4. RELATED PARTY TRANSACTIONS

3 Months Ended

Mar. 31, 2013

Related Party Transactions [Abstract]

3. RELATED PARTY TRANSACTIONS

NOTE 4 - RELATED PARTY TRANSACTIONS

The balance due to related parties as of March 31, 2013 of $3,843,133 consisted of advances, payables and accrued wages to David Reichman, the Company’s Chief Executive Officer of $3,294,375 and accrued wages to Kathy Griffin, the Company’s President of $548,758. As of December 31, 2012, the related party balance was $3,853,391, consisting of a balance due David Reichman of $3,304,634, and a balance due Kathy Griffin of $548,757. During the three month period ended March 31, 2013, Mr. Reichman advanced the company $705 and was repaid $15,145. The amounts due to the officers are due on demand, have no formal agreements, and accrue interest equal to that being charged individually on the debt. Interest accrued during the three months ended March 31, 2013 was $4,180, for credit cards used on the Company’s behalf.