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Related Party Transaction
12 Months Ended
Dec. 31, 2011
Notes to Financial Statements  
Related Party Transaction

 

NOTE 5 – RELATED PARTY TRANSACTION

 

Mr. Eleazar Rivera is a stockholder of the company, holding 70% or 74,473,000 shares. He lent to the company $618,313. Of this amount, $318,313 is designated as advances from stockholders, while $300,000 is designated as deposit for future share subscriptions. No subscribed shares are outstanding that cannot be legally issued until paid for.