: M9,5R=\^9OH&?W7%7VM0R%9QJ=*X:;JA;$`FP0-X%@7D/73!+?R!;XF&Q7U78 MQ`L";XE?32,7<@DR"QE'+'SB%OT7'_LD7M&3?8=#]-B5I!J!)VM,/DL?.N[^,:[V^AV(X?.X\[VW=B<+ M?1QUV>""=4?CWE5K_`A!GR%!87CXT&'QH)#_2YN>I,(H;);0P[$-3IHOS+Y4 M,A_7@068R*%20]%V(=(ICB"H%ORSP&(,H8FC*.J4BC#JT@+)J;CIPD#I`ZCR M!9WYH5@P7H1ZJI,]7*>+-_1SCJ<@['"@1>?;,UQYTQR]BATW]\7ZF]-.6J>* M[.CVZ$:X4;R^T.?EBCW2F#8];)1;DHQ`#WWF-PBPW8V`4=!RY(28S2,'=0#J M"]@T\*"/GGLJI^[:]G2J%X%F`KLI[`O(%6@+)*#+RU3=O=7[#R2RD`I_O8%[ M*2>RH6-8SJ&F,.[[D,WPC+:2LPS9,&6IDC=_A470!@78]J7K0`K_C*;3K1-) MF/./C=::1B%Y0;;C+P;$5VHLOC33M%NC#ZS5[S#ZT/WU8^^WUB40>51N?9[. M"`]D=,>-'S#JH2..P M@&+N>PKK+_GA`DNJ]D$8`.F(_,*E/8%`PN%<:<^'M86O&\_E7%ISVM(&L,?% M?@`2PPTNAK1N8TK M?0O_0K#Y>IO@;''X+_73KU9Z^]TQZ_6AU88*/&2O+@>CT6MVW1VRT8?6D*HR M7+L:]*$G'[1_^>(HN=-Z%%F9@H+L^R,.T(&[0/#S3\%,@4V'A$XXC9I MSV%\$%DA50M]$C1*]%6_U%S,U?.ZP+XR,O,A7M+$JJ4R5F120F>H5YX3592M$S];0OHQ\N MTD\<;=ACT,^,7$B7E$,F*UIJ&3]7P[A^L`;%P/@'GHF03F5TBPK6Q[V$E_O1 M4J[%2!J+%]'#3CW'T?NRD&XC4]^&6[SD]".S7JD?BKSK:X6BR^'<7)6(959E MB11SY_E+J:X;"8%;0!Q!F8E)60*WTME$&J15N)1V.(^'-0Q#?RCC@T=8O])_ MCFLG#4R)O_M0]M\!>W% MU5\9N2O*Y]:=*\2M9CW?10NR!6_:Q9(E;,Z[O!>#RX.O_' MU,#_IB)<=B_&V9?7K4X'-K')8`,KT[M6^Y?W0]C>=E#>P?`%K.OB:?9:;BQKJO8F_PY,_C!#F]L,K3\& MFFD[ENKK.\5#^Z\G",ROI_CML;C7^U[ON^I]GY]>K+WZR19V M'S#?Q@`_/.I9L_LOOVI4SII'K_>F_0N:]KC2/&N6FW:?;E^L2^Q#<:_W_WB] M[_/3B[77[^MW,)+[%KG[%*_H9\&O]QWCMXJI^_N&1J/2,(R*81A["WV?%MKG MQV]UQAL_!F$:N_]X8!`_)[>/M9<8:]_/)U;=N]#>A9[%A?;UY#NJ)[_S`"&: M]P5EGPWV!67O0B_2A?8%Y>6ZWC[D]WK_3]?[/C^]6'OM=,`<8WH^\1'SBWVL M\86;[!N=-^_-M3]\WN?.?8^QU_M>[P_/3T=_P5\H::%>JK72)TE]>L^7_I$C M_=I//S"@?Q+]W)U=O58''3';BR:.>!E!]J*M]JAG%'=N.EXANO_3/H>ZM_GW M:_-<#MQZ5^VO-E9O*\-`C+HMV'.D+`]1X1Q,.QV>F,V[(V^'.+@P>P_ M"*&`:-X!&D)DNB#2Z"P:X@<2M;CU/:61Q_`G_?1FSQ2JQ0J$+6/LC`S(B_#* M%.'N(";(/2@9!!I`+^YB$&+A"OY=H=T53(3H=QSFR,\"2$K7BH($X<-%($@- M';,)H,-WN$54[EN>,`V*XLLP2H6;R]D\D7")/VV7KE`%=)Y6R$*Y0'B<'1;B M)**T(@>Y+UN5+?