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Loans from Related Parties - Directors and Stockholders
6 Months Ended
Jun. 30, 2012
Debt Disclosure [Abstract]  
Debt Disclosure [Text Block]

(4)  Loans from Related Parties - Directors and Stockholders

 

As of June 30, 2012, loans from related parties amounted to $68,477 and represented working capital advances from Directors who are also stockholders of the Company. The loans are unsecured, non-interest bearing, and due on demand.