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Related Party Transaction
12 Months Ended
Dec. 31, 2012
Related Party Transactions [Abstract]  
Related Party Transaction

NOTE 5 – RELATED PARTY TRANSACTION

 

Due to related parties:

 

Due to related parties included in the balance sheets as of December 31, 2012 was the loans from the Company’s director and CEO, Mr. Eleazar Rivera. He lent to the company $634,114. Of this amount, $334,114 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.

 

Sales to related parties:

 

For the year ended December 31, 2012, the Company recognized $3,000 revenue from consulting service provided to Smart Design Concepts Inc., a company 60% owned by Mr. Eleazar Rivera’s brother-in-law.