@*](W8R`R%R)!YV,R[$8&K87`G1`@ MC8`/$6N)@%F*\#R0YV9A+,:ZZ`3KA,KEA"^)5#0`!8R"G"L0H"V'%,,54Q$! MLX1L(API;D3B5RB<4IXER?1Y+R)WTX@2@4AP"K]S5)1A%Q/$Y2?6&XT^=CL% M,+;AH`^?V]VK1\$&/4.VZ+GL?R)7Y!!M+UJC=P6$3OPR!R0XPK,Z'M@(86EK MB"`"^$T\$<%]L^^3;T_?,"_(012V1NWLTFMT(EPF!C=%!XS"N1?(D%Y;M@'] M#-%'9J[\EX;F2'G7X(D45?J*Z[E98/$`KY6 MSFN<,FIL&#DQUHK4D(R"M``Y%%^ZD*)G[0`"EEMEU"UH7.++ M=?%E33;T[(FV"59X*FR4BZF,O,.7.E*YH[S82L0&LDZ0'D`=^$O>,JUJP`U\ M1D70$`1W=KV0Y*%?.6LC):C)7(/)('):!@V6.5&<:$C_0-+1QHZEM:6M24,^ MM&!Z%)1:L$99$V%Z;`]XCR<3=`O7]&:1U-:5*D&*I0QM)X`[VS+4\Z2C[3$\ M2O%\0'<7J>RE,9MW"(B6O$?TO1HS3QKL%2II[/FP;SMM-%Y7RH!%1]%$0>G# M-;LWJ%X2@2[EP(T8+A'3/2G0-8URNCF>T:O&V)5/$3>X*!D!"%:YR])7I],` MC/Y,&;3NL5'.V6-5G@G6W$VPA%&JI\1I+XEMG7F0VO')J^'K)^FN%:2XG*4KM,45Z7PI6[L/F.F6E[81@4="/]IZE2`\A/&+**SQ2^&3MHHA)-<)6!22:.H M01=D$&,UI^!89:E^2;B&F%(R&-LE'G_`S7^4K[<=\E,.?I%4L M^%6C&.UU=-X8H6]!?=X%!YW1RY_9%=0>Z-@R5,=.#D4R7J$!V]G!#;E,I;B2 M>91?Z80<]@K2/;H/ZVB8;VJ!AQK"D[7P6;A9`M-5I'6$H\SV"&QT_(9[Y4V6?[&"D==T;MRY9>]`?#WOO/M+YR([\?J/7-G0R MN+TR&#I1!KB4@-%M1."'ID3B>\1^:%;.F@VB\X-I5,Q& M+FW)FNO[,#_O22UW1I`&38J+E/#NJG-[%/LW+";UV#-^,E"B-Q(F:H*P1O"Y^ MFXS/I5V%KU+0^-"#_T,Y?VB<5HRC>,F&43%.S*=`9KWO3>P;DD?):RK'_/:; M9)GC\BQS/1S\UAM!B+*+P3`!<1VW_GAY^.F)2Z>[?'U$$/+;N#[I?3#N$'A< M7^.--KU!!C[KDHR'4\5A!,V%6U$O?K\"@AM+-ST`0&Q/#96*OC&#OLJ)C\66 M<_#/%'>'BIEP+C4>,'-_DH`&8 M\P-B/A"L4^GCCEO:@>.6JH(0SP%V'OJ@4H1SC\[Y$`846Y.X60+6@[`:^?3^ M$Q6_O"1N%V*06:T!3$%6F.[WXW-?Y"'&!$=;%5[K\E+JVU7\AI2[;]^PP#_4:+M8,,]*0L'],M4HL'8#%PG27UZUGWY$VG0"H&WPWQ-'R";_!!@.IX MAY88@=D1]HAIJ.W'%2^O_\&][&8YUZR; ME<:9&=I&O9EGKY4=`E5*+8%GASX$ MW2U!VH,6?SBN5QJ-IF;TV*@?^BSY,ZLL@ M"="A55FE;E13M:GMQIBTIXF40+,!J>(8MG^_3BE=O!0>1W%>^P[X@@=F&TUZ>,C4#J/I(@PK*6P'+C;`5 M@G"RPA!]E;ORW=6N+1A&J6:B!AA3")[(.9;&;AZN<;Z)T$=C'3;#TK&!]&"_ MKETA7-"BHQ!R<$DUAIC.%.$K(2NYTLN4)U?T!N%L)Y/[FF>N7*"MG*)MW9W^ M),1P2K=9.Z*59G;_56NN@^1I)KH]KH]N/UXAVD90_==+HNSX?`'Y8N_$$(QDQ4+CPSM":'6,_I.C93(>';-N M35(BXT+8/RLH.F@)P<(++PQDR!.IC2%,/!':0;#:)?VVS#X*&M680VXBW'"8 M?