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Note 7 - Related Party Transactions
9 Months Ended
Oct. 31, 2012
Notes  
Note 7 - Related Party Transactions

NOTE 7 – RELATED PARTY TRANSACTIONS

 

Daniel Martinez, the sole officer and director of the Company, may in the future, become involved in other business opportunities as they become available, thus he may face a conflict in selecting between the Company and his other business opportunities.  The Company has not formulated a policy for the resolution of such conflicts.

 

Daniel Martinez, the sole officer and director of the Company, will not be paid for any underwriting services that he performs on behalf of the Company with respect to the Company’s S-1 offering.  He will also not receive any interest on any funds that he advances to the Company for offering expenses prior to the offering being closed which will be repaid from the proceeds of the offering.

 

On March 5, 2012 Donovan Cooper resigned as our Treasurer, Chief Financial Officer and Secretary. As a result, concurrent to Mr. Cooper's resignation we appointed Daniel Martinez as Treasurer, Chief Financial Officer, Secretary and as a Director of our company.

 

Daniel Martinez, advanced funds to the company to pay costs incurred by it. These funds are interest free. The balance due to the director was $36,823 on October 31, 2012.

 

On September 14, 2012 Donovan Cooper resigned as our President, Chief Executive Officer and Director. As a result concurrent to Mr. Cooper’s resignation we appoint Daniel Martinez, our current treasurer, Chief Financial Officer, Secretary and Director, as President and Chief Executive Officer of our company.