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CONVERTIBLE NOTES PAYABLE RELATED PARTY
3 Months Ended
Jul. 31, 2012
Notes to Financial Statements  
Note 5. CONVERTIBLE NOTES PAYABLE RELATED PARTY

As of July 31, 2012, the Company has $7,089 in convertible notes outstanding to one related party. The convertible notes bear 0% interest and are convertible at $0.005 into the Company’s common stock.

 

The Company analyzed the conversion option for derivative accounting and beneficial conversion features consideration under ASC 815-15 “Derivatives and Hedging” and ASC 470-20 “Convertible Securities with Beneficial Conversion Features” and noted none