@S`CWQT.!F=*0+](JU6P?>:35AV+&1P(4PG![U,L]\.M1CV?079X3$GWD-" M\?1,L^5"$K6;)%^-:M:=-^!]1X4\1,!=1AM3%Q3*O+%AP3TE MQS@%X6.B,?F,`<_>S>!?K\B&$O&2T%$$X65@G3#7[,_QE%2^C*<+0\G2?"SV M\:1>T_CY2AT#8\!9G$UB0YU41X,'_@W2%32$T*3O"">LT=,T0@=(2V&K"79] M^,0+;P>7#A&\#^0[:JP1_BAB'>Q!'*_Q+W#`%6\EO6']!*CB$$515:6PQ"4_2>!9LE;JX4V3:=Z0BL-GG5+%E@B.'"-Q!7\\LC6(@"YDYH54?-::OM&^QN'5WO9K,_2@52 M9UR# MK*FZ#][WS[\,D$#T_/L.AW-V/23T7)E&S)FK,$\K"\O'"_8#9LVCX92R6G4; M0P!*(*%+9&M9]Q(E%2[AW^'B&"68'$K@,9",4"7'N,CC0,>%7"ZNKZ2N4P!2 M$U&"PV14*`$T'X0$>?VEGP]"H2I.D%'FYA;VPKNCVSR_._&\Y7+95/%-KF,]O^MW6MV?06O?@1I=QQF-(`,05YB1#3]W M:9C-N&W['`_D296.-%C/$J-5AZN9L1FIVBOT["P+J4+O3Y1-X8=_4$L#!!0` M```(`/ESLD!T''F9;0(``)(-```5`!P`:69C:2TR,#$R,#,S,5]C86PN>&UL M550)``.6E;9/EI6V3W5X"P`!!"4.```$.0$``+V6VX[:,!"&KUEIW\&E%[02 M)@2T$J"E*PILA40%@E;J716<"5AU;-9V./3I:P?"H/IT?_?X#F,TE,*/"/AH MLD;=SI?62$54`U(BT$M/0A&U_(7';4);A/-(@T0]SL7"T\9!%QCXBE`ID*NFOF9UO.&XRR7R])J(EE) MR*EC%E:=)#%_?Y?+Q=>/8PV\CY>I=^J/[@;";_RJ:OE+.#:AJ9VW12"@8C")!]?Q_USF_8 ML;,.]>7/CB!1"%PG[Q;WNUQ3O>[Q0,@P[DT>Q;MHZ/4^=@.I["VV=\[Y7\WTL\=L M4\8S`*VNA7Y.9RNY7)!+4-`%QPS)M7VU.R9 MB64JH/9B-^*T-\P`4X8KIQ[;5WGUL9:2?98G7THE9MJ\%B$B,N'>1 MSE%XHG@38">NKU+;3B1W>!/Y`U!+`P04````"`#Y<[)`\`L``00E M#@``!#D!``"]EU]OVC`4Q9];J=_!8P]L4DT(J%)!916C=*K4B:ILTMXFD]P0 M:X[-;(<_^_2S`Z&A0-=1AQ?`SO4YOQS'%^7J>IXP-`6IJ."=JE^K5Q'P0(24 MCSM5J@2^O+QH8;]Z_>GL].H=QNA!BC`-($2C!>K??.D^JI1J0$I$>D8DG*-N M."7<%O1$,DDU2'3'N9@2;1S4N1D$M7-S;;*0=!QK]*'W$37J]4OW'B"A`AI"K3B76>M+VO-EL5IN/)*L).?;,PJ:7%U;.3D].LN+V7-&- M!;-F7NY[/[[>#X,8$H(I5]JB+ASV&_4FTV_4&-5_O/VMY:L`O!;K9:772U6&[E0K\N+ZA?> M\N*S:OH"SCI4LY$GRYTD,I""P2-$:/7S^^/=MA_EV@MIXJUJ/,)8!66P;;V8 M0*>B:#)AD,_%$J*]'#FX3?["9O[>JGEO9HH-B`S2$6`S"]R>&H>,N]3?SKS6 MPB%$)&7:(?&VME->D1#J,N`M:0>TF1!.(!F!=(FZH5O@S"&?$VZT#R]CHZ'\ M>2."U-RTSK^[/.QS3?7BCD=")EFG^SR]&6Z8 MPEP##R',;2V_DUO+W+T=]@1IL^[L,8:J+!AJ\& MT(\(RMZX; M!"