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4. Related Party Transactions
3 Months Ended
Mar. 31, 2013
Notes to Financial Statements  
4. Related Party Transactions

The Company utilizes space provided by the majority shareholder without charge. Rent was $0 for all periods presented.

 

The Company does not have an employment contract with its key employee, the sole shareholder who is the Chief Executive and Chief Technical Officer.

 

The amounts and terms of the above transactions may not necessarily be indicative of the amounts and terms that would have been incurred had comparable transactions been entered into with independent third parties.