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Note 2 - Summary of Significant Accounting Policies: Share Based Expenses (Policies)
9 Months Ended
Oct. 31, 2012
Policies  
Share Based Expenses

Share Based Expenses

 

The Company records stock based compensation in accordance with the guidance in ASC Topic 718 which requires the Company to recognize expenses related to the fair value of its employee stock option awards. This eliminates accounting for share-based compensation transactions using the intrinsic value and requires instead that such transactions be accounted for using a fair-value-based method. The Company recognizes the cost of all share-based awards on a graded vesting basis over the vesting period of the award.