Related Party Disclosures	3 Months Ended
Mar. 31, 2012
Related Party Disclosures
Related Party Transactions Disclosure [Text Block]	NOTE 2 - RELATED PARTY TRANSACTIONS For the three months ended March 31, 2012, the Company borrowed $45,817 from two of its stockholders, of which it has paid interest of $0. NOTE 3 - STOCKHOLDER LOANS PAYABLE Stockholder loans payable consists of two promissory notes with two of its stockholders in which the company may borrow up to $20,000 and $10,000 respectively. These borrowings bear interest at 8% annum and both are due on December 31, 2014 of which the Company has paid interest of $0 and $0 respectively. There is an additional promissory note with a stockholder in which the company may borrow up to $25,000. This borrowing bears interest at 5% annum and both is due on December 31, 2016 of which the Company has accrued interest of $6,191 and $5,224, respectively.

The entire disclosure for related party transactions, including the nature of the relationship(s), a description of the transactions, the amount of the transactions, the effects of any change in the method of establishing the terms of the transaction from the previous period, stated interest rate, expiration date, terms and manner of settlement per the agreement with the related party, and amounts due to or from related parties. If the entity and one or more other entities are under common ownership or management control and this control affects the operating results or financial position, disclosure includes the nature of the control relationship even if there are no transactions between the entities. Disclosure may also include the aggregate amount of current and deferred tax expense for each statement of earnings presented where the entity is a member of a group that files a consolidated tax return, the amount of any tax related balances due to or from affiliates as of the date of each statement of financial position presented, the principal provisions of the method by which the consolidated amount of current and deferred tax expense is allocated to the members of the group and the nature and effect of any changes in that method. Examples of related party transactions include transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners; and (d) affiliates.

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+ Details