XML 8 R17.htm IDEA: XBRL DOCUMENT v2.4.0.8
Note 12 - Related Party Transactions
3 Months Ended
Sep. 30, 2013
Related Party Transactions [Abstract]  
Related Party Transactions

NOTE 12 – RELATED PARTY TRANSACTIONS

 

On May 1, 2012, the Company entered into a consulting agreement with Rick Walchuk, the Company’s sole officer and director for management services. The consulting agreement became effective as of May 1, 2012 and shall continue to May 1, 2015. Under the consulting agreement, the Company shall pay $2,500 a month for the first six months, $5,000 a month for the next six months and $7,500 for the balance of the agreement payable on the 1st of each month.  During the three month periods ended September 30, 2013 and September 30, 2012, Mr. Walchuk invoiced the company for the services in the amount of $22,500 and $7,500, respectively.   As at September 30, 2013 no amounts are owing to Mr. Walchuk.