0001161697-12-000371.txt : 20120515 0001161697-12-000371.hdr.sgml : 20120515 20120515141525 ACCESSION NUMBER: 0001161697-12-000371 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 10 CONFORMED PERIOD OF REPORT: 20120331 FILED AS OF DATE: 20120515 DATE AS OF CHANGE: 20120515 FILER: COMPANY DATA: COMPANY CONFORMED NAME: FIRST SOCIAL NETWORX CORP. CENTRAL INDEX KEY: 0001532158 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER PROCESSING & DATA PREPARATION [7374] IRS NUMBER: 453360079 STATE OF INCORPORATION: FL FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: 10-Q SEC ACT: 1934 Act SEC FILE NUMBER: 333-177786 FILM NUMBER: 12843327 BUSINESS ADDRESS: STREET 1: 4625 LEGACY COURT CITY: SARASOTA STATE: FL ZIP: 34241-7147 BUSINESS PHONE: 941-266-4865 MAIL ADDRESS: STREET 1: 4625 LEGACY COURT CITY: SARASOTA STATE: FL ZIP: 34241-7147 10-Q 1 form_10-q.htm FORM 10-Q FOR 03-31-2012

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549


FORM 10-Q

(Mark One)


[X] QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934


For the quarterly period ended March 31, 2012


or


[   ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934


For the transition period from __________________ to __________________


Commission File Number:  333-177785


FIRST SOCIAL NETWORX CORP.

(Exact name of registrant as specified in its charter)


Florida

 

45-3360079

(State or other jurisdiction of

 

(I.R.S. Employer

incorporation or organization)

 

Identification No.)


Marilyn Stark

4625 Legacy Court, Sarasota, FL 34241-7147

                            941-266-4865                            

(Registrant’s telephone number, including area code)


Not Applicable

(Former name, former address and former fiscal year, if changed since last report)


Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.  Yes [X]  No [   ]


Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files).  Yes [X]  No [   ]


Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. See the definitions of “large accelerated filer,” “accelerated filer” and “smaller reporting company” in Rule 12b-2 of the Exchange Act.


 

Large accelerated filer

[   ]

Accelerated filer

[   ]

 

Non-accelerated filer

[   ]

Smaller reporting company

[X]

 

(Do not check if smaller reporting company)

 

 


Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act)  Yes [X]  No [   ]


Indicate the number of shares outstanding of each of the issuer’s classes of common stock, as of the latest practicable date. 11,500,000 shares of common stock are issued and outstanding as of March 31, 2012.




TABLE OF CONTENTS


 

 

Page
No.

PART I – FINANCIAL INFORMATION

 

 

 

Item 1.

Financial Statements

4

 

 

 

 

Balance Sheets

4

 

 

 

 

Statements of Operations

5

 

 

 

 

Statements of Stockholders’ Equity (Deficiency)

6

 

 

 

 

Statements of Cash Flows

7

 

 

 

 

Notes to Financial Statements (unaudited)

8

 

 

 

Item 2.

Management’s Discussion and Analysis of Financial Condition and Results of Operations.

12

 

 

 

Item 3.

Quantitative and Qualitative Disclosures About Market Risk.

12

 

 

 

Item 4.

Controls and Procedures.

12

 

 

 

PART II – OTHER INFORMATION

 

 

 

Item 1.

Legal Proceedings.

14

 

 

 

Item 1A.

Risk Factors.

14

 

 

 

Item 2.

Unregistered Sales of Equity Securities and Use of Proceeds.

14

 

 

 

Item 3.

Defaults Upon Senior Securities.

14

 

 

 

Item 4.

Mine Safety Disclosures

14

 

 

 

Item 5.

Other Information.

14

 

 

 

Item 6.

Exhibits.

14


- 2 -



CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION


Certain statements in this report contain or may contain forward-looking statements. These statements, identified by words such as “plan”, “anticipate”, “believe”, “estimate”, “should”, “expect” and similar expressions include our expectations and objectives regarding our future financial position, operating results and business strategy. These statements are subject to known and unknown risks, uncertainties and other factors which may cause actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by such forward - looking statements. These forward-looking statements were based on various factors and were derived utilizing numerous assumptions and other factors that could cause our actual results to differ materially from those in the forward-looking statements. These factors include, but are not limited to, our ability to secure suitable financing to continue with our existing business or change our business and conclude a merger, acquisition or combination with a business prospect, economic, political and market conditions and fluctuations, government and industry regulation, interest rate risk, U.S. and global competition, and other factors. Most of these factors are difficult to predict accurately and are generally beyond our control. You should consider the areas of risk described in connection with any forward-looking statements that may be made herein. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this report. Readers should carefully review this report in its entirety, including but not limited to our financial statements and the notes thereto and the risks described in our Registration Statement on Form S-1 and Form S-1/A amendments thereto, for the fiscal year ended September 30, 2011. We advise you to carefully review the reports and documents we file from time to time with the Securities and Exchange Commission (the “SEC”), particularly our quarterly reports on Form 10-Q and our current reports on Form 8-K. Except for our ongoing obligations to disclose material information under the Federal securities laws, we undertake no obligation to release publicly any revisions to any forward-looking statements, to report events or to report the occurrence of unanticipated events.


OTHER PERTINENT INFORMATION


When used in this report, the terms, “we,” the “Company,” “our,” and “us” refers to First Social Networx Corp. a Florida corporation.


- 3 -



PART I – FINANCIAL INFORMATION


ITEM 1. FINANCIAL STATEMENTS


FIRST SOCIAL NETWORX CORP.

(A Development Stage Company)

Balance Sheet


ASSETS

 

 

As of

 

 

 

March 31, 2012

 

September 30, 2011

 

 

 

(unaudited)

 

(audited)

 

 

 

 

 

 

 

 

 

CURRENT ASSETS

 

 

 

 

 

 

 

Cash and cash equivalents

 

$

33,456

 

$

8,900

 

Total current assets

 

 

33,456

 

 

8,900

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

TOTAL ASSETS

 

$

33,456

 

$

8,900

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

LIABILITIES AND STOCKHOLDERS’ EQUITY

 

 

 

 

 

 

 

 

CURRENT LIABILITIES

 

 

 

 

 

 

 

Accounts payable & Accrued liabilities

 

$

600

 

$

2,000

 

Total liabilities

 

 

600

 

 

2,000

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

STOCKHOLDERS’ EQUITY

 

 

 

 

 

 

 

Capital Stock (Note 4)

 

 

 

 

 

 

 

250,000,000 common shares authorized, $0.0001 par value;

 

 

 

 

 

 

 

11,500,000 and 9,000,000 shares issued and outstanding at

 

 

 

 

 

 

 

March 31, 2012 and September 30, 2011

 

 

1,150

 

 

900

 

Additional paid-in capital

 

 

45,350

 

 

8,100

 

Deficit accumulated during the development stage

 

 

(13,644

)

 

(2,100

)

Total Stockholders’ Equity

 

 

32,856

 

 

6,900

 

 

 

 

 

 

 

 

 

TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY

 

$

33,456

 

$

8,900

 


See accompanying auditors’ report and notes to the financial statements.


- 4 -



FIRST SOCIAL NETWORX CORP.

(A Development Stage Company)

Statement of Operations

(unaudited)


 

 

 

 

 

 

For the Period

 

 

 

 

 

 

 

from Inception

 

 

 

Three Months

 

Six Months

 

September 13, 2011

 

 

 

Ended

 

Ended

 

to

 

 

 

March 31, 2012

 

March 31, 2012

 

March 31, 2012

 

 

 

Unaudited

 

Unaudited

 

Unaudited

 

 

 

 

 

 

 

 

 

 

 

 

REVENUES

 

$

 

$

 

$

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

EXPENSES

 

 

 

 

 

 

 

 

 

 

General & Administrative

 

 

7,651

 

 

7,659

 

 

7,759

 

Professional Fees

 

 

2,785

 

 

3,885

 

 

5,885

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Loss Before Income Taxes

 

$

(10,436

)

$

(11,544

)

$

(13,644

)

 

 

 

 

 

 

 

 

 

 

 

Provision for Income Taxes

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net Loss

 

$

(10,436

)

$

(11,544

)

$

(13,644

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

PER SHARE DATA:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic and diluted loss per common share

 

$

(0.00

)

$

(0.00

)

$

(0.00

)

 

 

 

 

 

 

 

 

 

 

 

Basic and diluted weighted average common shares outstanding

 

 

9,662,962

 

 

9,281,040

 

 

9,211,443

 


See accompanying auditors’ report and notes to the financial statements.


- 5 -



FIRST SOCIAL NETWORX CORP.

(A Development Stage Company)

Statement of Stockholder’s Equity


 

 

 

 

 

 

 

 

 

 

 

Deficit

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Accumulated

 

 

 

 

 

 

 

 

 

 

 

 

Additional

 

During the

 

 

 

 

 

 

Common Stock

 

Paid-in

 

Development

 

 

 

 

 

 

Shares

 

Amount

 

Capital

 

Stage

 

Total

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Inception - September 13, 2011

 

 

 

$

 

$

 

$

 

$

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Common shares issued to Founder for cash at $0.0001 per share (par value $0.0001) on September 13, 2011

 

 

9,000,000

 

 

900

 

 

8,100

 

 

 

 

9,000

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Loss for the period from inception on September 13, 2011 to September 30, 2011

 

 

 

 

 

 

 

 

(2,100

)

 

(2,100

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance - September 30, 2011

 

 

9,000,000

 

 

900

 

 

8,100

 

 

(2,100

)

 

6,900

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Common shares issued to Investors for cash at $0.015 per share (par value $0.0001) on March 14, 2012

 

 

2,500,000

 

 

250

 

 

37,250

 

 

 

 

37,500

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net Loss for the period ended March 31, 2012

 

 

 

 

 

 

 

 

(11,544

)

 

(11,544

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance - March 31, 2012

 

 

11,500,000

 

 

1,150

 

 

45,350

 

 

(13,644

)

 

32,856

 


See accompanying auditors’ report and notes to the financial statements.


- 6 -



FIRST SOCIAL NETWORX CORP.

(A Development Stage Company)

Statement of Cash Flows

(unaudited)


 

 

 

 

 

For the Period

 

 

 

 

 

 

from Inception

 

 

 

Six Months

 

September 13, 2011

 

 

 

Ended

 

to

 

 

 

March 31, 2012

 

March 31, 2012

 

 

 

Unaudited

 

Unaudited

 

 

 

 

 

 

 

 

 

OPERATING ACTIVITIES

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net Loss

 

$

(11,544

)

$

(13,644

)

 

 

 

 

 

 

 

 

Changes in Operating Assets and Liabilities:

 

 

 

 

 

 

 

Increase (decrease) in accounts payable and accrued liabilities

 

 

(1,400

)

 

600

 

Net cash used in operating activities

 

 

(12,944

)

 

(13,044

)

 

 

 

 

 

 

 

 

FINANCING ACTIVITIES

 

 

 

 

 

 

 

Capital Stock issued for cash

 

 

37,500

 

 

46,500

 

Net cash provided by financing activities

 

 

37,500

 

 

46,500

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

INCREASE IN CASH AND CASH EQUIVALENTS

 

 

24,556

 

 

33,456

 

 

 

 

 

 

 

 

 

CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD

 

 

8,900

 

 

 

 

 

 

 

 

 

 

 

CASH AND CASH EQUIVALENTS AT END OF PERIOD

 

$

33,456

 

$

33,456

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Supplemental Cash Flow Disclosures:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cash paid for:

 

 

 

 

 

 

 

Interest expense

 

$

 

$

 

Income taxes

 

$

 

$

 


See accompanying auditors’ report and notes to the financial statements.


- 7 -



FIRST SOCIAL NETWORX CORP.

(A Development Stage Company)

Notes to Financial Statements

For the Three Month Period Ended March 31, 2012 and for the Period from

September 13, 2011 (Date of Inception) through March 31, 2012

(unaudited)


NOTE 1. NATURE OF BUSINESS


The Company was incorporated in the State of Florida on September 13, 2011.  It is a development stage company in accordance with FASB ASC 915 Financial Reporting for Development Stage Entities.   The Company intends to develop an on-line social network community of new parents and caregivers that create a way for families with children ages 0-5 to find an ideal playtime in their area. We believe that playtime groups provide social benefits that include invaluable interaction between children that aid in the development of early social skills, language comprehension and school readiness. We anticipate that parents may find a built-in support system where sharing thoughts and concerns with other parents alleviating stress and isolation. We anticipate that our intended members will be loyal, come back weekly to monitor their playtime activity, refer others and provide feedback and testimonials about how the on-line social network community helps to influence these young families lives. The Company was incorporated on September 13, 2011 (Date of Inception) with its corporate headquarters located in Sarasota, FL and its year-end is September 30, 2011.


NOTE 2. GOING CONCERN


The Company’s financial statements are prepared using accounting principles generally accepted in the United States of America applicable to a going concern which contemplates the realization of assets and liquidation of liabilities in the normal course of business.  The Company has not yet emerged from its development stage, as not established an ongoing source of revenues sufficient to cover its operating cost, and requires additional capital to commence its operating plan.  The ability of the Company to continue as a going concern is dependent on the Company obtaining adequate capital to fund operating losses until it becomes profitable.  If the Company is unable to obtain adequate capital, it could be forced to cease operations.  These factors raise substantial doubt about its ability to continue as a going concern.


In order to continue as a going concern, the Company will need, among other things, additional capital resources.  Management’s plan to obtain such resources for the Company include, obtaining capital from management and significant stockholders sufficient to meet its minimal operating expenses.  However, management cannot provide any assurance that the Company will be successful in accomplishing any of its plans.


There is no assurance that the Company will be able to obtain sufficient additional funds when needed or that such funds, if available, will be obtainable on terms satisfactory to the Company.  In addition, profitability will ultimately depend upon the level of revenues received from business operations.  However, there is no assurance that the Company will attain profitability. The accompanying financial statements do not include any adjustments that might be necessary if the Company is unable to continue as a going concern.


NOTE 3. SIGNIFICANT ACCOUNTING POLICIES


The significant accounting policies followed are:


USE OF ESTIMATES


The Company prepares its financial statements in conformity with accounting principles generally accepted in the United States of America (“GAAP”), which require management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements, and reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.


Due to the limited level of operations, the Company has not had to make material assumptions or estimates other than the assumption that the Company is a going concern.


- 8 -



FIRST SOCIAL NETWORX CORP.

(A Development Stage Company)

Notes to Audited Financial Statements

For the Three Month Period Ended March 31, 2012 and for the Period from

September 13, 2011 (Date of Inception) through March 31, 2012

(unaudited)


BASIS OF PRESENTATION


The accompanying unaudited interim financial statements and related notes have been prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”) for the interim financial information, and with the rules and regulations of the United States Securities and Exchange Commission (“SEC”) to Form 10-Q and Article 8 of Regulation S-X.  Accordingly, they do not include all of the information and footnotes required by U.S. GAAP for complete financial statements.  The unaudited interim financial statements furnished reflect all adjustments (consisting of normal recurring accruals) which are, in the opinion of management, necessary to a fair statement of the results for the interim period presented.  Unaudited interim results are not necessarily indicative of the results for the full fiscal year.  These financial statements should be read in conjunction with the financial statements of the Company for the period from September 13, 2011 (inception) through September 30, 2011 and notes thereto contained in the information filed as part of the Company’s Registration Statement on Form S-1, of which this Prospectus is a part.


FINANCIAL INSTRUMENTS


The Company’s balance sheet includes certain financial instruments. The carrying amounts of current assets and current liabilities approximate their fair value because of the relatively short period of time between the origination of these instruments and their expected realization.


CASH AND CASH EQUIVALENTS


All cash, other than held in escrow, is maintained with a major financial institution in the United States. Deposits with this bank may exceed the amount of insurance provided on such deposits. Temporary cash investments with an original maturity of three months or less are considered to be cash equivalents.


DEFERRED INCOME TAXES AND VALUATION ALLOWANCE


The Company accounts for income taxes under FASB ASC 740 “Income Taxes.”  Under the asset and liability method of FASB ASC 740, deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statements carrying amounts of existing assets and liabilities and their respective tax bases.  Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled.  Under FASB ASC 740, the effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period the enactment occurs.  A valuation allowance is provided for certain deferred tax assets if it is more likely than not that the Company will not realize tax assets through future operations.


NET INCOME (LOSS) PER COMMON SHARE


Net income (loss) per share is calculated in accordance with FASB ASC 260, “Earnings Per Share.”  The weighted-average number of common shares outstanding during each period is used to compute basic earning or loss per share.  Diluted earnings or loss per share is computed using the weighted average number of shares and diluted potential common shares outstanding.  Dilutive potential common shares are additional common shares assumed to be exercised.


Basic net income (loss) per common share is based on the weighted average number of shares of common stock outstanding at March 31, 2012.  As of March 31, 2012, the Company had no dilutive potential common shares.


REVENUE AND COST RECOGNITION


The Company has no current source of revenue; therefore the Company has not yet adopted any policy regarding the recognition of revenue or cost.