(U;9B/'PQ40,'!?NS0/$;(.VS+3*[_V[Q*+=Z>UDKG&`FMK,I,Q;PPB@2^ MD;F+!ZDH=HQ\BGYEAC1,1PI^I^9P]Z=N6N"6XC'BVC)]*;/5?/[^:V;^`E!+ M`P04````"`#Y<[)`%'1E26`L``00E#@``!#D!``#576UOXS82_MP"_0^\ M[>'2`G$<[]X>NGN[+9S8Z1E-DR!.VSL4AX*6:(>WLN224EYZN/]^)"79LBR* MM$C)S(?-VC(Y,QP^&G+(&?+#=T_+`#P@0G$4?CP:G)P>`11ZD8_#Q< M-]^\?=<;''WW[1>??_A3KP=N2.0G'O+![!F,1]\/;VF"8P1H-(\?(4''8.@_ MP)`7.(^6JR1&!$S",'J`,>-`C]D7[^28_;9Z)GAQ'X.OSK\&KT]/O^F]/AT, M0*_'^00X_/2>_YE!B@"3,*0?7]W'\>I]O__X^'CR-"/!2406?5;Q33\O^.J+ MSS_[3!1^_T3Q5H7'-WGQ0?^?/UY.O7NTA#T]<7OQ9+,W)^O"Y>I/ZVG_Y8*HUKQ%DKE77D9Q](%*!;-`>"Y_OX>84^ MOJ)XN0K0J^S9/4'S:G(!(7U>OQ^B!8R1S[7XCFMQ\#>NQ2^SQY=PAH)7@)?\ MZ78BE>S=%JVT4K\K&6\0P9$_#IL)6ZK=L=33&)+80.Y"_9T:MYCP498"DXXIQQY19I' M`3>5$3DJ:N*H:$?FD,X$S83V%A"NN'T;]%$0T_R)L/N]TT%F&[_,'O]VA>)S M2._9`:V8?^AN!RTT<$@]$Q$_3;<,G>*?8OO@C@H@20W=\; MXTS*R@1&:X*`4W0%*]*FYE!0J+4["\5`Z"'DTPLF]WD4Q@3/$C')Y0^&38R[FE%HJ@@(]98,7F`\^NP*VA MELIVJ5%OMF64SA-"^+N!J0>#?R%(V-1QQ-A7V"=I42-3I1+`!&,9;9`2!YPZ M8.0!I^\*J'1T4#1G>KW0G66[)@L8XC^$%\S03*,`^^++,/1O6-\S6<77Z_D% M#IFSAV'`9ODQXA:9CE@K@H@F!-VQ*><9$_.3Q`1:9V-L*]MJN`G@BS+QA9." M5``RX!?E`M$1UZB1-0B]:HLN( MTN$#Q*R1`;J+SJ/E,@JG,1/M/@I8'](S2+$G>0_WI6+#76HBMJG/Q#J-`IBS M`W'$9BB<(:`%CJZ]$@UU5>$X->_C[@"=RG@'G\;I'/(,A6B.8PEP9:6-`:H0 MPP2(*6D0PR?P5391_AK,4OJN84^AAC+&M+JCPUG,"A'(%P4VP)=-1"I*FL\E MY.R-I@,YV=2&7NVRU:182# MET\5D[*M418W\KAU!#&!3DH?Y,[WF@-(6;B"'%U5%)UO_4XYI/&YBF*D[UGK MUV_!5"E$-8'A=-=VI3P!9_I2O-R]5:8V=UK=V_4TG@_?^8(H#A/V5F7C._.X MS\2\91+&B&$LSB:,^=>T^GHZB>CX*2:0=1-SQLGSA/GA](JIF:^S1D$@I@MI M1YYH*QB^;6A@;&QC!ALM[UUX+M0;*H-7MCY9GXHPO@<$D]-'3#ZCLLE.*0-!&C#:KJ!%V?B*:7:=XKLS-R*&1$2G,3M)$*1HA-+_)>:F MIH*QN5$+8SKRXHPN^R`"AUP!D+X&RN9&MS\.'`V"_'.XPC$,)+!25&HG]F-' M**/1K!#CX:5D74.7GA*T(CHD7=.I8[6%]DDX]+PH"6-Z`Y_YCH[<^U'4L^&B MZ(EFN'N26K*O_(S-U]RHP8P36*6L7(.@MFXJ?(%]^JT[(`[]_R0T%OOA=]$M MXCK``=K:9;R+JD(UUTO\FU!-Q52_%5;&<&]3`491G1NY^`XWR24#8;X#SIZ& M>01QPD3B+U"TWE7:1`\[YY6TJ?+RB]<^Z-KRA$:1ERRWHLDNV).J[0A922-O M2,'>!