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Significant Accounting Policies: Financial Instruments (Policies)
3 Months Ended
Jun. 30, 2012
Financial Instruments:  
Financial Instruments

Financial Instruments

 

The Company’s financial instruments consist of cash and cash equivalent, accounts payable and accrued liabilities, and stockholder loans. The Company does not hold or issue financial instruments for trading purposes and does not hold any derivative financial instruments.

 

The Company’s investment policy is to achieve, in order of importance, the financial objectives of preservation of principal, liquidity and return on investment.  Investments are made in U.S. obligations and bank securities provided the obligations are guaranteed or carry ratings appropriate for the policy.

 

The policy risks are primarily the opportunity cost of the conservative nature of the allowable investments.  As the Company is currently in the development stage, the Company has chosen to avoid investments of a trade or speculative nature.