- 9 -



FIRST SOCIAL NETWORX CORP.

(A Development Stage Company)

Notes to Audited Financial Statements

For the Three Month Period Ended March 31, 2012 and for the Period from

September 13, 2011 (Date of Inception) through March 31, 2012

(unaudited)


ADVERTISING


Advertising costs are expensed as incurred.  No advertising costs have been incurred as of March 31, 2012.


RECENTLY ACCOUNTING PRONOUNCEMENTS


Except for rules and interpretive releases of the SEC under authority of federal securities laws and a limited number of grandfathered standards, the FASB Accounting Standards Codification™ (“ASC”) is the sole source of authoritative GAAP literature recognized by the FASB and applicable to the Company.  Management has reviewed the aforementioned rules and releases and believes any effect will not have a material impact on the Company’s present or future financial statements.


NOTE 4. INCOME TAXES


The Company has not recognized an income tax benefit for its operating losses generated based on uncertainties concerning its ability to generate taxable income in future periods.  The tax benefit for the periods presented is offset by a valuation allowance established against deferred tax assets arising from the net operating losses and other temporary differences, the realization of which could not be considered more likely than not.  In future periods, tax benefits and related deferred tax assets will be recognized when management considers realization of such amounts to be more likely than not.  For the period September 13, 2011 (date of inception) through March 31, 2012, the Company incurred losses, resulting from operating activities, which result in deferred tax assets at the effective statutory rates.  The deferred tax asset has been off-set by an equal valuation allowance.


NOTE 5. SHAREHOLDER’S EQUITY


COMMON STOCK


The authorized common stock of the Company consists of 250,000,000 shares with a par value of $0.0001.  The Company issued 9,000,000 shares of our $.0001 par value common stock to Marilyn Stark , our CEO and sole Director, on  September 13, 2011 for cash in the amount of $9,000 (per share price of $.001).


The Company sold 2,500,000 shares of our $.0001 par value common stock to a group of Investors on  March 14, 2012 for cash in the amount of $37,500 (per share price of $.015).


There are no warrants or options outstanding to acquire any additional shares of common stock of the Company.


NOTE 6. RELATED PARTY TRANSACTIONS


On September 13, 2011, the Company sold 9,000,000 shares of common stock to its founder for $0.001 per share.


The officer and director of the Company is or may be involved in other business activities and may, in the future, become involved in other business opportunities that become available. She may face a conflict in selecting between the Company and other business interests. The Company has not formulated a policy for the resolution of such conflicts.


The Company does not own or lease property or lease office space. The office space used by the Company was arranged by the founder of the Company to use at no charge.


The above is not necessarily indicative of the amounts that would have been incurred had a comparable transaction been entered into with independent parties.


- 10 -



FIRST SOCIAL NETWORX CORP.

(A Development Stage Company)

Notes to Audited Financial Statements

For the Three Month Period Ended March 31, 2012 and for the Period from

September 13, 2011 (Date of Inception) through March 31, 2012

(unaudited)


NOTE 7. COMMITMENTS AND CONTINGENCY


From time to time the Company may be a party to litigation matters involving claims against the Company.  Management believes that there are no current matters that would have a material effect on the Company’s financial position or results of operations.


NOTE 8. SUBSEQUENT EVENTS


Management has evaluated events subsequent through May 4, 2012, which is the date these financial statements were available to be issued, to determine whether they should be disclosed to keep the financial statements from being misleading. Management found no such subsequent events to disclose.


- 11 -



ITEM 2. MANAGEMENT DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATION


Overview


First Social Networx Corp. (the “Company”), a Florida corporation, was formed to intend to create a social playtime network community that helps parents reduce the amount of isolation and anxiousness while raising children and to help children interact with other children. The Company was incorporated on September 13, 2011 (Date of Inception) with its corporate headquarters located in Sarasota, Florida and its year-end is September 31, 2012. We have no operations and in accordance with SFAS #7 is considered to be in the development stage.


Results of Operations


The following discussion should be read in conjunction with the condensed financial statements and segment data and in conjunction with the Company’s S-1 and amended S-1/A’s. Results or interim periods may not be indicative of results for the full year.


During the six months of the fiscal year 2012, the Company was focused on preparing the documentation required to be filed with the Securities and Exchange Commission (SEC) and with the Financial Industry Regulatory Authority (FINRA). On November 7, 2011 the Company filed a Registration Form S-1 and also filed S-1/A  Amendments on December 19, 2011, January 25, 2012, and February 16, 2012 with the SEC.


Results of Operations


The Company did not generate any revenue during the three or six months ended March 31, 2012.


Total expenses for the three (3) and six (6) months ending March 31, 2012 were $10,436 and $11,544 resulting in an operating loss for the period of $11,544. Basic net loss per share amounting to $.00 for the three (3) and six months ending March 31, 2012.


General and Administrative expenses consisted primarily of filing and professional fees for the three (3) and six months ending March 31, 2012.


Liquidity and Capital Resources


At March 31, 2012 we had working capital of $32,856 consisting of cash on hand of $33,456 as compared to working capital of $6,900 at September 31, 2011 and cash of $8,900.


Net cash used in operating activities for the six months ended March 31, 2012 was $12,944 as compared to $13,044 for the period from inception on September 13, 2011 through March 31, 2012.


ITEM 3. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK.


Not applicable to a smaller reporting company.


ITEM 4. CONTROLS AND PROCEDURES


Management’s Report On Internal Control Over Financial Reporting


Our management is responsible for establishing and maintaining adequate internal control over financial reporting. Internal control over financial reporting is defined in Rule 13a-15(f) or 15d-15(f) promulgated under the Securities Exchange Act of 1934 as a process designed by, or under the supervision of, the company’s principal executive and principal financial officers and effected by the company’s board of directors, management and other personnel, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with accounting principles generally accepted in the United States of America and includes those policies and procedures that:


 

·

Pertain to the maintenance of records that in reasonable detail accurately and fairly reflect the transactions and dispositions of the assets of the company;


- 12 -



 

·

Provide reasonable assurance that transactions are recorded as necessary to permit preparation of financial statements in accordance with accounting principles generally accepted in the United States of America and that receipts and expenditures of the company are being made only in accordance with authorizations of management and directors of the company; and

 

 

 

 

·

Provide reasonable assurance regarding prevention or timely detection of unauthorized acquisition, use or disposition of the company’s assets that could have a material effect on the financial statements.


Because of its inherent limitations, internal control over financial reporting may not prevent or detect misstatements. Projections of any evaluation of effectiveness to future periods are subject to the risk that controls may become inadequate because of changes in conditions, or that the degree of compliance with the policies or procedures may deteriorate. All internal control systems, no matter how well designed, have inherent limitations. Therefore, even those systems determined to be effective can provide only reasonable assurance with respect to financial statement preparation and presentation. Because of the inherent limitations of internal control, there is a risk that material misstatements may not be prevented or detected on a timely basis by internal control over financial reporting. However, these inherent limitations are known features of the financial reporting process. Therefore, it is possible to design into the process safeguards to reduce, though not eliminate, this risk.


As of March 31, 2012 management assessed the effectiveness of our internal control over financial reporting based on the criteria for effective internal control over financial reporting established in Internal Control--Integrated Framework issued by the Committee of Sponsoring Organizations of the Treadway Commission (“COSO”) and SEC guidance on conducting such assessments. Based on that evaluation, they concluded that, during the period covered by this report, such internal controls and procedures were not effective to detect the inappropriate application of US GAAP rules as more fully described below. This was due to deficiencies that existed in the design or operation of our internal controls over financial reporting that adversely affected our internal controls and that may be considered to be material weaknesses.


The matters involving internal controls and procedures that our management considered to be material weaknesses under the standards of the Public Company Accounting Oversight Board were: (1) lack of a functioning audit committee due to a lack of a majority of independent members and a lack of a majority of outside directors on our board of directors, resulting in ineffective oversight in the establishment and monitoring of required internal controls and procedures; (2) inadequate segregation of duties consistent with control objectives; and (3) ineffective controls over period end financial disclosure and reporting processes. The aforementioned material weaknesses were identified by our Chief Executive Officer in connection with the review of our financial statements as of March 31, 2012.


Management believes that the material weaknesses set forth in items (2) and (3) above did not have an effect on our financial results. However, management believes that the lack of a functioning audit committee and the lack of a majority of outside directors on our board of directors results in ineffective oversight in the establishment and monitoring of required internal controls and procedures, which could result in a material misstatement in our financial statements in future periods.


Management’s Remediation Initiatives


In an effort to remediate the identified material weaknesses and other deficiencies and enhance our internal controls, we have initiated, or plan to initiate, the following series of measures:


We will create a position to segregate duties consistent with control objectives and will increase our personnel resources and technical accounting expertise within the accounting function when funds are available to us. And, we plan to appoint one or more outside directors to our board of directors who shall be appointed to an audit committee resulting in a fully functioning audit committee who will undertake the oversight in the establishment and monitoring of required internal controls and procedures such as reviewing and approving estimates and assumptions made by management when funds are available to us.


Management believes that the appointment of one or more outside directors, who shall be appointed to a fully functioning audit committee, will remedy the lack of a functioning audit committee and a lack of a majority of outside directors on our Board.


We anticipate that these initiatives will be at least partially, if not fully, implemented by December 31, 2012. Additionally, we plan to test our updated controls and remediate our deficiencies by March 31, 2013.


Changes in internal controls over financial reporting


There was no change in our internal controls over financial reporting that occurred during the period covered by this report, which has materially affected, or is reasonably likely to materially affect, our internal controls over financial reporting.


- 13 -



PART II - OTHER INFORMATION


ITEM 1.  LEGAL PROCEEDINGS.


None.


ITEM 1A. RISK FACTORS.


Not applicable to a smaller reporting company.


ITEM 2.  UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS.


None.


ITEM 3.  DEFAULTS UPON SENIOR SECURITIES.


None.


ITEM 4.  MINE SAFETY DISCLOSURES


Not applicable.


ITEM 5.  OTHER INFORMATION.


None.


ITEM 6.  EXHIBITS.


31.1

Rule 13(a)-14(a)/15(d)-14(a) Certification of principal executive officer

 

 

31.2

Rule 13(a)-14(a)/15(d)-14(a) Certification of principal financial and accounting officer

 

 

32.1

Section 1350 Certification of principal executive officer and principal financial and accounting officer

 

 

101*

XBRL data files of Financial Statements and Notes contained in this Quarterly Report on Form 10-Q.


* In accordance with Regulation S-T, the Interactive Data Files in Exhibit 101 to the Quarterly Report on Form 10-Q shall be deemed “furnished” and not “filed.”


SIGNATURES


Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.


 

First Social Networx Corp.

 

 

 

 

Date: May 14, 2012

BY: /s/ Marilyn Stark

 

Marilyn Stark

 

President, Chief Executive Officer, Director

 

Principal Executive Officer,

 

Principal Financial and Accounting Officer


- 14 -


EX-31 2 ex_31-1.htm RULE 13(A)-14(A)/15(D)-14(A) CERTIFICATION

Exhibit 31.1


RULE 13A-14(A)/15D-14(A) CERTIFICATION


I, Marilyn Stark, certify that:


1. I have reviewed this quarterly report on Form 10-Q for the period ended March 31, 2012 of First Social Networx Corp.;


2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;


3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;


4. The registrant’s other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15-d-15(f)) for the registrant and have:


a. Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;


b. Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;


c. Evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and


d. Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter (the registrant’s fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and


5. The registrant’s other certifying officer(s) and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of the registrant’s board of directors (or persons performing the equivalent functions):


a. All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial information; and


b. Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.


May 14, 2012

/s/ Marilyn Stark

 

Marilyn Stark, President

 

Principal Executive Officer



EX-31 3 ex_31-2.htm RULE 13(A)-14(A)/15(D)-14(A) CERTIFICATION

Exhibit 31.2


RULE 13A-14(A)/15D-14(A) CERTIFICATION


I, Marilyn Stark, certify that:


1. I have reviewed this quarterly report on Form 10-Q for the period ended March 31, 2012 of First Social Networx Corp.;


2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;


3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;


4. The registrant’s other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15-d-15(f)) for the registrant and have:


a. Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;


b. Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;


c. Evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and


d. Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter (the registrant’s fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and


5. The registrant’s other certifying officer(s) and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of the registrant’s board of directors (or persons performing the equivalent functions):


a. All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial information; and


b. Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.


May 14, 2012

/s/ Marilyn Stark

 

Marilyn Stark, President

 

Principal Financial and Accounting Officer



EX-32 4 ex_32-1.htm SECTION 1350 CERTIFICATION

Exhibit 32.1


SECTION 1350 CERTIFICATION


In connection with the quarterly report of First Social Networx Corp. (the “Company”) on Form 10-Q for the period ended March 31, 2012 as filed with the Securities and Exchange Commission (the “Report”), I, Marilyn Stark, President of the Company, certify, pursuant to 18 U.S.C. SS. 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, that:


1. The Report fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934; and


2. The information contained in the Report fairly presents, in all material respects, the financial condition and result of operations of the Company.


May 14, 2012

/s/ Marilyn Stark

 

Marilyn Stark, President

 

Principal Executive Officer,

 

Principal Financial and Accounting Officer


A signed original of this written statement required by Section 906, or other document authenticating, acknowledging, or otherwise adopting the signature that appears in typed form within the electronic version of this written statement has been provided to the Company and will be retained by the Company and furnished to the Securities and Exchange Commission or its staff upon request.