-HYZ:W8/T'=%:1J**#H$VEU@`-A?SPDA%[/BY%19PG%(:)TA*A'\"J+ MGR M@EQ8IS=2.ND=[=A!^XCM=D&D9NG#SB*'%7^3SUI@#&9H@4.1;<#@O1(K`77H M;%O<52G5\:5)GB>7ULB-F('0DOA0*TAU:T4'#-#5S%=3.$$-"'68U6AU?X3C M;1Y$CQ3P/JY,;'3.-6FNJN89CG;<"BM[=FQ0VXU)T-_!JZ]N3R\G=9#P%PZL1F-Y=G__PC^O+T?AVFD6LC,87D_/)G6L0WE=+-3N`>_2G M`]Z-3LZ'`LMV:!\V?QC]K4A49\V8ACJD*3ZJ[ND.8Q7++GS^@1W5FA#J^6WP1Y..DPM2%:K0$P68,`=S0OF:8\#K5FN5E7SA((] M!#3*)2CP*=AK]]86]E'(3J;`WEW690B!C_DK`X,;B/U)6!\J)2MM82._5@RS MO?B<-%@QVCT1?N=DC)1"";N[XQJ=T2&2*$5Q'G2E7L M#EM:W=*AA=F9R*F"UN05S&V/4ABC0:MJ8N^L#ZO6Q8Z=TNR9@V\29LM[S8\Z MK2+0UJ9@C;"FV0L[1YW.XXP"8E->//TA9P9\P0W$]PCX&Y:` M%LLO@6V,M)RVNCF$;7H/&?RNDYC?HL!OX9!NJ-56LI'0JB&4C>S6 M]`@^P><8I)Q`@94KF-U/,169K]K===#M.97#7%NEC0TZJVZS9(?.8==91R,: MFW0'=Z#%5!9B_R(BV6(A_H-/9].C)R1@4U2RDWFM%,HXF)&O_8)Y1`#.*+L& M,CT]5.9@:_;.P9WIBK2L_9SI*@)M.=,UPEIQINNR_ES#YOXJTG2DE1W:38)> M>HJ!7HI>L:S%)+T*$6RFZ:7D74_4JU""/%5/VA&'/B)0M8-?7ZFEPP"M[MK7 MGP#H[D*UGFKT3OH[](*UI>/S3<.T.A?#E?LE.@T'LWW_Q$L/)#M4'[9TAX7S M`6OZ-Q>,<,"/Z)'/Z_>DT^$]%R713<,W/?&6^2G1]-0/-MM=7W?!UY]<>ZT: MZZKY31>5_=QUU)(JCF"[D*6X):OQ`M/I^&[J&IRJVUD=LW2(I)E?4!#\$$:/ MX11!&H7,(:4T0:34<^KR%A;Z%:)86./G''J?.`N0\P`I$U=@HZV-W85]K9XY MS#F$7!)^%_?UO&#\)(9&7<_J:82UHAFON!+D(?S`4"8RR,6-%X`FL_4A'#0K MX>)9<=I:JCNQ4*,'NX/D+7I`82)=<%W_;`RP,B,3'.6TG$L'*#>R#(-J=;8[ MFMTD,^8M7`01+,]CJLM8&+4J6%H8J5*J0)!UI>-KV[P['DGUK`,!//=$-[\^ M?9-U\AP'Z\5/YBNF/";A/"++U-NLGK]J5VL,A7T%L[*DS=VJ#"H%5JX@95^5 MY.!IUED=KG6;K!)VM;;7W8K<2UX],UOS0GC";>X.8?.O92S@\X&7=CV)O,= M(UNSKRQ^MK*57&1D9:CE!%W!AZRA53O$NRH]7/J;,J%;4MQZ\IO=Q.V=W#=W M=WT5>E`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````(`/ESLD#F'1M8^PD``.F*```5`!P` M:69C:2TR,#$R,#,S,5]P&UL550)``.6E;9/EI6V3W5X"P`!!"4.```$ M.0$``.U=W6_C-A)_W@+]'WSI@Z_`.HZ3VUX2;*YPO@JCN22(T_;N:4%+(X=7 MFG1)RDGZUQ\IR8ELBY)L?:O[LME(P^',_&;(X9!B/O_X,B.=!7"!&3WK#O8/ MNAV@%K,QG9YUL6"]X^-/)[U!]\=_??O-Y[_U>IU[SFS7`KLS>>U<7?XT?!`N MEM`1S)'/B,/'SM!