6. Notes Payable, Related Party

6 Months Ended

Sep. 30, 2013

Debt Disclosure [Abstract]

Notes Payable, Related Party

Notes payable, related party, consists of the following at September 30, 2013 and March 31, 2013, respectively:

		September 30, 2013		March 31, 2013
On various dates, the Company received unsecured, loans bearing interest at 10%, due on demand from the Company’s CEO, Lawrence Pemble.  Also, Mr. Pemble paid certain expenses on behalf of the Company.	$	30,172	$	–
On various dates, the Company received unsecured, non-interest bearing loans, due on demand from the Company’s former CEO, Viatcheslav Gelshteyn. On May 31, 2013, commensurate with the change in control and sale of Mr. Gelshteyn’s holdings in the Company, the total unpaid loan balance of $8,363 was forgiven by the lender and contributed to capital.		–		8,124
Total short-term notes payable, related party	$	30,172	$	8,124

The Company recorded interest expense in the amount of $838 and $-0- for the for the nine months ended September 30, 2013 and 2012, respectively related to notes payable, related party. During the six months ended September 30, 2013, the Company repaid Mr. Pemble $4,040, including $448 of accrued interest.