EX-101.INS 5 fsnc-20120331.xml XBRL INSTANCE FILE 0001532158 2011-10-01 2012-03-31 0001532158 2012-03-31 0001532158 2011-09-30 0001532158 2012-01-01 2012-03-31 0001532158 2011-09-13 2012-03-31 0001532158 us-gaap:CommonStockMember 2011-09-13 2012-03-31 0001532158 us-gaap:CommonStockMember 2011-09-12 0001532158 us-gaap:CommonStockMember 2012-03-31 0001532158 us-gaap:TreasuryStockMember 2011-09-13 2012-03-31 0001532158 us-gaap:TreasuryStockMember 2011-09-12 0001532158 us-gaap:TreasuryStockMember 2012-03-31 0001532158 us-gaap:AdditionalPaidInCapitalMember 2011-09-13 2012-03-31 0001532158 us-gaap:AdditionalPaidInCapitalMember 2011-09-12 0001532158 us-gaap:AdditionalPaidInCapitalMember 2012-03-31 0001532158 us-gaap:RetainedEarningsMember 2011-09-13 2012-03-31 0001532158 us-gaap:RetainedEarningsMember 2011-09-12 0001532158 us-gaap:RetainedEarningsMember 2012-03-31 0001532158 2011-09-12 iso4217:USD xbrli:shares iso4217:USD xbrli:shares FIRST SOCIAL NETWORX CORP. 0001532158 10-Q 2012-03-31 false --09-30 No No Yes Smaller Reporting Company Q2 2012 11500000 33456 8900 33456 8900 33456 8900 600 2000 600 2000 1150 900 45350 8100 -13644 -2100 32856 6900 33456 8900 0.0001 0.0001 250000000 250000000 11500000 9000000 7659 7651 7759 3885 2785 5885 -11544 -10436 -13644 -11544 -10436 -13644 0.00 0.00 0.00 9281040 9662962 9211443 32856 11500000 1150 45350 -13644 9000 9000000 900 8100 -2100 -2100 6900 9000000 900 8100 -2100 37500 2500000 250 37250 -11544 -11544 -1400 600 -12944 -13044 37500 46500 37500 46500 24556 33456 <p style="margin: 0pt"></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"><b>NOTE 1. NATURE OF BUSINESS</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">The Company was incorporated in the State of Florida on September 13, 2011. &#160;It is a development stage company in accordance with FASB ASC 915 <i>Financial Reporting for Development Stage Entities</i>. &#160;&#160;The Company intends to develop an on-line social network community of new parents and caregivers that create a way for families with children ages 0-5 to find an ideal playtime in their area. We believe that playtime groups provide social benefits that include invaluable interaction between children that aid in the development of early social skills, language comprehension and school readiness. We anticipate that parents may find a built-in support system where sharing thoughts and concerns with other parents alleviating stress and isolation. We anticipate that our intended members will be loyal, come back weekly to monitor their playtime activity, refer others and provide feedback and testimonials about how the on-line social network community helps to influence these young families lives. The Company was incorporated on September 13, 2011 (Date of Inception) with its corporate headquarters located in Sarasota, FL and its year-end is September 30, 2011.</p> <p style="margin: 0pt"></p> <p style="margin: 0pt"></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"><b>NOTE 2. GOING CONCERN</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">The Company&#146;s financial statements are prepared using accounting principles generally accepted in the United States of America applicable to a going concern which contemplates the realization of assets and liquidation of liabilities in the normal course of business. &#160;The Company has not yet emerged from its development stage, as not established an ongoing source of revenues sufficient to cover its operating cost, and requires additional capital to commence its operating plan. &#160;The ability of the Company to continue as a going concern is dependent on the Company obtaining adequate capital to fund operating losses until it becomes profitable. &#160;If the Company is unable to obtain adequate capital, it could be forced to cease operations. &#160;These factors raise substantial doubt about its ability to continue as a going concern.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">In order to continue as a going concern, the Company will need, among other things, additional capital resources. &#160;Management&#146;s plan to obtain such resources for the Company include, obtaining capital from management and significant stockholders sufficient to meet its minimal operating expenses. &#160;However, management cannot provide any assurance that the Company will be successful in accomplishing any of its plans.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">There is no assurance that the Company will be able to obtain sufficient additional funds when needed or that such funds, if available, will be obtainable on terms satisfactory to the Company. &#160;In addition, profitability will ultimately depend upon the level of revenues received from business operations. &#160;However, there is no assurance that the Company will attain profitability. The accompanying financial statements do not include any adjustments that might be necessary if the Company is unable to continue as a going concern.</p> <p style="margin: 0pt"></p> <p style="margin: 0pt"></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"><b>NOTE 3. SIGNIFICANT ACCOUNTING POLICIES</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">The significant accounting policies followed are:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"><i>USE OF ESTIMATES</i></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">The Company prepares its financial statements in conformity with accounting principles generally accepted in the United States of America (&#147;GAAP&#148;), which require management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements, and reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">Due to the limited level of operations, the Company has not had to make material assumptions or estimates other than the assumption that the Company is a going concern.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"><i>&#160;</i></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"><i>BASIS OF PRESENTATION</i></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">The accompanying unaudited interim financial statements and related notes have been prepared in accordance with accounting principles generally accepted in the United States of America (&#147;U.S. GAAP&#148;) for the interim financial information, and with the rules and regulations of the United States Securities and Exchange Commission (&#147;SEC&#148;) to Form 10-Q and Article 8 of Regulation S-X. &#160;Accordingly, they do not include all of the information and footnotes required by U.S. GAAP for complete financial statements. &#160;The unaudited interim financial statements furnished reflect all adjustments (consisting of normal recurring accruals) which are, in the opinion of management, necessary to a fair statement of the results for the interim period presented. &#160;Unaudited interim results are not necessarily indicative of the results for the full fiscal year. &#160;These financial statements should be read in conjunction with the financial statements of the Company for the period from September 13, 2011 (inception) through September 30, 2011 and notes thereto contained in the information filed as part of the Company&#146;s Registration Statement on Form S-1, of which this Prospectus is a part.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"><i>FINANCIAL INSTRUMENTS</i></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">The Company&#146;s balance sheet includes certain financial instruments. The carrying amounts of current assets and current liabilities approximate their fair value because of the relatively short period of time between the origination of these instruments and their expected realization.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"><i>CASH AND CASH EQUIVALENTS</i></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">All cash, other than held in escrow, is maintained with a major financial institution in the United States. Deposits with this bank may exceed the amount of insurance provided on such deposits. Temporary cash investments with an original maturity of three months or less are considered to be cash equivalents.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"><i>DEFERRED INCOME TAXES AND VALUATION ALLOWANCE</i></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">The Company accounts for income taxes under FASB ASC 740 &#147;Income Taxes.&#148; &#160;Under the asset and liability method of FASB ASC 740, deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statements carrying amounts of existing assets and liabilities and their respective tax bases. &#160;Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. &#160;Under FASB ASC 740, the effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period the enactment occurs. &#160;A valuation allowance is provided for certain deferred tax assets if it is more likely than not that the Company will not realize tax assets through future operations.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"><i>NET INCOME (LOSS) PER COMMON SHARE</i></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">Net income (loss) per share is calculated in accordance with FASB ASC 260, &#147;Earnings Per Share.&#148; &#160;The weighted-average number of common shares outstanding during each period is used to compute basic earning or loss per share. &#160;Diluted earnings or loss per share is computed using the weighted average number of shares and diluted potential common shares outstanding. &#160;Dilutive potential common shares are additional common shares assumed to be exercised.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">Basic net income (loss) per common share is based on the weighted average number of shares of common stock outstanding at March 31, 2012. &#160;As of March 31, 2012, the Company had no dilutive potential common shares.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"><i>REVENUE AND COST RECOGNITION</i></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">The Company has no current source of revenue; therefore the Company has not yet adopted any policy regarding the recognition of revenue or cost.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"><i>&#160;</i></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"><i>ADVERTISING</i></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">Advertising costs are expensed as incurred. &#160;No advertising costs have been incurred as of March 31, 2012.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"><i>RECENTLY ACCOUNTING PRONOUNCEMENTS</i></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">Except for rules and interpretive releases of the SEC under authority of federal securities laws and a limited number of grandfathered standards, the FASB Accounting Standards Codification&#153; (&#147;ASC&#148;) is the sole source of authoritative GAAP literature recognized by the FASB and applicable to the Company. &#160;Management has reviewed the aforementioned rules and releases and believes any effect will not have a material impact on the Company&#146;s present or future financial statements.</p> <p style="margin: 0pt"></p> <p style="margin: 0pt"></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"><b>NOTE 4. INCOME TAXES</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">The Company has not recognized an income tax benefit for its operating losses generated based on uncertainties concerning its ability to generate taxable income in future periods.&#160;&#160;The tax benefit for the periods presented is offset by a valuation allowance established against deferred tax assets arising from the net operating losses and other temporary differences, the realization of which could not be considered more likely than not.&#160;&#160;In future periods, tax benefits and related deferred tax assets will be recognized when management considers realization of such amounts to be more likely than not.&#160;&#160;For the period September 13, 2011 (date of inception) through March 31, 2012, the Company incurred losses, resulting from operating activities, which result in deferred tax assets at the effective statutory rates. &#160;The deferred tax asset has been off-set by an equal valuation allowance.</p> <p style="margin: 0pt"></p> <p style="margin: 0pt"></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"><b>NOTE 5. SHAREHOLDER&#146;S EQUITY</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"><i>COMMON STOCK</i></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">The authorized common stock of the Company consists of 250,000,000 shares with a par value of $0.0001. &#160;The Company issued 9,000,000 shares of our $.0001 par value common stock to Marilyn Stark , our CEO and sole Director, on &#160;September 13, 2011 for cash in the amount of $9,000 (per share price of $.001).</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">The Company sold 2,500,000 shares of our $.0001 par value common stock to a group of Investors on &#160;March 14, 2012 for cash in the amount of $37,500 (per share price of $.015).</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">There are no warrants or options outstanding to acquire any additional shares of common stock of the Company.</p> <p style="margin: 0pt"></p> <p style="margin: 0pt"></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"><b>NOTE 6. RELATED PARTY TRANSACTIONS</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">On September 13, 2011, the Company sold 9,000,000 shares of common stock to its founder for $0.001 per share.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">The officer and director of the Company is or may be involved in other business activities and may, in the future, become involved in other business opportunities that become available. She may face a conflict in selecting between the Company and other business interests. The Company has not formulated a policy for the resolution of such conflicts.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">The Company does not own or lease property or lease office space. The office space used by the Company was arranged by the founder of the Company to use at no charge.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">The above is not necessarily indicative of the amounts that would have been incurred had a comparable transaction been entered into with independent parties.</p> <p style="margin: 0pt"></p> <p style="margin: 0pt"></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"><b>NOTE 7. COMMITMENTS AND CONTINGENCY</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">From time to time the Company may be a party to litigation matters involving claims against the Company. &#160;Management believes that there are no current matters that would have a material effect on the Company&#146;s financial position or results of operations.</p> <p style="margin: 0pt"></p> <p style="margin: 0pt"></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"><b>NOTE 8. SUBSEQUENT EVENTS</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">Management has evaluated events subsequent through May 4, 2012, which is the date these financial statements were available to be issued, to determine whether they should be disclosed to keep the financial statements from being misleading. Management found no such subsequent events to disclose.</p> <p style="margin: 0pt"></p> EX-101.SCH 6 fsnc-20120331.xsd XBRL SCHEMA FILE 0001 - Document - Document and Entity Information link:presentationLink link:calculationLink link:definitionLink 0002 - Statement - Balance Sheets (Unaudited) link:presentationLink link:calculationLink link:definitionLink 0003 - Statement - Balance Sheets (Parenthetical) link:presentationLink link:calculationLink link:definitionLink 0004 - Statement - Statements of Operations (Unaudited) link:presentationLink link:calculationLink link:definitionLink 0005 - Statement - Shareholders Equity link:presentationLink link:calculationLink link:definitionLink 0006 - Statement - Statements of Cash Flows (Unaudited) link:presentationLink link:calculationLink link:definitionLink 0007 - Disclosure - NATURE OF BUSINESS link:presentationLink link:calculationLink link:definitionLink 0008 - Disclosure - GOING CONCERN link:presentationLink link:calculationLink link:definitionLink 0009 - Disclosure - SIGNIFICANT ACCOUNTING POLICIES link:presentationLink link:calculationLink link:definitionLink 0010 - Disclosure - INCOME TAXES link:presentationLink link:calculationLink link:definitionLink 0011 - Disclosure - SHAREHOLDER EQUITY link:presentationLink link:calculationLink link:definitionLink 0012 - Disclosure - RELATED PARTY TRANSACTIONS link:presentationLink link:calculationLink link:definitionLink 0013 - Disclosure - COMMITMENTS AND CONTINGENCY link:presentationLink link:calculationLink link:definitionLink 0014 - Disclosure - SUBSEQUENT EVENTS link:presentationLink link:calculationLink link:definitionLink EX-101.CAL 7 fsnc-20120331_cal.xml XBRL CALCULATION FILE EX-101.DEF 8 fsnc-20120331_def.xml XBRL DEFINITION FILE EX-101.LAB 9 fsnc-20120331_lab.xml XBRL LABEL FILE Common Stock Shares Equity Components [Axis] Common Stock Amount Additional Paid-in Capital Deficit Accumulated During the Development Stage Document And Entity Information Entity Registrant Name Entity Central Index Key Document Type Document Period End Date Amendment Flag Current Fiscal Year End Date Is Entity a Well-known Seasoned Issuer? Is Entity a Voluntary Filer? Is Entity's Reporting Status Current? Entity Filer Category Entity Public Float Entity Common Stock, Shares Outstanding Document Fiscal Period Focus Document Fiscal Year Focus Statement of Financial Position [Abstract] CURRENT ASSETS Cash and cash equivalents Total current assets TOTAL ASSETS LIABILITIES AND STOCKHOLDERS’ EQUITY CURRENT LIABILITIES Accounts payable & Accrued liabilities Total liabilities STOCKHOLDERS’ EQUITY Capital Stock (Note 4) 250,000,000 common shares authorized, $0.0001 par value; 11,500,000 and 9,000,000 shares issued and outstanding at March 31, 2012 and September 30, 2011 Additional paid-in capital Deficit accumulated during the development stage Total Stockholders’ Equity TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY Capital Stock common shares par value Capital Stock shares authorized Capital Stock shares issued and outstanding Income Statement [Abstract] REVENUES EXPENSES General & Administrative Professional Fees Loss Before Income Taxes Provision for Income Taxes Net Loss PER SHARE DATA: Basic and diluted loss per common share Basic and diluted weighted average common shares outstanding Statement [Table] Statement [Line Items] Inception - September 13, 2011 Common shares issued to Founder for cash at $0.0001 per share (par value $0.0001) on September 13, 2011 Loss for the period from inception on September 13, 2011 to September 30, 2011 Balance - September 30, 2011 Common shares issued to Investors for cash at $0.015 per share (par value $0.0001) on March 14, 2012 Net Loss for the period ended March 31, 2012 Balance - March 31, 2012 Statement of Cash Flows [Abstract] OPERATING ACTIVITIES Net Loss Changes in Operating Assets and Liabilities: Increase (decrease) in accounts payable and accrued liabilities Net cash used in operating activities FINANCING ACTIVITIES Capital Stock issued for cash Net cash provided by financing activities INCREASE IN CASH AND CASH EQUIVALENTS CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD CASH AND CASH EQUIVALENTS AT END OF PERIOD Supplemental Cash Flow Disclosures: Cash paid for: Interest expense Income taxes Notes to Financial Statements NATURE OF BUSINESS GOING CONCERN SIGNIFICANT ACCOUNTING POLICIES INCOME TAXES SHAREHOLDER EQUITY RELATED PARTY TRANSACTIONS COMMITMENTS AND CONTINGENCY SUBSEQUENT EVENTS Assets, Current Assets Liabilities Stockholders' Equity Attributable to Parent Liabilities and Equity Income (Loss) from Continuing Operations before Equity Method Investments, Income Taxes, Extraordinary Items, Noncontrolling Interest Shares, Issued Net Cash Provided by (Used in) Operating Activities Net Cash Provided by (Used in) Financing Activities Cash and Cash Equivalents, Period Increase (Decrease) EX-101.PRE 10 fsnc-20120331_pre.xml XBRL PRESENTATION FILE XML 11 report.css IDEA: XBRL DOCUMENT /* Updated 2009-11-04 */ /* v2.2.0.24 */ /* DefRef Styles */ ..report table.authRefData{ background-color: #def; border: 2px solid #2F4497; font-size: 1em; position: absolute; } ..report table.authRefData a { display: block; font-weight: bold; } ..report table.authRefData p { margin-top: 0px; } ..report table.authRefData .hide { background-color: #2F4497; padding: 1px 3px 0px 0px; text-align: right; } ..report table.authRefData .hide a:hover { background-color: #2F4497; } ..report table.authRefData .body { height: 150px; overflow: auto; width: 400px; } ..report table.authRefData table{ font-size: 1em; } /* Report Styles */ ..pl a, .pl a:visited { color: black; text-decoration: none; } /* table */ ..report { background-color: white; border: 2px solid #acf; clear: both; color: black; font: normal 8pt Helvetica, Arial, san-serif; margin-bottom: 2em; } ..report hr { border: 1px solid #acf; } /* Top labels */ ..report th { background-color: #acf; color: black; font-weight: bold; text-align: center; } ..report th.void { background-color: transparent; color: #000000; font: bold 10pt Helvetica, Arial, san-serif; text-align: left; } ..report .pl { text-align: left; vertical-align: top; white-space: normal; width: 200px; word-wrap: break-word; } ..report td.pl a.a { cursor: pointer; display: block; width: 200px; } ..report td.pl div.a { width: 200px; } ..report td.pl a:hover { background-color: #ffc; } /* Header rows... */ ..report tr.rh { background-color: #acf; color: black; font-weight: bold; } /* Calendars... */ ..report .rc { background-color: #f0f0f0; } /* Even rows... */ ..report .re, .report .reu { background-color: #def; } ..report .reu td { border-bottom: 1px solid black; } /* Odd rows... */ ..report .ro, .report .rou { background-color: white; } ..report .rou td { border-bottom: 1px solid black; } ..report .rou table td, .report .reu table td { border-bottom: 0px solid black; } /* styles for footnote marker */ ..report .fn { white-space: nowrap; } /* styles for numeric types */ ..report .num, .report .nump { text-align: right; white-space: nowrap; } ..report .nump { padding-left: 2em; } ..report .nump { padding: 0px 0.4em 0px 2em; } /* styles for text types */ ..report .text { text-align: left; white-space: normal; } ..report .text .big { margin-bottom: 1em; width: 17em; } ..report .text .more { display: none; } ..report .text .note { font-style: italic; font-weight: bold; } ..report .text .small { width: 10em; } ..report sup { font-style: italic; } ..report .outerFootnotes { font-size: 1em; } XML 12 R9.htm IDEA: XBRL DOCUMENT v2.4.0.6
SIGNIFICANT ACCOUNTING POLICIES
6 Months Ended
Mar. 31, 2012
Notes to Financial Statements  
SIGNIFICANT ACCOUNTING POLICIES

NOTE 3. SIGNIFICANT ACCOUNTING POLICIES

 

The significant accounting policies followed are:

 

USE OF ESTIMATES

 

The Company prepares its financial statements in conformity with accounting principles generally accepted in the United States of America (“GAAP”), which require management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements, and reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.

 

Due to the limited level of operations, the Company has not had to make material assumptions or estimates other than the assumption that the Company is a going concern.

 

BASIS OF PRESENTATION

 

The accompanying unaudited interim financial statements and related notes have been prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”) for the interim financial information, and with the rules and regulations of the United States Securities and Exchange Commission (“SEC”) to Form 10-Q and Article 8 of Regulation S-X.  Accordingly, they do not include all of the information and footnotes required by U.S. GAAP for complete financial statements.  The unaudited interim financial statements furnished reflect all adjustments (consisting of normal recurring accruals) which are, in the opinion of management, necessary to a fair statement of the results for the interim period presented.  Unaudited interim results are not necessarily indicative of the results for the full fiscal year.  These financial statements should be read in conjunction with the financial statements of the Company for the period from September 13, 2011 (inception) through September 30, 2011 and notes thereto contained in the information filed as part of the Company’s Registration Statement on Form S-1, of which this Prospectus is a part.

 

FINANCIAL INSTRUMENTS

 

The Company’s balance sheet includes certain financial instruments. The carrying amounts of current assets and current liabilities approximate their fair value because of the relatively short period of time between the origination of these instruments and their expected realization.