>(*H)+MAL[DK@G1&E;(&DZD%\5+]8^Q_5N_DKQ],GV?G[ MQ?>=PX.#X][AP6#0Z?5T/P33WT_U/Q,DH*,DI.)L[TG*^6F___S\O/\RX62? M\6E?-3SJ+PGWOOWFPP>/^/1%X)4&ST=+\D'_/_^^&5M/,$,]3(74HOH-!3X5 MWO,;9GG"INBR8Z30O_669#W]J#2M&\HHJ,:#PX.CHT&( M1G/94OV-)H$!!B^_W*-&L>(\V94!>0''TG."#R` MT]$_?WD812OQU/BU/Y.H>S M/8%GQ8 M:Y"+NF;M;? M5L2P8,RZ53XR5'5UA#I!H\D;"85(]&I>3 MU>A(5(2;*AN%A5-B`1.FK;%\P?_F9#HLP;:/16%': M@$=I2VY?AWMW0K!U31A:KT5&TS3,_A%*&NS^MO[^W-]0[D8]V+F/ MGP"DV+5NOLJDR`+Y:D]9'-%!8N)A[(K>%*&Y[XU`I%@^67?+X/&7H1"J$>&)$265N/K#5:-P0CRG;EY[ MH-(;HJ"J>RX8!HZ6'K7U!DW":4/9@HKT&08TRV)JV2ONT2N:D/52L8FJ]AAL MJ%50:3[/D$@="O4W?Y1R!17D=T=@ZZFDR9/']M-%Y@+\[LB$]@ON$;_CNB@* M]J^(N*#6NMX6@@&B-"UKCU4J]0LJW&>826P;^]+<(VR/Z`6:8ZE%BYY1#-2U M!\>H9D$5^]T!N80%$#;7M0WE05.XHFK]-.=8P"4XV,)239+NS"7:N2Y=CNET MO84!NQP8UQ[F/(Q7U`9"GE->ZJFN_I!%*5?4/D%QR]D=E['UAR=9\:2MA+Q+ MJ-Z\JN-5W#EW<^#^6?9=:ZD&;D4650U=5N/8#VK\HRXDU5H>9O@$XQ"A;NZJJ$I$P?\"X8,*X MU;!!U@`8-E6K73UT#$3QG/X$5'D,4=/AT)YAZGTD(/$"`O\QY6;I&C<`J;1F MJ%W5]"W21]1B,[AAPA1`490-0"92P=K54'WA'M%+X"GGRI$<;)I;3-0-@,.H M:.V*JK<@WUUFN$"8Z/K[(PO5M(*L_QP);!F@VI9+`R#" MG1G<)9]6P?MFG-I5<'\#_>DVV,.%&ORG<.O.)L#OG(TC^W&1NQV/!@"[I5$2 MJL!%EC`ND'BZ)NPYEPK&.[.R"ACO/58VO&D1[CE;8*7&^>LO`NP1?9/>L2Z5G%QP:@2SU42OM>2SL%A'$:Z^`U"!MG'\E>_^5MN M`N+J1:FC7!Y3Q%]'"EEQR]1;*A7@Q$LF_89"F2@V2:M(I(J'H]T]<#-7K`K4 MVE6@AO;_7"&],>:1/8`2W,($5J9K-4OG$OB%=-4*GRP&A-H5U93T%H#]%G@< M3UPOXO2#H>-@@M5\9RH5I&W="H](;:K:U>Z4RW)`>A_8_SFB0\OB+MCA#:[X M@6(K%JV`>SNCU:[>%RE^BG.3R>W:BV[-SU^FUSQSFM\.D+7!N!\3;&*RHNSDR?-FC1?>NJUA?,QK@C6G0"CCC#%+451[9X(L! MJCV0Q-[GL>6M!7,/WK%$7%9Z=T$">%\&[8%/Z6("\-.N`%Y1NU+XQNY\3KS- M^57_H.D!4RJIJT`/YV1#*Y187W*4QUA^YKQ(%G#?VKU_:W5N+G1W*@5 M@"89Q@!EA46FT-:Y%CSI,&I`U0JP-E0WH'-:D;X]RX5W5 M%PE9A'_W"?UE)IY2[&`+41GLXJGXOU?\+!7]C\KESHFY:E:Z&!6/F[GZX\H' M&*7C6;N36SF9H"27;8=+9A@)"O#>.GOG+9)Z#@U]=VTJ4&X2ML-#8CT@RCP) M&!:7#&YZ;_8,+X)G.6E;1,>57AT7$B3I?*RY054UE2RY3C,RE&245NHG?