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Subsequent Events
12 Months Ended
Dec. 31, 2011
Subsequent Events  
Subsequent Events [Text Block]

NOTE 6–SUBSEQUENT EVENTS

 

On February 22, 2012, the company issued two promissory notes in the value of $11,250 each for value received. These notes bear no interest and are payable on demand by the note holders.

 

On March 1, 2012 the company entered into a liscence agreement with Cigar and Spirits Magazine and moved offices to our new California address with Cigar and Spirits.The agreement grants Innovative the right to market the products including but not limited to the sales, promotion, and advertising vehicles of the Magazine.There is no specific rent terms included in the license agreement, but verbally Cigar and Spirits have agreed to allow Innovative to use their office on an on-going basis free of additional charge.