 

CASH AND CASH EQUIVALENTS

 

All cash, other than held in escrow, is maintained with a major financial institution in the United States. Deposits with this bank may exceed the amount of insurance provided on such deposits. Temporary cash investments with an original maturity of three months or less are considered to be cash equivalents.

 

DEFERRED INCOME TAXES AND VALUATION ALLOWANCE

 

The Company accounts for income taxes under FASB ASC 740 “Income Taxes.”  Under the asset and liability method of FASB ASC 740, deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statements carrying amounts of existing assets and liabilities and their respective tax bases.  Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled.  Under FASB ASC 740, the effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period the enactment occurs.  A valuation allowance is provided for certain deferred tax assets if it is more likely than not that the Company will not realize tax assets through future operations.

 

NET INCOME (LOSS) PER COMMON SHARE

 

Net income (loss) per share is calculated in accordance with FASB ASC 260, “Earnings Per Share.”  The weighted-average number of common shares outstanding during each period is used to compute basic earning or loss per share.  Diluted earnings or loss per share is computed using the weighted average number of shares and diluted potential common shares outstanding.  Dilutive potential common shares are additional common shares assumed to be exercised.

 

Basic net income (loss) per common share is based on the weighted average number of shares of common stock outstanding at March 31, 2012.  As of March 31, 2012, the Company had no dilutive potential common shares.

 

REVENUE AND COST RECOGNITION

 

The Company has no current source of revenue; therefore the Company has not yet adopted any policy regarding the recognition of revenue or cost.

 

ADVERTISING

 

Advertising costs are expensed as incurred.  No advertising costs have been incurred as of March 31, 2012.

 

RECENTLY ACCOUNTING PRONOUNCEMENTS

 

Except for rules and interpretive releases of the SEC under authority of federal securities laws and a limited number of grandfathered standards, the FASB Accounting Standards Codification™ (“ASC”) is the sole source of authoritative GAAP literature recognized by the FASB and applicable to the Company.  Management has reviewed the aforementioned rules and releases and believes any effect will not have a material impact on the Company’s present or future financial statements.

EXCEL 13 Financial_Report.xls IDEA: XBRL DOCUMENT begin 644 Financial_Report.xls M[[N_34E-12U697)S:6]N.B`Q+C`-"E@M1&]C=6UE;G0M5'EP93H@5V]R:V)O M;VL-"D-O;G1E;G0M5'EP93H@;75L=&EP87)T+W)E;&%T960[(&)O=6YD87)Y M/2(M+2TM/5].97AT4&%R=%]F,39A.3)B,U\T9&%D7S1E93E?.3$Q9E\Y93`S M8C8U,6,W8CDB#0H-"E1H:7,@9&]C=6UE;G0@:7,@82!3:6YG;&4@1FEL92!7 M96(@4&%G92P@86QS;R!K;F]W;B!A'!L;W)E&UL;G,Z=CTS1")U&UL;G,Z;STS1")U&UL/@T*(#QX.D5X8V5L5V]R:V)O;VL^#0H@(#QX M.D5X8V5L5V]R:W-H965T5]);F9O#I%>&-E;%=O#I% M>&-E;%=O#I% M>&-E;%=O#I.86UE/E-T871E;65N='-?;V9?3W!E M#I.86UE/@T*("`@(#QX.E=O#I%>&-E;%=O#I.86UE/E-H87)E:&]L9&5R#I7 M;W)K#I7;W)K#I7;W)K#I%>&-E;%=O#I%>&-E;%=O#I%>&-E M;%=O#I%>&-E;%=O#I7;W)K#I7;W)K#I.86UE/@T*("`@(#QX M.E=O#I%>&-E;%=O M6QE#I!8W1I=F53 M:&5E=#X-"B`@/'@Z4')O=&5C=%-T#I0#I0#I0&UL/CPA6V5N M9&EF72TM/@T*/"]H96%D/@T*("`\8F]D>3X-"B`@(#QP/E1H:7,@<&%G92!S M:&]U;&0@8F4@;W!E;F5D('=I=&@@36EC'10 M87)T7V8Q-F$Y,F(S7S1D861?-&5E.5\Y,3%F7SEE,#-B-C4Q8S=B.0T*0V]N M=&5N="U,;V-A=&EO;CH@9FEL93HO+R]#.B]F,39A.3)B,U\T9&%D7S1E93E? M.3$Q9E\Y93`S8C8U,6,W8CDO5V]R:W-H965T'0O:F%V87-C3X-"B`@("`\=&%B;&4@8VQA2!) M;F9O'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@ M/'1R(&-L87-S/3-$'0^665S/'-P86X^/"]S<&%N/CPO M=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$2!#;VUM;VX@4W1O8VLL(%-H M87)E'0^43(\3X-"CPO:'1M;#X-"@T*+2TM+2TM/5].97AT4&%R M=%]F,39A.3)B,U\T9&%D7S1E93E?.3$Q9E\Y93`S8C8U,6,W8CD-"D-O;G1E M;G0M3&]C871I;VXZ(&9I;&4Z+R\O0SHO9C$V83DR8C-?-&1A9%\T964Y7SDQ M,69?.64P,V(V-3%C-V(Y+U=O'0O:'1M;#L@8VAA6%B;&4@)F%M<#L@06-CF5D+"`D,"XP,#`Q('!A7!E.B!T97AT+VAT;6P[(&-H87)S970] M(G5S+6%S8VEI(@T*#0H\:'1M;#X-"B`@/&AE860^#0H@("`@/$U%5$$@:'1T M<"UE<75I=CTS1$-O;G1E;G0M5'EP92!C;VYT96YT/3-$)W1E>'0O:'1M;#L@ M8VAA3X-"CPO:'1M;#X-"@T*+2TM+2TM/5]. M97AT4&%R=%]F,39A.3)B,U\T9&%D7S1E93E?.3$Q9E\Y93`S8C8U,6,W8CD- M"D-O;G1E;G0M3&]C871I;VXZ(&9I;&4Z+R\O0SHO9C$V83DR8C-?-&1A9%\T M964Y7SDQ,69?.64P,V(V-3%C-V(Y+U=O'0O:'1M;#L@8VAA7!E(&-O;G1E;G0],T0G=&5X="]H=&UL.R!C:&%R&5S/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M/B@Q M,"PT,S8I/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S&5S/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#XF;F)S<#LF;F)S M<#L\'0O:F%V M87-C3X-"B`@("`\=&%B M;&4@8VQA'0^)FYB'0^)FYB'0^)FYB'0^)FYB M7!E.B!T97AT+VAT;6P[(&-H87)S970](G5S+6%S8VEI(@T*#0H\:'1M;#X- M"B`@/&AE860^#0H@("`@/$U%5$$@:'1T<"UE<75I=CTS1$-O;G1E;G0M5'EP M92!C;VYT96YT/3-$)W1E>'0O:'1M;#L@8VAA2!F:6YA;F-I;F<@86-T:79I=&EE'0^)FYB'0^)FYB'0^ M)FYB7!E.B!T97AT M+VAT;6P[(&-H87)S970](G5S+6%S8VEI(@T*#0H\:'1M;#X-"B`@/&AE860^ M#0H@("`@/$U%5$$@:'1T<"UE<75I=CTS1$-O;G1E;G0M5'EP92!C;VYT96YT M/3-$)W1E>'0O:'1M;#L@8VAA'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\ M+W1R/@T*("`@("`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`S8C8U,6,W M8CD-"D-O;G1E;G0M3&]C871I;VXZ(&9I;&4Z+R\O0SHO9C$V83DR8C-?-&1A M9%\T964Y7SDQ,69?.64P,V(V-3%C-V(Y+U=O'0O:'1M;#L@8VAA7!E(&-O;G1E;G0],T0G=&5X="]H=&UL.R!C:&%R'0^/'-P86X^/"]S M<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$6QE M/3-$)V9O;G0Z(#$P<'0@5&EM97,@3F5W(%)O;6%N+"!4:6UEF%T:6]N#0IO9B!A2!H87,@;F]T('EE="!E;65R9V5D(&9R M;VT@:71S(&1E=F5L;W!M96YT#0IS=&%G92P@87,@;F]T(&5S=&%B;&ES:&5D M(&%N(&]N9V]I;F<@6QE/3-$)V9O;G0Z(#$P<'0@5&EM97,@ M3F5W(%)O;6%N+"!4:6UE2!W:6QL(&)E('-U8V-E6QE/3-$)V9O;G0Z(#$P<'0@5&EM97,@3F5W(%)O;6%N M+"!4:6UE2!W:6QL(&%T=&%I M;B!P2!A9&IU7!E.B!T97AT+VAT;6P[(&-H M87)S970](G5S+6%S8VEI(@T*#0H\:'1M;#X-"B`@/&AE860^#0H@("`@/$U% M5$$@:'1T<"UE<75I=CTS1$-O;G1E;G0M5'EP92!C;VYT96YT/3-$)W1E>'0O M:'1M;#L@8VAA'0^/'`@ M6QE/3-$)V9O;G0Z(#$P<'0@5&EM M97,@3F5W(%)O;6%N+"!4:6UE6QE/3-$)V9O;G0Z(#$P<'0@5&EM97,@3F5W(%)O;6%N+"!4 M:6UE2!H87,@;F]T(&AA9`T*=&\@;6%K92!M871E M6QE/3-$)V9O;G0Z(#$P<'0@5&EM97,@3F5W(%)O M;6%N+"!4:6UE&-H86YG90T*0V]M M;6ES2!5+E,N($=!05`@9F]R(&-O;7!L M971E(&9I;F%N8VEA;"!S=&%T96UE;G1S+B`F(S$V,#M4:&4@=6YA=61I=&5D M(&EN=&5R:6T@9FEN86YC:6%L('-T871E;65N=',-"F9U0T*=&\@82!F86ER('-T871E;65N="!O M9B!T:&4@65A28C,30V.W,@8F%L86YC92!S M:&5E="!I;F-L=61E6EN9R!A;6]U;G1S(&]F(&-U&EM871E('1H96ER(&9A:7(@=F%L M=64@8F5C875S92!O9B!T:&4@2!S:&]R="!P97)I;V0-"F]F M('1I;64@8F5T=V5E;B!T:&4@;W)I9VEN871I;VX@;V8@=&AEF%T:6]N+CPO<#X-"@T* M/'`@6QE/3-$ M)V9O;G0Z(#$P<'0@5&EM97,@3F5W(%)O;6%N+"!4:6UE6QE/3-$)V9O;G0Z(#$P<'0@5&EM97,@3F5W(%)O;6%N+"!4 M:6UE2!A8V-O=6YT&5S('5N M9&5R($9!4T(@05-#(#&5S+B8C,30X.R`F M(S$V,#M5;F1E2!M971H;V0@;V8@ M1D%30B!!4T,@-S0P+"!D969E"!A"!R871E'!E8W1E9`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`[36%N86=E;65N="!H87,- M"G)E=FEE=V5D('1H92!A9F]R96UE;G1I;VYE9"!R=6QE2!E9F9E8W0@=VEL;"!N;W0@:&%V92!A(&UA M=&5R:6%L(&EM<&%C="!O;B!T:&4@0V]M<&%N>28C,30V.W,@<')E6QE/3-$)VUA3X-"CPO:'1M M;#X-"@T*+2TM+2TM/5].97AT4&%R=%]F,39A.3)B,U\T9&%D7S1E93E?.3$Q M9E\Y93`S8C8U,6,W8CD-"D-O;G1E;G0M3&]C871I;VXZ(&9I;&4Z+R\O0SHO M9C$V83DR8C-?-&1A9%\T964Y7SDQ,69?.64P,V(V-3%C-V(Y+U=O'0O:'1M;#L@8VAA M'0^/'`@6QE/3-$)V9O;G0Z(#$P<'0@5&EM97,@3F5W(%)O;6%N+"!4:6UE M&%B;&4@:6YC;VUE(&EN(&9U='5R M92!P97)I;V1S+B8C,38P.R8C,38P.U1H92!T87@-"F)E;F5F:70@9F]R('1H M92!P97)I;V1S('!R97-E;G1E9"!I2!R871E6QE/3-$)VUA3X-"CPO:'1M;#X-"@T*+2TM+2TM/5].97AT4&%R=%]F,39A.3)B M,U\T9&%D7S1E93E?.3$Q9E\Y93`S8C8U,6,W8CD-"D-O;G1E;G0M3&]C871I M;VXZ(&9I;&4Z+R\O0SHO9C$V83DR8C-?-&1A9%\T964Y7SDQ,69?.64P,V(V M-3%C-V(Y+U=O'0O:'1M;#L@8VAA'0^/'`@6QE/3-$)V9O;G0Z(#$P<'0@5&EM97,@3F5W(%)O;6%N M+"!4:6UE6QE/3-$)V9O;G0Z(#$P M<'0@5&EM97,@3F5W(%)O;6%N+"!4:6UE'0O:F%V87-C3X-"B`@("`\=&%B;&4@8VQA'0^/'-P86X^ M/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$ M'0^/'`@6QE/3-$)V9O;G0Z(#$P<'0@5&EM97,@3F5W(%)O M;6%N+"!4:6UE2!S;VQD(#DL,#`P+#`P,"!S:&%R97,@;V8@ M8V]M;6]N#0IS=&]C:R!T;R!I=',@9F]U;F1E6QE/3-$)V9O;G0Z(#$P<'0@5&EM97,@3F5W M(%)O;6%N+"!4:6UE2!I2P@:6X@=&AE(&9U='5R M92P@8F5C;VUE(&EN=F]L=F5D(&EN(&]T:&5R(&)U2!D M;V5S(&YO="!O=VX@;W(@;&5A2!T:&4@9F]U;F1E2!T M;R!U6QE/3-$)V9O;G0Z(#$P<'0@5&EM97,@ M3F5W(%)O;6%N+"!4:6UE7!E.B!T97AT+VAT;6P[(&-H87)S970](G5S+6%S8VEI(@T* M#0H\:'1M;#X-"B`@/&AE860^#0H@("`@/$U%5$$@:'1T<"UE<75I=CTS1$-O M;G1E;G0M5'EP92!C;VYT96YT/3-$)W1E>'0O:'1M;#L@8VAA'0^ M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L M87-S/3-$6QE/3-$)VUA6QE/3-$)V9O;G0Z(#$P<'0@5&EM97,@3F5W(%)O;6%N+"!4 M:6UE2!M87D@8F4@82!P87)T>2!T;R!L:71I M9V%T:6]N(&UA='1E2X@)B,Q-C`[36%N86=E;65N="!B96QI979E28C,30V.W,@9FEN86YC:6%L M('!O7!E.B!T97AT+VAT;6P[ M(&-H87)S970](G5S+6%S8VEI(@T*#0H\:'1M;#X-"B`@/&AE860^#0H@("`@ M/$U%5$$@:'1T<"UE<75I=CTS1$-O;G1E;G0M5'EP92!C;VYT96YT/3-$)W1E M>'0O:'1M;#L@8VAA2!S:&]U;&0@8F4@9&ES8VQO7!E.B!T97AT+VAT;6P[(&-H87)S970](G5S+6%S8VEI(@T*#0H\ M>&UL('AM;&YS.F\],T0B=7)N.G-C:&5M87,M;6EC'1087)T7V8Q-F$Y,F(S7S1D861?-&5E.5\Y,3%F7SEE,#-B +-C4Q8S=B.2TM#0H` ` end XML 14 R8.htm IDEA: XBRL DOCUMENT v2.4.0.6
GOING CONCERN
6 Months Ended
Mar. 31, 2012
Notes to Financial Statements  
GOING CONCERN

NOTE 2. GOING CONCERN

 

The Company’s financial statements are prepared using accounting principles generally accepted in the United States of America applicable to a going concern which contemplates the realization of assets and liquidation of liabilities in the normal course of business.  The Company has not yet emerged from its development stage, as not established an ongoing source of revenues sufficient to cover its operating cost, and requires additional capital to commence its operating plan.  The ability of the Company to continue as a going concern is dependent on the Company obtaining adequate capital to fund operating losses until it becomes profitable.  If the Company is unable to obtain adequate capital, it could be forced to cease operations.  These factors raise substantial doubt about its ability to continue as a going concern.

 

In order to continue as a going concern, the Company will need, among other things, additional capital resources.  Management’s plan to obtain such resources for the Company include, obtaining capital from management and significant stockholders sufficient to meet its minimal operating expenses.  However, management cannot provide any assurance that the Company will be successful in accomplishing any of its plans.

 

There is no assurance that the Company will be able to obtain sufficient additional funds when needed or that such funds, if available, will be obtainable on terms satisfactory to the Company.  In addition, profitability will ultimately depend upon the level of revenues received from business operations.  However, there is no assurance that the Company will attain profitability. The accompanying financial statements do not include any adjustments that might be necessary if the Company is unable to continue as a going concern.