_%D MX6O^6Z1WU26IK7`#[&M2^S6IK>\H^C6IS3NIK=$(H[]0%7=.V!CGKL`4A+@$ M87$\#\R5X[272Y_MF./R,7_M/H>)4"MK$I6)95V'H3RC+^QOV>Q?V9+,@E;WZZ]TJCBN(ZV?OSUHZM*URY1 MB!8X_1HC??N*L4OGCLE8[I+#%S>"AC;;LP^C86;EC*7A'BL^J!%:'R9^MVML M4?5ID_1Q&]NDXE!-@4GD@9-ZA>;8G0CXPU5F=XS)XH_^9(`'JR?\!4$L#!!0` M```(`/ESLD#V;V%#100``*D7```1`!P`:69C:2TR,#$R,#,S,2YXE?8_>'G)K-00`M.= M@J`CMI<14F>HVEEIWRJ3.&"ML5/;`;J_?H^=*Y`@NIV51MOR@NUS_\[)B7.& MGS9+AE9$*BKXR/';'0<1'HB0\OG(H4JX9V>G?==W/IW__-/P%]=%MU*$24!" M-'M"5Y>?QW#$L'0[/<.`M99T!BY="[F\)!%.F!XY"7], M,*,1)2'$SLB2<+W%4"%K+.=$?\5+HF(6\@YL'1\[\\O M-_Y::L^YQ6D0RU3W/D&=8D4(S4.D!?LJ5-LFJ\H=Z M&^Z,^=1+B3EKHMPYQG'!&V$UL[P9H9H:R.F[(88JT+8*S!;V<4QY).SFW=!X M/LC=OR,1LF$/]%-,1BU%ES$CK>QL(4DT:M$HH&X.^4,L21O\REFD8"#6&+8A M>R"B(-76HYO2<*X"RV!/RUY:0(F(B=24J`+[EO=]0@I)]-R00(1R^J,&Q/#L MN0&!"&$_8BP!9L^-!42"A/W'Y69T?(,8D%G\<3B*)5]]0"7M3:-+K!:7#.QK@!=3SX$^(==P$L5ILJ-$F2UO'KHRVYQ]0CW MU:>ZAI51F@`_K>T\J=`;OB)(3-WE_]#CK[@&9"9PQ9-+ZT4%\V.X#Q6^;_.0 M25>7IMFGJE!%UZM/3[6U3.$&D7Z,U;>>"OU0"GJ'>T^IY=6#7_:+<1"(!*J3 MSV_A?A+`-:ZN#]5P-=Z&^G4]J52`<@UO22@`ND]FBCPF$./5JNGNNL?3E("S MCW4)*,51*O\&?P'/A`=B2;[A37WQ5\E-H'^L!3V51%;T_X/WT*O,26"S-409 MPG>JD!JE\[(;$5C*@7F/V;GYT,Z-"!_&]N=:!B9'W7`="+3WS M>>UQ>%5+&ACS?6/>_^TH\[OR+_%`\*\O=4)P]U\[4AFG&0=.FTS7SM^.L68% M:R=R'F%:Y2=N.:-K2!QDASQ.RJ&TA/?D!&XNALM!>`8G.-"Y'NA03D39 MPZ&KZCB3<9""Q@_$Q)Q^EB*)`Q0` M```(`/ESLD!AYKUHHAL```^F```1`!@```````$```"D@0````!I9F-I+3(P M,3(P,S,Q+GAM;%54!0`#EI6V3W5X"P`!!"4.```$.0$``%!+`0(>`Q0````( M`/ESLD!T''F9;0(``)(-```5`!@```````$```"D@>T;``!I9F-I+3(P,3(P M,S,Q7V-A;"YX;6Q55`4``Y:5MD]U>`L``00E#@``!#D!``!02P$"'@,4```` M"`#Y<[)`\&UL550%``.6E;9/=7@+``$$)0X```0Y`0``4$L!`AX#%``` M``@`^7.R0!1T94EG#P``6;L``!4`&````````0```*2!OB$``&EF8VDM,C`Q M,C`S,S%?;&%B+GAM;%54!0`#EI6V3W5X"P`!!"4.```$.0$``%!+`0(>`Q0` M```(`/ESLD#F'1M8^PD``.F*```5`!@```````$```"D@70Q``!I9F-I+3(P M,3(P,S,Q7W!R92YX;6Q55`4``Y:5MD]U>`L``00E#@``!#D!``!02P$"'@,4 M````"`#Y<[)`]F]A0T4$``"I%P``$0`8```````!````I(&^.P``:69C:2TR M,#$R,#,S,2YX`L``00E#@``!