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SUBSEQUENT EVENTS
6 Months Ended
Jun. 30, 2012
SUBSEQUENT EVENTS [Abstract]  
SUBSEQUENT EVENTS

NOTE 9 - SUBSEQUENT EVENTS

 

On July 2, 2012, the Company completed a private placement and sold an aggregate of 2,253,577 shares of restricted shares of Common Stock to an accredited investors for net proceeds of $25,000 ($.01 per share).


On July 24, 2012, the Company entered into an agreement to issue a unsecured convertible promissory note in the aggregate principal amount of up to $45,000 (the "Notes") to an accredited investor. The Note bears interest at an annual rate of 7% and is payable on or before 12 months from the date of issuance. In addition, the Notes may be converted at any time, at the option of the holder, into shares of the Company's common stock at a conversion price of $0.01 per share, subject to adjustment.