XML 15 R2.htm IDEA: XBRL DOCUMENT v2.4.0.6
Balance Sheets (Unaudited) (USD $)
Mar. 31, 2012
Sep. 30, 2011
Statement of Financial Position [Abstract]    
Cash and cash equivalents $ 33,456 $ 8,900
Total current assets 33,456 8,900
TOTAL ASSETS 33,456 8,900
Accounts payable & Accrued liabilities 600 2,000
Total liabilities 600 2,000
Capital Stock (Note 4) 250,000,000 common shares authorized, $0.0001 par value; 11,500,000 and 9,000,000 shares issued and outstanding at March 31, 2012 and September 30, 2011 1,150 900
Additional paid-in capital 45,350 8,100
Deficit accumulated during the development stage (13,644) (2,100)
Total Stockholders’ Equity 32,856 6,900
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 33,456 $ 8,900
XML 16 R6.htm IDEA: XBRL DOCUMENT v2.4.0.6
Statements of Cash Flows (Unaudited) (USD $)
6 Months Ended
Mar. 31, 2012
Mar. 31, 2012
Statement of Cash Flows [Abstract]    
Net Loss $ (11,544) $ (13,644)
Increase (decrease) in accounts payable and accrued liabilities (1,400) 600
Net cash used in operating activities (12,944) (13,044)
Capital Stock issued for cash 37,500 46,500
Net cash provided by financing activities 37,500 46,500
INCREASE IN CASH AND CASH EQUIVALENTS 24,556 33,456
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD 8,900   
CASH AND CASH EQUIVALENTS AT END OF PERIOD 33,456 33,456
Interest expense      
Income taxes      
ZIP 17 0001161697-12-000371-xbrl.zip IDEA: XBRL DOCUMENT begin 644 0001161697-12-000371-xbrl.zip M4$L#!!0````(`.]QKT#26=7++AT``&C````1`!P`9G-N8RTR,#$R,#,S,2YX M;6Q55`D``T*=LD]"G;)/=7@+``$$)0X```0Y`0``[%UM<^*XLOY^J^Y_T,FI M.K5;%1)>DLQ,YN440\@LM3,D&\CL[J=;PA:@'6-S)#L)Y]??[I;\!H88`I-) M-OMAAV!+_72K]72K)9MW_[Z;>.Q&*"T#__U>[:"ZQX3O!*[T1^_WKGN59J_5 MZ>RQ?W_XW_]A\-^[?U0J[%P*SSUE9X%3Z?C#X"WK\HDX99^$+Q0/`_66?>5> MA-\$Y](3BK6"R=03H8`+1M(I:QS4'5:IE.CVJ_#=0%U?=9)NQV$X/3T\O+V] M/?"#&WX;J&_ZP`G*==<+(N6(I"\=.))[O@BQEX.[(8`_XR%G=UJ^W\OH=-LX M"-3HL%ZMU@[_^/*YYXS%A%>DKT/N.V(O;N5)_UM1N]J;-V\.Z6I\Z\*=*#R6 MT3C$RP.NTYX1X(K[%Y#`53=,&F1O/CXT%W.WRL);3\RM,K[5%7/W:>$*``#5U3@"5W8AJX4-/(#WX\FQ;C<4!V&LZDXA)LJ<)=0TDG:W=\HWP`P MX-?%Z.A*`;KS7K>5-I!*A]F9<^<$:@I3<$(MJPUH%\\4]*Y333Y\)8:,'/-T M3,,UU+Y3B1L#ZDZL0]I=<6F@$UQHVLWJEX-]BYVM.D_"SO\'6>\D\'MAX'S[(B8#H1[-\JDQQ6@B M,G,YN>0"F+NI)QT9&JS,E7"G61781.<4,UN![=O_B0`W9O6!#W_JYIW4>Q_B MVQ;T?G=8*"(+[[`8W[-TF6R:!*T)" M7PFN(S7[^XU^@>8O86%56'AQE1^#*KYG:'@9\Q]CS!\K/#1=5X9@/NY=_.#']8/'"BU7(N32%VZ;*U_Z M(_VW] MLP6S3&BM*C[8@R*G<$_<67PI+P)[6])_;\R5T$M%6*>BFS:6`?@NE\AQY0V, MQZ)ML6T7CXW@>:[%&;>&#>8Q%O6:$7HF_&`B_?O$WF^7>;E%'`LFB.)>QW?%W:]B5EIZ=A(N[2TK[BQP(J2Q_FQ:7D?XZC?3 M?[9Y4;>7-`_;)GTIW7^6#)?VEA77A*LNWG'N\5%I,4/N:6$DY#K(]MR*E,*O MI7:X]Z?@:EU=*O$9BU6]+3K`[\+S?O6#6[\'O@[AR^UH'0$+EQ7;#;(.L*2W M1;%?`R_R(4.=T7%.O:&XN5X*W-O8X4I,`Q5"\#4G*4M+^Q.IX+[>%J42FA:8 M>Q2H\E.J-^$>'FU-NJ=#KMR?92'DNBZ:"&;(C0.?PW?EE?VMGI\$"STM%X<> MMIXP_%PD+NFI8"S3W3X3>BZB$(,R'BS.R9T[6L:0=NF"C5C,%8X$8^OW>YWN M.;!,[9A.T^:&>H6P&%JR#84L#D^MS;8'K&[J$O*UJ5E[$IKHL2'"<`-A=7_(9'W@"'`2^@0%U M/TL^D)X,I=A8Q9.<^!*"M@6NC''JU8>BV[:%-A>UOKX%LO"D^*DMMQ(E=X-0 M&%JF_,(%HZP=#!9Q8!QX=[BFL"UB+&,KFC<;0KRGD+VIV8Z.&\=9?RWN_0$@ M2A%*K;H^AC-Q([Q@BMD'I'(C`:%?J*F26IR)(=9D8*9%D\B#=,L]BQ28Y"'B_Y`PMPNS>H@GRP?X^,=N`M7Z"4!;5`C':-)ZH\9*K]3+QRR7K MA>H!5C\*:+A(VH.A%5IKM]#,;XF_I6_=@^IU@`:%[&@\"4RC*V M!V;;2<=*5&LE'3M).#:&E^Z`W`@_$J6K`VLNYU9U7_14T!:[+WH89LWNS3/. M'N;U[D3Z5*T-Y8UHWTV%KTO7_U:-X:N3XS^(K,6IY M?*\>8+]+%0R%UI2-GHN-)T$^:+]^?9P"FI>P"8)UAZS^:ML(UAV4X[5LT/&= M8"(^!UJCN!:(EWX$5'4QQ:TC:*8_BF&@A+FOS^^$_B)]B`;AK(,)J]`A#'B^ M%Y-[?!$0->#*#=R"*>M6!K@"82&[/OB.\'\PRZWKF&#HH\;)B^76GU#S:])' MMQQT:3GU(U#N4(8[RA_6D+:%=&(MW1Z<771%F([`+I@I)V!MZ0^=W0^3_M`9 MLE)Z?-SG4BC*E#]R+1V8$&?2B\*Y94S9L5BU[$MAW2-Y"T#O';8?!>B]([Q5 MH+1$FKOVNY"C,?S;O`'6'(GL.CRS8CJ+#*6N[Q5+\+^IOX:I$B_;'H1IM]JM M=J5EVIV+;57KUTR2[4W]=N7.&F-OHVH8E MEAR,WIT)2@N#\R#R7:'.`T5G2$)3_X[#=%SH M-M]>^#TQ#4G?6@-A;",E?).IC6X;WP^A_4JJO+=<_#Q-LII&5V[:/T^#E"76 M9?OVS]DV]S+NRG4\8:?J2:#L44P0!:M.``,&7T#5#Y(O&M5MD9S=T7\PEN^M MU/W<]=AF+T,ECXYQK=G]Z&C+S;?=^_='[N$K;7%(L9'LX'A3]=PYN M\SB\,KON9TK1_?EZP_:6.L2P_UXV=KBLWIJ/'J&9ME"[EY5X2YE*$-*PJ7 MH#1JVZ*L>,^ME,!=H'M@(KTM%`]-EK>%8WL)\;80;1+(-W&JS"8VCH4X$^;? MCK_V`S$;[S\?96OPFP'9I3IKYO+;5P;&$MGR4@7X"+K[<7:M!3BI/;;ACYI. M*&^V.![U-W-[XB6E;QOWVGOYU>W@AB:.$"Z=;\'0A2GQQ3##F%LY\6>RUM(R MMP1R/9L>G3P,Y)(Q.)<^--VZY\Z9M+SP;<-^D)$WAUW\U*WA_WDFVH:]ZT?' M]S_)7"Q^^]#77#.6>0B['/3X:-S#CG???\BLA)2-#Y=1RI`Y]K=E)[TVX&DG_E%6GX=Z_1N%; MO'@XI4__K#7L_[(-AB#EE-7@?M:7$]"Q*V[953#A_K[Y8I_UP)^&;UG2==+Q M`#]T+_IM5CM@W6;_^JK-+L[9Q^M>I]ON]4CV8+X&2+F>!SY)B%$&I-?;Q9]?`3BGD M3LBD9AQF>/*8(8`U#SP:>=`]A\1+N1BQV*T,Q^R\V?O(FKT6>U,[9JB@1)"6 M9;F7>6G',%`L\P0CHT<8"0R]60*(F&Q&[;.PTD]9U24XH^]J%@8Q7L9]T+/B M@=O:GYIC]K?F$/\$Y\`,;>*#G:=E@[KO,@<\CB;_+![;C(2%"B@(+-U)!--5L:N(5H;!:#,Q!6`,/Q]N+7.P7Z#7"Y)=LH;A# M9ZT&H+(`9`E$:@2KL=@WLJ,+UA!<>;/87OJ;]#QP/(_[HR@>'1Q\)<;F)6]D M,>V,@\!CH(]+'$%:<1A$1T[1;$8Q:^()6I!,PP:1],(*X-#1%+V"Z9D&GV2W M8^!DAF^80C\)QT$T&L>#$X"G*5\3$K)]`$JH=``]3]Q(2D3!5X'933.I`X_. M>15""R)E_0>FS(0F!0ZLAZ9F7C#CWCZZ#(P4!]X#P+(BGC@R`*V3BXI0&ZSX<) MQEAX4W)^Z0^]2.!TA+80T&:P+!JE[NJ!8\/XK"2-+#FPF!C83V>60Y)]GI^- M\X,G6K^P/;`Q.,)_(JY"5!EB14Q%/:ZX#D*^S\X_FV&!$9N!QU4$C5%&;*-J M^:B0-XL9='ELB1?ORV)9+N)]"L!Y6L;/GF:TJQ^P3Q>=[B?6NNBVVE?=9Q?H MK+2CD[<:N<2&%AV_9E(CM\(\$\@*+L/1'E&@BO#1C!%!F@*W``=X(']DGE.# M.0WWH`;]&N.G/$IOHN2R!;F'&>CP#XYBDX#_"6=L?&8 MR=2CMM@;\*,G_TLT1!"@/VY>#H-SP9.0(;OF@"Q<\3+E$XO&#]2$7OP0*4TS M<6#].!L=LS-[##/;#T*88B$#PZ@1Z#($WZ5YE^%]$UPP_.XSVP3H"+23>BQ< M$T>-AII^P15EJ_AA3QT-\>T$&#[`%$X`@9/Z#^*"`'RGPWW240G0$4B9\:0P M".&6:H*$@3J83(B^\GV`&?UY-8V!*(:'&:VI$WH&1Z`V\X,C4?4IX"7'JSG'WE!@;U"-1(87D!#*!FZ%<>((9X@7&"HC9$:/2/7$*5 M!RJQ8>Q#1C2;E[E/2.BIE\AS,1Y!]N'`H*"6M&H+DJ>,YNP#UX80A@+@8,4E M_*6C`;V;$^>*&T2#T`8:M'1LR]7&*V;C)\(?'7!CY8)WKM9Q/S=&E`7X$*G- M0'`(T2.;)').4 M^26X!0)0!DA&(HA!^HAS',0,'!?&2`G@3R(=X MVZ<9CM#05OI)^V"?,EN)'%O&+G/DD(Z8Y:?$\9"6-.;-/CDK)G'*=$L.19?W MF82`<\.EA]WN)T),YR0*Z5"H"?@&C+PV[$&AJ!<,%'"$9"AVC`5Q[3@[E^1?3[31#$4.L&G3]"\OD#7YF!'N8+^UR;= M#5/@PN1VX5QZ2AG-)&NZ#/#MV^*)%H`:!ZS7^=3MG'=:S6Z?-5NMB^MN'W/D MRXO/G5:G_8RJ05G&3[->-K4#"$'%\V#JN)@EGSYE99/RTG6/"GOM7K_SI=FW M8RF?PUC&9&$7,YKB8"$Q27JN#A*&B:'><&RX.>,`#UKR_!1G+:_>?FHV+^._ M7K_]>=\N>&QVGTU`,+'@WPPW4X6#>L6T!#EZ0F4$6\?BPZ%P0KM0PFH0.NB$ M-G79_$HI71KAWZ[4#B3BL+3'&PV3CBC]*6QCS&(DN;:F@9^+K!HO6Q;Q)"$+ M;X@S).9&MF05*T%VI_V.`]9TPL@DAQ`3XYH)9O6N'&*-B&)>.`X@54]L]:2S MG;-(Q,F#)R?D5TG(3T-Z/N&.UZQC[L9+0O0@AM90.#A9QX$D)_6J."OGQI'3 M^Q:S`/D]5S8Q2DB.EU?M7KO;;_8[%]WGPX^YA`W2JD]B@0&W`V$COD-EN*%GQ:."K8W=D&GUP>]`P(RQZO)ZF]1 M&TE$STW2C?H0.**=R!.QBJ/(%+UU3'%Y-#WA`%TE--J^NY7%!W/S'&`P_/4!ZJ()A.=`0OL:!5XE\EFO\D8T(0>K:&NX6;-<#U@O)Q+UA%Q6&) MQ4L/*Q`NN"^^QBNN81;)A94\+$KI1?54X"\H317-3#V.JURXEV13FK\BWVQE M)3Z^='#F*H$Q&JL]Q=>BG0V9[FB$8X6[304[$>1YQNMHO6D7;72:T`[?@K,. MI8=9@\;MJ7"N3IDM`L4_/F(F2SJHOIE?O4IM'UL;?PG'$+XN5:"GX'V1-L$, M!3SI7"'=*NYTFUWZK99.M]>_NOX"0>OY)?39T1^8IT/`^ZD&9SA0,TA+J$R1 M97UPDL@P&*'"#AW[[O]L,?K0_NVZ\[7Y^?GX<]/#DK<>[V=S[['PB`^%=E1P MNX_T-`$WMD1IDBCXYJ_`'#S)>[<,(_*8HNSI@)W!DDKC`MA&`HESQ_]&1PK$ M'1ZA-)D_300J&OMQ(=`6I&ESFTJBKNW+3B0QP;UK_!$:T`?/4B0OC#.(_=BA M/5R)8-ID]YV4@+4)V&],JQ&/#APH.D>F09XR.S4#8?H5Z2&XY^'@9^WS]M55 M^PRXNG7QI?A]-GJS)V-6#R'DD'\5A( M)_'H>?GT,-2KHRI+TVAS9,\X'MY]D";5N;R,-JO,4E:$N3+&C$WHU8!TIBLC M9!_\>B@4N1V_6UHT4*&1R2H,;HP."QNQFHLF2LYB,*X M7FU*%N9:EO8+T[JB$"7N;(J<8B00\\4=$R(@O\08(6\,M`&?VXXZ*ZFU_9VZ M^$R`\#D%'FRE:$T4QZ(DT9Y./;,#PN_LV2H:94M0F-M2Z2U.S;!X$R9DDK42 MBD\BG>$$'(,;X@AP'\`<>O.9N6N/Y^7'&"4+4RX#.BLSXEA`8V9Y1]`3?:7. M>H+TY_3+!'D2BO8RJ:D#"45N")J4-]A%&A:8B7>E3JF7EF4VJ2D"+7&7C^)% MH+!B]`V3#8HIN`A)SN(M;L_"59,ZB&QW<2IO73JSA_24Z2>AWFZ['[/N3Y\O M>KV?V67[BL'?7X!S>[\TKYX)WW9-3HQ.^1,>M_@9G9(.!Y)WP0K3,;^)L>PT M*D'!N5,_@;F3LG#\"!B[A/[H0T.*1Z,SZF80#! M1,N\2-X6@P4'9K!+4&G6J9!7FQ,@2_B3/3,,9U] MAZ.(T2_<358Q'<<\%V948%8%4_I*U+#X33W=B)C"8M><%EFJXP(R9.AE[1!; M]K`$731GC^P-6+)-V%'<">5(L-23GJ_T5D(\M%G@Q%GS,$IFMB]0!Z>&DK/_QD-&3B:Q1HQ)&/4?7U#9_?;X2C_4.XPUQN6?)T#[I$4H8 M]:K]M=V];IL%VT6OSZ[:K8M/W<[SJICG-UJ2NL#"R;ZWILR%+Z[.E:T03/9@ M(7<#*GC3+B5N,<^P\LRIOFLK!Y1?Q)4`VSVC&JW>9='J<3=>FF=?VU?]3J_3 M_?0\G*?I`@F%4L='.M.4UM>FR@D,A]Z4RV&[D$.G#>VF)S9.]UOB9MC%`B<] M%VIIM;O]SW_F#IY<773A2AIQ`3UZCMG,"4CAO&H9V MIFFR-K@7?#5>3O&%T@$3*'..7Z3:J""'+5FD3:/(*)4CVU,]B%%9)AW(5YE1 MXB7+3:Y5R;EM2<;V.I%:[9<*=*UHI)F"MN-6@+GMCGJM+`3QK$;-/9#-E,$Q M]N87"S".Q,I\9N;A)^SA>CD7$,(4FD/_`9=0TL&;2RN@']GFG-19^&ZC-E%? M2&/Q1^I0E<+1L3C\9Y,)4#[M&50EDA)49$P5T/)JZ"?G$"UJ(@A0Q3S+50OP M!