#D!``!02P4&``````8` ,!@`:`@``3D`````` ` end XML 23 FilingSummary.xml IDEA: XBRL DOCUMENT 2.4.0.6 Html 5 38 1 false 0 0 false 3 false false R1.htm 000010 - Document - Document and Entity Information Sheet http://none/20120331/role/idr_DocumentDocumentAndEntityInformation Document and Entity Information true false R2.htm 000020 - Statement - Balance Sheets Sheet http://none/20120331/role/idr_BalanceSheets Balance Sheets false false R3.htm 000030 - Statement - Statements of Operations Sheet http://none/20120331/role/idr_StatementsOfOperations Statements of Operations false false R4.htm 000040 - Statement - Statements of Cash Flows Sheet http://none/20120331/role/idr_StatementsOfCashFlows Statements of Cash Flows false false R5.htm 200000 - Disclosure - Organization, Consolidation and Presentation of Financial Statements Sheet http://none/20120331/role/idr_DisclosureOrganizationConsolidationAndPresentationOfFinancialStatements Organization, Consolidation and Presentation of Financial Statements false false R6.htm 290000 - Disclosure - Accounting Policies Sheet http://none/20120331/role/idr_DisclosureAccountingPolicies Accounting Policies false false R7.htm 500000 - Disclosure - Equity Sheet http://none/20120331/role/idr_DisclosureEquity Equity false false R8.htm 770000 - Disclosure - Income Taxes Sheet http://none/20120331/role/idr_DisclosureIncomeTaxes Income Taxes false false R9.htm 870000 - Disclosure - Subsequent Events Sheet http://none/20120331/role/idr_DisclosureSubsequentEvents Subsequent Events false false All Reports Book All Reports Process Flow-Through: 000020 - Statement - Balance Sheets Process Flow-Through: 000030 - Statement - Statements of Operations Process Flow-Through: 000040 - Statement - Statements of Cash Flows ifci-20120331.xml ifci-20120331.xsd ifci-20120331_cal.xml ifci-20120331_def.xml ifci-20120331_lab.xml ifci-20120331_pre.xml true true