RELATED PARTIES

6 Months Ended

Jun. 30, 2012

RELATED PARTIES [Abstract]

RELATED PARTIES

NOTE 7 - RELATED PARTIES

On August 15, 2011, the Company entered into an employment agreement with its Chief Executive Officer. The agreement is for a period of one year and automatically extends for one day each day until either party notifies the other not to further extend the employment period, provides for an annual base salary totaling $250,000 and annual bonuses based on pre-tax operating income, as defined, for an annual minimum of $50,000 in total. As of June 30, 2012 the Company recorded a salary expense of $150,000 including the prorated portions of the minimum annual bonus of $25,000. Accrued compensation at June 30, 2012 and December 31, 2011, was $123,193 and $18,615, respectively.

During the six months ended June 30, 2012, the Company's Chief Executive Officer advanced the Company a total of $4,300. The amounts are non -interest bearing and payable on demand.