@+<5R%6<;EHQ5&0+%O"Z@P#J+L*N*F<'1$.A_,8^\L:R#0J']3HE[T-0@)H M7XTN0RO*CT$4@*"1!NH;)O\^_K.06:XBE8VTK()M\OS[N]OHN_U\0I#FYW MP_L[VE1`S,%EY^=NG(M)JN9_,ZQQ'1AIW?) M548X"'=3[8NU,XD19MTX*KPC40',M)8HVST:8O3&P9F+/.73-09Y\+;1":&_ M)'K*QM%AW'[-@O`N,(NBN$D`%V5+"\!PZCG2'!QSI'ENVH].,)*Z>3]H-W[> M`3Z3GBU:JUQGBH\$G6=&2>SAIIC9$4O9N;S'0-:^#6X`KX$5;[5FISZ(!;&N MSV>E*Y7K=^@'++@#1$,+=CZTHG[O_'30ZT97I_W!;33HGUY9C\TE;95 MI58>)F>&`E5(465`>4D^!3;2&VL9)$-F.,WF<9`670+P-ZI_\]VY5(P@I[,F5(JJ8,<#RH1_0X$M`&(8+(L9E* M'PH+TKV,YEM(WA2JN;.JH6?EDSP;VL#J&=3A.%>+USMDGN2O%`%R6[X1U.5M MU8I>MHN-(O3ED.6'C[T5+FNF`7W4L?_FVW7O]XTVH`@"@\&.G%Y#-BI*&/:# M,FG%M3QV_3S<\RF25)0;AS!D*5S:6,H0ZHJ#UF06YDPE(B'&-6)N^X?>%>B4 MMKY+1(^>/'DU15(GS`*C^R19,/);IUKE%A0)+/HA+6;4W&[:BKSGIG`/*Z43 ME/?`,@6DD^7/W#K[56<=VHR^OO\SS&?I9_S4O_X%4$L#!!0````(`.]QKT#Q M[-B)LP0``+<9```5`!P`9G-N8RTR,#$R,#,S,5]C86PN>&UL550)``-"G;)/ M0IVR3W5X"P`!!"4.```$.0$``,686W.;.!2`WW=F_X.6OFP?,&`GNXV;;(<0 MG#+CX*S!F?:IHV`1,Q7(E43L_/L>84-]QYDICA]\@7.D3^?&.;[\-$\I>B9< M)"R[TJR6J2&216R<9$]7VBC0[<#Q/`T)B;,QIBPC5UK&M$___?D'@M?E7[J. M>@FAXRZZ89'N93'[B'R,?Y=M")VW'(!RWE$JK4$ MBQ),,R+5*JUY#/`W6,*-MFFU#?/64=N(+',1;6!.3>7KX7Z M)4VR[UWU]H@%0>"-3'3G(KG25HXUZ[08?S+:IFD97^[Z030A*=:33'DE(EJI MI5;9I6==7%P8Q=U2=$MR_LAIN4?'*'&JE>%NJ2;K7UCM6:B[%6&K^P(&>4#$F,U"<$1[5KG'`A5[TZCQB?0GBD MAA(UP%UY2C)I9V,WDXE\4;[C:8$.QRG6GG`27VFQR")=A8'960"\.T97ODPA M942B(EY#QF]AOL9463N8$")%'>1.X<:I[C$'PTR(3"),7X6X4[,)7I681+E/ M#.+!5)4J<%NM.0]K-<(Y`8M,&!U#K71_Y!!FM8Q[-9JVHX/%I$?9[%5FW%)J M@M*'*LS)(+[.19(140NX3[X)MEL&3UN'00KPVIJS2[81KR9/61)##D)YBR*6 M0WW+GNX93:*$U'OW&.4FJ#UH75(2XGD]XP[1AK/WUMM6BM8B-^SQ\%^9'#INZSVKG6 M[7OD#['!`S+*:?$$ZL/O-0TRE]`HDW&YCH+ZK4T17%8K0B,+C3`J-5:_PL2` M%NIH3?]$A]C=^%34;4"MGD+P?2F.%O+H[U&&\W$"0?Z^;#1+8LJB-4JJ.EW& MUSV\A"S:V1B+QZ*GS87^A/'4*(8)0J4HKQ2QH)O6LK5]M[S\S19B!9[B1T*+ M_;[U`M\I;QIOQZ<>W2JGX$,5JV=,BRR3#N;\!;*L&'KVX!^INWFZE7BQ>808 MAT()@ZMIEMM@'JW%R?94L90P1)XN8E('/Z>E?LQ9NFWDI4'9J_E7/0$;:VA& MDJ>)!.0W]=SB7$[.5;=],,`JF>,\T3Z])W:>Y;#%+XU=Q><-"M/N<:>J4IV: M*K6F_OYDM;5F"JKPSS;P?^DA%J-?FFOE]F2'V#\F50.517^OZJ%2$1$F0!)^.';X6CHHD$/78\"SW>#X&2T M.X>MBO3#)NGMP/-OD3/P'7?HGRXLCAJV*NJ+3>K`N_6]GN?8?HALQQF,_%`= MXW[0]QS//9VQ=PUD);5E;E)[OC.X( MW/]'7OCU9+BU4UI%W=ZD'KI].W1OT+T]#+^B<&C[@>V$WL`_G;'KQ[8*O[.) M#[%QYX5WKA\&R/9O5$ZJH'9]YW36WSO15=AG6[$RN@X@1@`;N0\*?@&[;%;4 MF_H?'*[\!%!+`P04````"`#O<:]`#]W"R,,&``#.,0``%0`<`&9S;F,M,C`Q M,C`S,S%?9&5F+GAM;%54"0`#0IVR3T*=LD]U>`L``00E#@``!#D!``#=FEUS MVC@4AN]W9O^#EKW9O3#&(;0-;;9#B$D]DY@LF$Y[E1&V")X:B4IR0O[]'AGL M\.$/:#`PFPL"]CG2H_-*1Y*M3Y]GDP`]$2Y\1B\K1K56082ZS//IXV5ET-=: M_;9E59"0F'HX8)1<5BBK?/[G]]\0_'WZ0]-0QR>!UT37S-4L.F(?D8TGI(EN M""4<2\8_HJ\X"-45UO$#PE&;3:8!D01NS"MNHGKUS$6:MD6Q7PGU&!_TK*38 ML933IJX_/S]7*7O"SXS_$%67;5=6YL68'$,A1)!;59;?$W=_\4^/1'4WT,L2`(U*"B.1/^ M966I6<_U*N./^EFM9NC?[F[[[IA,L.93I8I+*K&7*B7-S[BXN-"CN['IAN5L MR(.XCKH>XR0EPUU/)@[+Q@U]?G/9U,\I>@E:^$T1M>26N5A&_:^0"&5:J%]: M;*:I2YIQIM6-ZDQXE5BG*-BB:5OGQ1,O-)A`[-BE4]YA#8,9$^BX.=D),]2R#5XUAHN03W5%W MJK(:R%88SGRO4CC'$)$Q"SQ(J^;/$+I9(6.F1]EQ;&,Q[@3L>:7)>%D-_H MXST+?-INXUP&M06KG`EQ\*R8,<6TY-&[\^`M?^SV2`#CT(.<*U\4,F'!A"*A.!S@4Y&<(E9I/JN9"V3/L M\]@P=V.\-./E"C-66/%"3RVM&A''&(K@;C@DFN=#R$2TE%E4M-S^I!2?2AU, M]86-GEI`^=Q)99K')MC?$7K3^P#$44W:A$R&A.^(N^I:/BL.@MT((X?RN2B3 MK5W18I^#]DDRPF$@?[E3QNZKS'#9I[Y*O+?PCY,,7] M?13@]$U00E\OH%]Q/U@+"K9&"?WY&OVK'V(C].IY#!5RMDX)?V.=?\D'+9P6 ML#%NP-P5QD`]'&$\-:]$^6"$Q3!*"J'0'C&>ZM&C*A)($5^)E@]:S5@\#?ES M$B"J.Z'3M]NIQGJ)\#MX.%KQLUB7ABM\[YVBQ:/R1?I M=,LY:Y[#FRZL$J$CF4%4&\P#Y%%]B;%&G$WR([F(&LMF7XXK(%00X]"#+BM& M[94B8()XEQ7)PY3&'D.<>?=6SWH9C1;4,[^P?Z7[[%6ZU$5GKE2K(J3)E-?4 M3=7.:D<5:`WV>K&*314FPW:O@FPNJ'/5R(TU*T3_OXKR8*0T8%^ZQ&O*-V6\ M-PD7-2]+N_IQM5,/#1CM2^;^N%MLLU)UV[![V+MDJYN]-#GRAP4KH,V.I+W&0JTFNST-: M7CX9=8K1,Z>;X^K4(Q*:1#P3<^K31Y$K4+KQ0UK6/1EEZP#@MA@\\[C*M7 MARU9JZK'4/>$1V;WF$?',N97N[1/IC)JOE&'XHW\>7Q_]9RPEN6T-7,([K=# MW#(A@!+(?.9UH/46=8$&0KJ!Y;#D0KV6H_U;BCQAF=_K:/SD&OE!/N\$2?M@M9]`S4;>#K@9]RS;[ M_4/!IAZO2D`_K(/>="W[!K6[L(GIV0=[1[75Z:H$^F(=NF_=V%;':K=L![7: M[>[`=E0K[KNW5MLR#Q;JM`-8,;116X>V[';WSD1.Z]OA"+./8B6Q^J^U87?M@ MH2X^HY70U]?IH6/<6+?>;IK83Z?*.C#*[ZT$&` M&IE?%?N<=3'5J`]UYAVN_`=02P,$%`````@`[W&O0$+JTG]B$@``[-L``!4` M'`!F-EA:X$XMIOV;DW;#8IC=\82VV<[W8;A,#`2 MG0A51$^2T^3^^B.I+]87DJ)LAV+O"FQUI?>H#\F/R$?RO:?W/S[>>^`!!:&+ M_0]'_9/>$4"^C1W7O_UP=+WH6(O!>'P$P@CZ#O2PCSX<^?CHQQ_^^A=`_KS_ M6Z<#1B[RG#-P@>W.V%_A=V`"[]$9^(A\%,`(!^_`)^AMZ!4\U"ST<1+>7D<47`7\"(W'C5Z[_J]MYT^V^6O>_/^F_.7O<5 M'Q#!:!-F#^@]]I(_L?I[S_4_G]'_W<`0`=(;?GCV&+H?CG+5^G)Z@H/;[JM> MK]_]]>IR8=^A>]AQ?=HK-CI*M6@I/+W^V[=ON^QN*EJ1?+P)O/09I]T43E8R MN>M*Y'-(0ODL?U/\'?=`W MR>5+>(.\(T`E"?V$]7I;*"M1ZNH&.T.!BYVAOQOJLG9+\,F[$T1[5""OK[T* M2QQ!;R?P>4WML"=HMQ;?ZNEO:3*+H-U:.J=9A.W1BY?D5P$X>HS(](.<%#HM M2S+`L4>Q<3@>^='PSXT;/5$3 MC1A[?A1:CVXHJ'2-CD[Z*,'/4TFJ8`RM5%"6*1:+@JTL^)U*_]L,GBT#!,-- M\%0_('$E=7)*`C7/)(Z8,?P18Y,.3-8]WOB1&82Q',>EZPCHS:#KC/T!7+O$ M/))2IT9')XF4X.?I)%4PAE@J*,L4V^H`JD36KR!1,X-I'"Q"8@>B.X0N$`/ MR,-K.FG2O9=;M"^Y5J%O,\KT3A/"C!:3P1\7F#R>/,3RR3HY(C,NW?0)[MF> MAW431@&THU)U&^CIH%'C:E!&*2NU3JZF2"L\2U0!T06Q,LAI'W+,"I%]<>I7NZV(#%U;*@L)- M(WJ?AZBRR$UE`!5JHZ\'FR"@&-W0AMYO"`;BP4`LJHL!=6!3,HCDC.!%#;C* M5ELL#F)Y0!5:'1QB8^47Y'D_^_B+OT`PQ&0Q/@[#367[0T%>KSE9`[MH5@J$ MC2"1"L(RD\9ANC"%@&IV/E-5D.J"6/G']DCU"7L;/X+!$W/\*9\C2>3TDD@` MLTB>DI!!I.$CDY$ETP!,I46&)(/A'*UQ$+G^;>PN)5Y^"<0UKV&EH$M+6:ZL M0>R1`A22Z+L09!J)CQM(2FJ138S-`S*/WN)`O`-2DM++'2[$(F4*(@8QA8=+ ML/.1.'HFLNT18K:Y\5Q[Y&%8WHP7R.@E`P=>D0HY`8.(4$4EH$$L")ADBW/, MUCDG=KF9;B+FT$S&+O&P*%72/-\H5*`TZT@T#"*2`DS1UFK.7^$X\:0".>TV M]^#BA5V\[3,BUWCFC$16]UZ<$&YY/ZXB:`23ZM`)]^62]7>R/<=4VF<-W0U0 MXTQ.LAW&5*#R^9*)&F]/5R/6A3X-79CAT)4X(S51; M\>%4J`S7E5.BUSKW=@!;)F.F"O`*9,H@U0:_I_J&N'I:88BB,%D4UK!1(*O5 M4T\&M^"AQQ,TAF`R=)6=Z.OY?#A9`FNQ&"X79K!F`,,[RW?H7]23^0%ZS-\Y M&L`@>"*&'8NC$]1=45=K7$.3ZA1B'504C6%=$[05%A(E0*QV8-,?:*MN!B$+ M+Y3*2]?BL%4[7&DE3)2+8ZMO-@$[6#`@((P#;FH,''5UG8QI6JD\IU1UC9FC M&@(N4_)R;)V/+\?+\7`!K,D%6"RG@Y]_FEY>#.>+;[_Y_E7_G^_`\%_7X^5O MQA%6S0:7*;1$2@5K7"QM(O&:V>4YRIG!*-L"S"!G/0=; MHUH-H]HB3JV-5D^2V#PWC@N-[3-3++)F-MA78'4UMK.>SZX21/(E0:@,Z`1' M*#Y,9+YS#ADOQ8?%C;6U1?4UKU(6VZ>NVCK%=L-;W7YB!22A[R]H&>#U2_#J M3>^XUV/_`3L^;`[C4V:XB>YPX/X'.USO0[Q^_2?3H MIM;;K)1$W670V#V\!0=@!*Y(^]V!T_XQRS;&)!:DEUDP+#CML#9\D[GZ=Q-W;)L7=YR*V6<#VT(]0L`[<$"6AWKE( M[SC0NZPA:*9#%*R3H8=KB#R9]R_5&-X?K"JBG`(PEU/`V>84<'(Y!<)#Y!1X M+B-7V09KVZA5,V;-6@P)\?'71'GQS(YE:F:PIVX[=,==5+,VL'?9N#:+=8IH M^0 MSI[[-])-%C,,K[%/ADZ4>7/6;$P+I76:6360\]:50+1UHJGAJ\0[,FFP=;TU MSP\0X3"QE"F#F$E9NW7V7"R,(5#\8=9/.H*X-R[ M/LM>%[D/**F,H,ZU6CKYI%B%/*MJ5(SAEAK.,L,2K=1%HZ!I!NMF`5ZA,&3G M$",DG+"J8CIY)0*9)U)9QACF"("5J9(7`U3.#'[$EM8E#L,1Z9(!]LGXNB%# M;#+68C\\1RL.7Z9!%)<[I&B#0F3?):+"7>(;M"9+%)[CP0$6K# MB:BG%8%^ZUUKTU97!%H>;];6K?Z*5WR6B1:('P*2I0Q[C$FO/`&4S&WG9!); MN?*%,$=:_ZLDA%RE?474F.E"CH\S:SRX=-(`A$P&E!9`"];089TN\(S%#`MA-K%LEB<9T4J0.=9XM(UIC!I09@ M9709SL'B)VL^!!?6TCHSDT7G,'1M,B%?N-XFJIPZ*6NUR2E!%634*JD8RS`^ MSC+1F!0[%G!B.>!1$XD89(7SS&@DPM?Z9\>)GQ%Y.^3FS%C=$L\PAO?0<$(!RP[312'ZJ3V8NKK%E^= M^AG4_BG%R753.?Q#]'D1/5<#;1V.#OV$UH?%9ZV6X`.L1?^E"(/D66S;C25( M@M$VZHQ<9PK@1>9_F=Y\"6AZ5%WO']N>QD&2?9/0+AL%*O5?XNS":4_TJNU7 MGK:WZA#5SEZ@?0HSXUTY0`VX)QB4^S0.)YZD`.T`X&;3#)?G]-4Y?/"D<%U/ M,-M(@=S] MUW$\^S.];1,4%::=(;&6'/;DT[[H_:G7T?9&J,+/.%ZG8`9K%5&*CA'+,SZB MZJ7\"#(^F;*"U]L;Z[2IE5?PHG[8SIKJ;=Y*UG,Z^HT\_*7.#UJNTE*65'2M:\F-I6(HQ)-X9>IG:T]EP;BW'DX_`&BS'GVKS-YKC=]2^ M]2#'9;;;$0$<($B3D<1_Y[B3!"G6Q_HI%Z#9Z[%AQ4J.D(K:QK"O,>3*@NJ. M_(LNI7R0:8(XXS4[H<]E=3#$VZE:Y3V2O>Y:6+NDWC4A[&XE&4SV/9+&IH6! M%TY2W$OZ$L!R+EGZ$D!3,\FJ6P)[FQ*FVGC[V7;&.3`WP\TS,]CFUX8H4CKC M;$R'F:[1U$T^%[7_IJC2M6J40HSE2L90T15I/+$+,=D%>6:9/!?&@MAF`\`0-K\1/+#LE^T'20GZS+X43^ MX2WM'7NP3R:V<297ZU?;#'IE)A7U(+"6X'SX<3R94/-N.@*SX7P\O?C?[-A3 M\PY;FP%OU*U#RV[6:X^=Z4$O/08<^\2BNXUQ+KAP0]O#X28XP#ZW,-4GL>B@ZXQP(&"86$QC$D\A MR%S&SHI,Z^2H`<;]E"_]R`1=QQESL!&G4I&G-ZM(Z3V*X$(LGC$41%HGAAQ7 M]50@E@(H%GNFH2"72(?'X\)M;:\^!U3VRN?NM=ZC`D""C*C1(5*_B%PZ<83" M)4Z6Y30O<.(J)-JS5M;2Y]:I7(6M8V>MBAD44<99V3RABBRD*57=YM5]-BK! MB-@>T]7Y)G1]%(9+]!B=>]6=XSIA?<2I`[SEBTC2$)K4P*NPPUI>SX=T27-^ MO1A/AHN]SR`$E/B(J1<'[8;`E])!(*B-"E*@&0VX4F900`:MDL!T2G&/==VD7`@::JL=3';J$*%M:R29NNLVPEN M924[_C@9C\8#:[($UF`PO9XP5\[9]'(\,.9D-+/3M@OL.D;*55I)HB@!S\VD MR)$WAG,*(#F;\-.K(5A:O^Y/*\%DQZ(]XN]%Q9E#I3.>3%K;M%]WN>:(?>1P!@,"*H!^2(\NL2^WCQ64M+%$N0(966HU MS.",*LSJ=RHNK>7P`LRL^?(WL)Q;DP5UYYE.GFMHH0X>;IQ]F!YQL.S&M\BW MY4.,BI;6<&2U*A1"C.4J9M!(&6=E"W=Z=35>7L7'3/3L:;TG236PBV='`N'6R:6*L#*S79\OR(Q&:`7H!W5: M[-)F+A.!$& MQ.)L;\1XEN\XF]-7RE`E;PH+F:K_@/BS[]O\7WQ'QASJM%%KP9GO"ZK_,DZ_ MM@4"MDC`3?RIF62$B1\`O#'3#_LV*:K]_M<9AF-/'.\'F^DM2NX[] MR)5S#.*2P#:>/BWL):>?\Y!`$F[VV;; MNX?PD>5L`EP@W>U3CV(+HE,C4,!>$T8\G]=/:B8.IRSQ"IQ]/;D>5QJC9[9XX(D#40SZC^.,) M92>__N>?_W#@SX=_52I.AV#?NW!:S*UTZ83]XO30#%\X5YABC@+&?W$^(3^4 MG[`.\3%WFFPV]W&`X8OXP1?.^>F9ZU0J!L-^PM1C_';870U['P3SBVKU\?'Q ME+('],CX5W'J,K/A1BSD+EZ-)9A+D$]Q($%,W?$"`@E"L'E![JBW^Q.P??$*_7LB_[I#`#J!!Q<63(!]/$FH] MGI\R/JV>U6KUZI\WUR/W'L]0A5")BHM/EEQRE#2^^OOW[ZO1MTO2+78JS&AF^)1GT"4D$N1"1>-?,14'D5-K'.$H*^:_*DJPB/ZK4SRKG]=,G MX9TLC1]9D#,?#_'$D3_!.59/G1`N@B2J3R[CFP8D M>);8\5DD.J@3C7W/\>3CR410MR+=H'8>"_"#"6_P/(>0$41Z_(E3/8C,E\B7 MUA[=8QP(G9"IQ(5+-4`<#'./`^(B/Y>(J9Q%R"L#$TOX1'_2G\NI"F#3FC.; MJQ`Y[\$B]\SW8*YL?PO!S;0R*CF*MF,3B?N.SQYSF7&+J0@I>S`+<]R?7(:" M4"RT`JKHBY#MBL%JVV00`EP[YZ31%H(JF5(R@1B$ZQQQ1@5RC65#'5X2L MD#7.2!#-&;#@0@A(IX)<56M1+6,AN(=W`G\+X:'M!_ED+>P*^BS9YAP+H(V6 MH&OX8(T%/P60*6-O.9"4ZJ!9$7PL1X1,%C)A9\F1_!6V#$[,[B3Y%SHLM?"9 MNR:X+Q-'QG4&ZXQZS2]9@.^]'P7R2O&6MU%V$71HY268'= MTRE[J'J85*,]!/P2*5*IU1>)[`_PT9=8AB&>$OEH&LC-@T+R=-)-29/.T>"N MPSC,*`#79215=Q[XJ^\:<+9+*\M%W9C.DV2]@49OCL( M3="$([\+T?/T.W[.1&&+UA"&NH4X*/0N`XBE(F,85A._,8FAV<^L,GN:EF5: M>X`Y8:"")TL>&K-OT!K:_]Q*^Z?J7080#9#&DQ)U?#15`+!!8VCX-U89/E7/ M,@S>#+G4L4.$B_S/&/%LYU>3&\+PUBH8=-J7MP3_@7W_=\H>Z0@CP2CVND*$ MF&0VQ^L@H;(SN4!]`GYL.N'O'GJ*(O,H'9HC4$Y&<+`5'H76*R&L?P M$,\9E_O:N-V0G;,J6`QA>62&Q0&F+QWD(L4G4N M#X)!>.<3M^,SI*H$I-`9[^(LM'^*PB5.3VPV8W04,/=K5-@4_3"(>LD0I-F3 M5":C*3Y6;K,-3%+F+C!.!^,]40<^4RTF&?2F\-BY'5<:H'Q49))NCDF"VA01 M.S?H"N53\/A0W5+O&C[X3F7S]%[[JDY^YE2<5>,3?E^0.S&]\^];BD*/!-C[ M<:<:>=*])DC<14B%HC)%:![[&/8#L?QDT]D6'W]9"=B?=`@%^4#9`1/$H*1N MQKIWZ.RN6T,(,/0B6=0HHZ`ML\R>!YJU6:MYD$5\G5^X-$50H$H,0$ MPY?>=:R[4M1(SH`%R(\H+0`O$[62B_W[P?5:<+HFZ([XH#269QJBS<3:@2_- MXF;.7FI_85>L\UK'CHDS(;59BI+%4&I#X@"X69VM+`ZUB0%Z1G<^!A^#3W@( M4\B+`JHYU(BUU);%SC-L#JO8@:,>KEU0*:9O<8"8>BV+7^[E[@`+7#%=CUU! M+7Y)4QRX:Z(Y`1^(GM]C`8XKF%%7TH.`UU=W\PQ0:A-D]QU;7@O9,1E*UMY.Q!JX0?LL[E4#_2UPD>UUP7A%++MK<[BE\+6D M.;I=[(Y[^[*;045MZ@N!W:)^4OJ+D:OFTKFFN;3&_G>#:8=\=]&XC_(YL&9V M2T+'=HQ])%-C?(>]1_S@1AC<,T[^]Q)>&3ALLQQI1TAOA>\&P(X;OP-L^NQ* M0O)9QKIS"YJ7VE=KS)N-->:%SV$3YX73DJ,,\2N^*R$UBXN2NL04<`B[#1HJ MJY,O7Y>YG&C,G(R337WLV#4M')=.VT]S3`7,J-F>DD%?ZI*2`PBMRG8@$]\A MY,M6@C"&U`A\M5ZEK3`Z4#-6W`ZL!9Q,L1%1%ZV#EG+5-5NIQ M@AQHJ!2TP_RQ(M=,B`XH&-]R$$*`OZS*EWC".$[<>W%#*.2-\C1F@,'F\GCF M^BCQQOH&0WX)WSP`2;389RZ@WTF"4L\EY'":$F`Y]KK7RA2+:>X29L$)R4[; M4JA+/0&1VT.4ZMHQN_1P\.*#"B0V:$H]PY##_JFJ'7L,M1&G,,N(`>;1?E23 MT:K)2SWSD`-%G<)VA-&FE)=($!?F]Q;QPT!9Q=)RE7J&80^0%.H75+[:>-H? MF$SOX6?C`5;B*4X6-!,UFU;(UVX]VH!FSS%+/>&0`[B#F,Z^LI?ZGL15R>OM M9LDKP>,LF*SHI>QP*,J(M]1N]D+"L3Q/J%-C0:0+J2U?++2*;'!0BZEU21Z6 ML0$'"#_7H\J\U$CM.M&SE[FO)5HI..Y=` MY]'-*?!@'NQ3"%4=0DH4&V*!QZS#0@HV[#`>O2\?U$[EK=3+*M/R>%K\:9^. M\#R(7*I^#L/7LU.#0S['CO>F,QVA,.L65-.+6F*,+R[K`86[U`4!P*!;DHS9 MZH/S6@;P^PUIQ_O2F1@?PF:%E6CC`\]&0*F([7CU.1.";#V+.KZ9$MMQ^YAQ MD8SN^EM5<-^`4/?U-W+L'-/F/@^QXTWHW'/F_G8MR`EZ.%B+_[:LGD>//Z]G MP*IGL^/EZ$R@3'6WHU>8,\_\8HY!P>\R&V>:7](LODNN"4!:]=Y.]O]NM>HM M_91YG%HR.A&G)<>I$VV-E5+F/:84EG+/LTB!!IP]$$#Y\OE68*]+5\=B&VY` M'N)WS;(UW&4@2][]48*X,6?N:"@[9M'B#BX5_EJ0*3Z9IY?*/<.? M":]95-ST;V08#V!'D<40M/R6L171/6Y"VG4P.ZHH.R-]?+Z^1MM1/ M#KXX[IWH6G*N5*'QXF7)_?.FS('L*.SLYQL&EK(CZD%P%V,O>N%`;M=DO0I4 M?^DT*X`UX+.CIF.(H[$=[(#-W.WV#DQ;:CX'#\C7,EFG7QX=U[XV$Q-5.3?7 M$';4GPS]81?KO$Z/*..:]<(O[=O#!_37JY?2$#\2%\A1B"[^%L##>4&!Q>HR M:KGA?.Y'-D+^TD;F_W>V,;OH2=?>/$%I4U5^P95JE2E2S(P1.ONJM+@R\4IJ:THR24HIQU[[WU M4!!RV,1>AH)0+%(ZDS\[%:=%A.LS`93PCUYC?#ML._V.-!3T]L6&X,.%SZZF)(!GV934!S>Z]MH'7*6^?H M5TQV5!AU,:?;3OYNT\FO^MW>E=/L]YKM8>\OZ=])@^E\6T%[?'Z=J;1U/CTB M4THFQ$4T6+220/H!\XF;K%RMG/S]II./NE>];J?;;/3&3J/9[-_VQM+K!_WK M;K/;?N73^H$V3UD0Z,+&E/GXXBB?6:P+K+3,;1E&]=IF&'5[S?Y-VQDW_OP[ M9G)=ZO1B15VD9+,<7WR8F,"ZJ$C<=Z&X(J->WUIB?FL,V[_UKUOMH=/^[VUW M_/EU1XA"T"W3:9>&#(;C]^M8Y^Q!'_]/'`'&0EB,J0+74FY#K9YL^/VQ? M-\;MEC-H#,>?G?&PT1LUFN-NO_?*5P>%H"I+ZD+`@._X(L'8&-8%A#SF0.+; M)66#)+J]"?PMA,';#SAY\>HJ&-YLI42WER-(A2`8G/8G&1*O.P0. MU:1+"#T1 M(2EG5RVSTVTAP@(>4C:[:CU,VM;$=MT6^O67?_P=P=_E/]MM-*0D"OMHP(.V MRZ;\9^3A!>FC&\*(P(J+G]$G',5:PHHD+Z`;;K/3%K5@(T3ZP@L%CI,4?55[R*Q2.9K(1I> MM1HU-`+`DV`(R90RF@"%C08;%>6FQ4O,0I3Z005'ET;51<%Q+$DX8K\DUTM! M)+A)C&Y!D!EF*C5&`8Z".#K,9@-EITDFR'D_PDIJ[/ M@&!]XI&,[,P.I8;H7P\,QR%5)/SAQ'.9YWLL(,HY412P[R"]/%Z_`KT75J#D MY[0*Q%B3)4?3T5*7+#!WEO8U8_7L?ZBPOW&`^!1M7)QV0GD-YI"5$?&Y-=>T")BU.R MEU;`@P<"04;3ZUA21F1&_I:TGOC?('GFV,_9.S!H3.F/P6!%@*,6# M@,=00[/9/8]H0$E^E#2JU'-_4>5^XMYX[M"U+<]'EFV/'CQ?+\;]Z-:U7>>4 MY\1P&5P2'Z]R[HN"6J;-;I5IU[-'=P[RK3].M)9+DIJ*Y*6"Q#2WDODW:^S\ M-KH=.&/D_/[@^G^>B#;&!!"2$)Y+U%=?8"9Q4*C`:T?K:3^KTCYV;BW?&:![ M:^S_B?RQY4TLVW='WBG/B6'SQ8*JI&JS6`AW1WU2$Q9D^5X_7+\`O>H"P,%R MY_IWCN=/D.4-]*U4G^*.9Y\V`)PT\:,D7V((SGG2/&<'355:S_>'K7/FX7H" MYPOPC9Q/FO7_'Y;U/_IU]9A,4?*:NZ]?H5ZU)-4]A58FFPLRO6I-)0O:^5O, MOR"TSFH1Y2K:=<-K[F1EJFQD$^XCZ94K3T4D.=*A M0I$U'Y/"1;LJLM!:0`3463!IK#5O!(^7N2(%E:80 M;;RD"D<3Q8//'E3*4KI0Q"2&44:ST6:._G,@#/'$SY$C2;%9L9IS0?^C.^/;4>S0 M>5>K<5BFO>\LN\:2!@!K0*,8GO/_3>AL#O];3T3@&2GF4P'X8+VSTW"_UM\C,-_IX>Q+R MCP-VAU<[^O;`=^6DRYZ(5%S(8E::YW5)>0>/+'/S@Z[0FC+]F[R^/5$>4:4L M=6#;A@G(GED,?0^]MP]&\W^/:0@HJ_7?[J&W+N]*;944:%GT]ISJ&E+"@4X9 M['6J;_=Y_[U*\3Z:[Z[`KG;$?;)2UQ%4-.NH&A0.!I]^#]I7N8\C!%#L-V^! MKQM\#\"WFEQ;Z!LUWD,(=7VCK4CV47P/`=4V8K8BVDOS?QO2I9&^;X#+_P)0 M2P$"'@,4````"`#O<:]`TEG5RRX=``!HP```$0`8```````!````I($````` M9G-N8RTR,#$R,#,S,2YX;6Q55`4``T*=LD]U>`L``00E#@``!#D!``!02P$" M'@,4````"`#O<:]`\>S8B;,$``"W&0``%0`8```````!````I(%Y'0``9G-N M8RTR,#$R,#,S,5]C86PN>&UL550%``-"G;)/=7@+``$$)0X```0Y`0``4$L! M`AX#%`````@`[W&O0`_=PLC#!@``SC$``!4`&````````0```*2!>R(``&9S M;F,M,C`Q,C`S,S%?9&5F+GAM;%54!0`#0IVR3W5X"P`!!"4.```$.0$``%!+ M`0(>`Q0````(`.]QKT!"ZM)_8A(``.S;```5`!@```````$```"D@8TI``!F M`L``00E#@``!#D!``!0 M2P$"'@,4````"`#O<:]`,0E3?#4-``#ZI0``%0`8```````!````I($^/``` M9G-N8RTR,#$R,#,S,5]P&UL550%``-"G;)/=7@+``$$)0X```0Y`0`` M4$L!`AX#%`````@`[W&O0`K;!(8H!P``8S```!$`&````````0```*2!PDD` M`&9S;F,M,C`Q,C`S,S$N>'-D550%``-"G;)/=7@+``$$)0X```0Y`0``4$L% 3!@`````&``8`&@(``#51```````` ` end XML 18 Show.js IDEA: XBRL DOCUMENT /** * Rivet Software Inc. * * @copyright Copyright (c) 2006-2011 Rivet Software, Inc. All rights reserved. * Version 2.1.0.1 * */ var moreDialog = null; var Show = { Default:'raw', more:function( obj ){ var bClosed = false; if( moreDialog != null ) { try { bClosed = moreDialog.closed; } catch(e) { //Per article at http://support.microsoft.com/kb/244375 there is a problem with the WebBrowser control // that somtimes causes it to throw when checking the closed property on a child window that has been //closed. So if the exception occurs we assume the window is closed and move on from there. bClosed = true; } if( !bClosed ){ moreDialog.close(); } } obj = obj.parentNode.getElementsByTagName( 'pre' )[0]; var hasHtmlTag = false; var objHtml = ''; var raw = ''; //Check for raw HTML var nodes = obj.getElementsByTagName( '*' ); if( nodes.length ){ objHtml = obj.innerHTML; }else{ if( obj.innerText ){ raw = obj.innerText; }else{ raw = obj.textContent; } var matches = raw.match( /<\/?[a-zA-Z]{1}\w*[^>]*>/g ); if( matches && matches.length ){ objHtml = raw; //If there is an html node it will be 1st or 2nd, // but we can check a little further. var n = Math.min( 5, matches.length ); for( var i = 0; i < n; i++ ){ var el = matches[ i ].toString().toLowerCase(); if( el.indexOf( '= 0 ){ hasHtmlTag = true; break; } } } } if( objHtml.length ){ var html = ''; if( hasHtmlTag ){ html = objHtml; }else{ html = ''+ "\n"+''+ "\n"+' Report Preview Details'+ "\n"+' '+ "\n"+''+ "\n"+''+ objHtml + "\n"+''+ "\n"+''; } moreDialog = window.open("","More","width=700,height=650,status=0,resizable=yes,menubar=no,toolbar=no,scrollbars=yes"); moreDialog.document.write( html ); moreDialog.document.close(); if( !hasHtmlTag ){ moreDialog.document.body.style.margin = '0.5em'; } } else { //default view logic var lines = raw.split( "\n" ); var longest = 0; if( lines.length > 0 ){ for( var p = 0; p < lines.length; p++ ){ longest = Math.max( longest, lines[p].length ); } } //Decide on the default view this.Default = longest < 120 ? 'raw' : 'formatted'; //Build formatted view var text = raw.split( "\n\n" ) >= raw.split( "\r\n\r\n" ) ? raw.split( "\n\n" ) : raw.split( "\r\n\r\n" ) ; var formatted = ''; if( text.length > 0 ){ if( text.length == 1 ){ text = raw.split( "\n" ) >= raw.split( "\r\n" ) ? raw.split( "\n" ) : raw.split( "\r\n" ) ; formatted = "

"+ text.join( "

\n" ) +"

"; }else{ for( var p = 0; p < text.length; p++ ){ formatted += "

" + text[p] + "

\n"; } } }else{ formatted = '

' + raw + '

'; } html = ''+ "\n"+''+ "\n"+' Report Preview Details'+ "\n"+' '+ "\n"+''+ "\n"+''+ "\n"+' '+ "\n"+' '+ "\n"+' '+ "\n"+' '+ "\n"+' '+ "\n"+' '+ "\n"+' '+ "\n"+' '+ "\n"+' '+ "\n"+' '+ "\n"+'
'+ "\n"+' formatted: '+ ( this.Default == 'raw' ? 'as Filed' : 'with Text Wrapped' ) +''+ "\n"+'
'+ "\n"+' '+ "\n"+'
'+ "\n"+' '+ "\n"+'
'+ "\n"+''+ "\n"+''; moreDialog = window.open("","More","width=700,height=650,status=0,resizable=yes,menubar=no,toolbar=no,scrollbars=yes"); moreDialog.document.write(html); moreDialog.document.close(); this.toggle( moreDialog ); } moreDialog.document.title = 'Report Preview Details'; }, toggle:function( win, domLink ){ var domId = this.Default; var doc = win.document; var domEl = doc.getElementById( domId ); domEl.style.display = 'block'; this.Default = domId == 'raw' ? 'formatted' : 'raw'; if( domLink ){ domLink.innerHTML = this.Default == 'raw' ? 'with Text Wrapped' : 'as Filed'; } var domElOpposite = doc.getElementById( this.Default ); domElOpposite.style.display = 'none'; }, LastAR : null, showAR : function ( link, id, win ){ if( Show.LastAR ){ Show.hideAR(); } var ref = link; do { ref = ref.nextSibling; } while (ref && ref.nodeName != 'TABLE'); if (!ref || ref.nodeName != 'TABLE') { var tmp = win ? win.document.getElementById(id) : document.getElementById(id); if( tmp ){ ref = tmp.cloneNode(true); ref.id = ''; link.parentNode.appendChild(ref); } } if( ref ){ ref.style.display = 'block'; Show.LastAR = ref; } }, toggleNext : function( link ){ var ref = link; do{ ref = ref.nextSibling; }while( ref.nodeName != 'DIV' ); if( ref.style && ref.style.display && ref.style.display == 'none' ){ ref.style.display = 'block'; if( link.textContent ){ link.textContent = link.textContent.replace( '+', '-' ); }else{ link.innerText = link.innerText.replace( '+', '-' ); } }else{ ref.style.display = 'none'; if( link.textContent ){ link.textContent = link.textContent.replace( '-', '+' ); }else{ link.innerText = link.innerText.replace( '-', '+' ); } } }, hideAR : function(){ Show.LastAR.style.display = 'none'; } }
XML 19 R7.htm IDEA: XBRL DOCUMENT v2.4.0.6
NATURE OF BUSINESS
6 Months Ended
Mar. 31, 2012
Notes to Financial Statements  
NATURE OF BUSINESS

NOTE 1. NATURE OF BUSINESS

 

The Company was incorporated in the State of Florida on September 13, 2011.  It is a development stage company in accordance with FASB ASC 915 Financial Reporting for Development Stage Entities.   The Company intends to develop an on-line social network community of new parents and caregivers that create a way for families with children ages 0-5 to find an ideal playtime in their area. We believe that playtime groups provide social benefits that include invaluable interaction between children that aid in the development of early social skills, language comprehension and school readiness. We anticipate that parents may find a built-in support system where sharing thoughts and concerns with other parents alleviating stress and isolation. We anticipate that our intended members will be loyal, come back weekly to monitor their playtime activity, refer others and provide feedback and testimonials about how the on-line social network community helps to influence these young families lives. The Company was incorporated on September 13, 2011 (Date of Inception) with its corporate headquarters located in Sarasota, FL and its year-end is September 30, 2011.

XML 20 R3.htm IDEA: XBRL DOCUMENT v2.4.0.6
Balance Sheets (Parenthetical) (USD $)
Mar. 31, 2012
Sep. 30, 2011
Statement of Financial Position [Abstract]    
Capital Stock common shares par value $ 0.0001 $ 0.0001
Capital Stock shares authorized $ 250,000,000 $ 250,000,000
Capital Stock shares issued and outstanding $ 11,500,000 $ 9,000,000
XML 21 R1.htm IDEA: XBRL DOCUMENT v2.4.0.6
Document and Entity Information
6 Months Ended
Mar. 31, 2012
Document And Entity Information  
Entity Registrant Name FIRST SOCIAL NETWORX CORP.
Entity Central Index Key 0001532158
Document Type 10-Q
Document Period End Date Mar. 31, 2012
Amendment Flag false
Current Fiscal Year End Date --09-30
Is Entity a Well-known Seasoned Issuer? No
Is Entity a Voluntary Filer? No
Is Entity's Reporting Status Current? Yes
Entity Filer Category Smaller Reporting Company
Entity Common Stock, Shares Outstanding 11,500,000
Document Fiscal Period Focus Q2
Document Fiscal Year Focus 2012
XML 22 R4.htm IDEA: XBRL DOCUMENT v2.4.0.6
Statements of Operations (Unaudited) (USD $)
3 Months Ended 6 Months Ended
Mar. 31, 2012
Mar. 31, 2012
Mar. 31, 2012
Income Statement [Abstract]      
REVENUES         
General & Administrative 7,651 7,659 7,759
Professional Fees 2,785 3,885 5,885
Loss Before Income Taxes (10,436) (11,544) (13,644)
Provision for Income Taxes         
Net Loss $ (10,436) $ (11,544) $ (13,644)
Basic and diluted loss per common share $ 0.00 $ 0.00 $ 0.00
Basic and diluted weighted average common shares outstanding 9,662,962 9,281,040 9,211,443
XML 23 R12.htm IDEA: XBRL DOCUMENT v2.4.0.6
RELATED PARTY TRANSACTIONS
6 Months Ended
Mar. 31, 2012
Notes to Financial Statements  
RELATED PARTY TRANSACTIONS

NOTE 6. RELATED PARTY TRANSACTIONS

 

On September 13, 2011, the Company sold 9,000,000 shares of common stock to its founder for $0.001 per share.

 

The officer and director of the Company is or may be involved in other business activities and may, in the future, become involved in other business opportunities that become available. She may face a conflict in selecting between the Company and other business interests. The Company has not formulated a policy for the resolution of such conflicts.

 

The Company does not own or lease property or lease office space. The office space used by the Company was arranged by the founder of the Company to use at no charge.

 

The above is not necessarily indicative of the amounts that would have been incurred had a comparable transaction been entered into with independent parties.

XML 24 R11.htm IDEA: XBRL DOCUMENT v2.4.0.6
SHAREHOLDER EQUITY
6 Months Ended
Mar. 31, 2012
Notes to Financial Statements  
SHAREHOLDER EQUITY

NOTE 5. SHAREHOLDER’S EQUITY

 

COMMON STOCK

 

The authorized common stock of the Company consists of 250,000,000 shares with a par value of $0.0001.  The Company issued 9,000,000 shares of our $.0001 par value common stock to Marilyn Stark , our CEO and sole Director, on  September 13, 2011 for cash in the amount of $9,000 (per share price of $.001).

 

The Company sold 2,500,000 shares of our $.0001 par value common stock to a group of Investors on  March 14, 2012 for cash in the amount of $37,500 (per share price of $.015).

 

There are no warrants or options outstanding to acquire any additional shares of common stock of the Company.

XML 25 R13.htm IDEA: XBRL DOCUMENT v2.4.0.6
COMMITMENTS AND CONTINGENCY
6 Months Ended
Mar. 31, 2012
Notes to Financial Statements  
COMMITMENTS AND CONTINGENCY

NOTE 7. COMMITMENTS AND CONTINGENCY

 

From time to time the Company may be a party to litigation matters involving claims against the Company.  Management believes that there are no current matters that would have a material effect on the Company’s financial position or results of operations.

XML 26 R14.htm IDEA: XBRL DOCUMENT v2.4.0.6
SUBSEQUENT EVENTS
6 Months Ended
Mar. 31, 2012
Notes to Financial Statements  
SUBSEQUENT EVENTS

NOTE 8. SUBSEQUENT EVENTS

 

Management has evaluated events subsequent through May 4, 2012, which is the date these financial statements were available to be issued, to determine whether they should be disclosed to keep the financial statements from being misleading. Management found no such subsequent events to disclose.

XML 27 R5.htm IDEA: XBRL DOCUMENT v2.4.0.6
Shareholders Equity (USD $)
Common Stock Shares
Common Stock Amount
Additional Paid-in Capital
Deficit Accumulated During the Development Stage
Total
Inception - September 13, 2011 at Sep. 12, 2011               
Common shares issued to Founder for cash at $0.0001 per share (par value $0.0001) on September 13, 2011 $ 9,000,000 $ 900 $ 8,100    $ 9,000
Loss for the period from inception on September 13, 2011 to September 30, 2011          (2,100) (2,100)
Balance - September 30, 2011 9,000,000 900 8,100 (2,100) 6,900
Common shares issued to Investors for cash at $0.015 per share (par value $0.0001) on March 14, 2012 2,500,000 250 37,250    37,500
Net Loss for the period ended March 31, 2012          $ (11,544) $ (11,544)
Balance - March 31, 2012 at Mar. 31, 2012 11,500,000 1,150 45,350 (13,644) 32,856
XML 28 R10.htm IDEA: XBRL DOCUMENT v2.4.0.6
INCOME TAXES
6 Months Ended
Mar. 31, 2012
Notes to Financial Statements  
INCOME TAXES

NOTE 4. INCOME TAXES

 

The Company has not recognized an income tax benefit for its operating losses generated based on uncertainties concerning its ability to generate taxable income in future periods.  The tax benefit for the periods presented is offset by a valuation allowance established against deferred tax assets arising from the net operating losses and other temporary differences, the realization of which could not be considered more likely than not.  In future periods, tax benefits and related deferred tax assets will be recognized when management considers realization of such amounts to be more likely than not.  For the period September 13, 2011 (date of inception) through March 31, 2012, the Company incurred losses, resulting from operating activities, which result in deferred tax assets at the effective statutory rates.  The deferred tax asset has been off-set by an equal valuation allowance.

XML 29 FilingSummary.xml IDEA: XBRL DOCUMENT 2.4.0.6 Html 18 55 1 false 4 0 false 3 false false R1.htm 0001 - Document - Document and Entity Information Sheet http://firstsocialnetworxcorp.com/role/DocumentAndEntityInformation Document and Entity Information true false R2.htm 0002 - Statement - Balance Sheets (Unaudited) Sheet http://firstsocialnetworxcorp.com/role/BalanceSheets Balance Sheets (Unaudited) false false R3.htm 0003 - Statement - Balance Sheets (Parenthetical) Sheet http://firstsocialnetworxcorp.com/role/BalanceSheetsParenthetical Balance Sheets (Parenthetical) false false R4.htm 0004 - Statement - Statements of Operations (Unaudited) Sheet http://firstsocialnetworxcorp.com/role/StatementsOfOperations Statements of Operations (Unaudited) false false R5.htm 0005 - Statement - Shareholders Equity Sheet http://firstsocialnetworxcorp.com/role/ShareholdersEquity Shareholders Equity false false R6.htm 0006 - Statement - Statements of Cash Flows (Unaudited) Sheet http://firstsocialnetworxcorp.com/role/StatementsOfCashFlows Statements of Cash Flows (Unaudited) false false R7.htm 0007 - Disclosure - NATURE OF BUSINESS Sheet http://firstsocialnetworxcorp.com/role/NatureOfBusiness NATURE OF BUSINESS false false R8.htm 0008 - Disclosure - GOING CONCERN Sheet http://firstsocialnetworxcorp.com/role/GoingConcern GOING CONCERN false false R9.htm 0009 - Disclosure - SIGNIFICANT ACCOUNTING POLICIES Sheet http://firstsocialnetworxcorp.com/role/SignificantAccountingPolicies SIGNIFICANT ACCOUNTING POLICIES false false R10.htm 0010 - Disclosure - INCOME TAXES Sheet http://firstsocialnetworxcorp.com/role/IncomeTaxes INCOME TAXES false false R11.htm 0011 - Disclosure - SHAREHOLDER EQUITY Sheet http://firstsocialnetworxcorp.com/role/ShareholderEquity SHAREHOLDER EQUITY false false R12.htm 0012 - Disclosure - RELATED PARTY TRANSACTIONS Sheet http://firstsocialnetworxcorp.com/role/RelatedPartyTransactions RELATED PARTY TRANSACTIONS false false R13.htm 0013 - Disclosure - COMMITMENTS AND CONTINGENCY Sheet http://firstsocialnetworxcorp.com/role/CommitmentsAndContingency COMMITMENTS AND CONTINGENCY false false R14.htm 0014 - Disclosure - SUBSEQUENT EVENTS Sheet http://firstsocialnetworxcorp.com/role/SubsequentEvents SUBSEQUENT EVENTS false false All Reports Book All Reports Process Flow-Through: 0002 - Statement - Balance Sheets (Unaudited) Process Flow-Through: Removing column 'Sep. 12, 2011' Process Flow-Through: 0003 - Statement - Balance Sheets (Parenthetical) Process Flow-Through: 0004 - Statement - Statements of Operations (Unaudited) Process Flow-Through: 0006 - Statement - Statements of Cash Flows (Unaudited) Process Flow-Through: Removing column '3 Months Ended Mar. 31, 2012' fsnc-20120331.xml fsnc-20120331.xsd fsnc-20120331_cal.xml fsnc-20120331_def.xml fsnc-20120331_lab.xml fsnc-20120331_pre.xml true true