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Management's Plan	3 Months Ended
Sep. 30, 2011
Notes to Financial Statements
Management's Plan	Management’s Plan Starting September 1, 2010 we became a “shell corporation” for SEC regulatory purposes. On August 8, 2011, we entered into an agreement and plan of merger, or the “merger agreement”, by and among the Company, Proteus Energy Corporation, a Delaware corporation, and PEC Merger Sub, Inc., a Delaware corporation and a wholly owned subsidiary of the Company, pursuant to which Merger Sub will merge with and into Proteus the “merger”, resulting in Proteus becoming a wholly-owned subsidiary of the Company and resulting in a change of control of the Company and our board of directors (see Note 9 Agreement and Plan of Merger). Cash flows generated from operations and cash received from the issuance of common stock were sufficient to meet our working capital requirements for the three months ended September 30, 2011, but will not likely be sufficient to meet our working capital requirements for the foreseeable future or provide for expansion opportunities. We incurred $48,211 in losses from operations and used $22,534 in cash for operations for the three months ended September 30, 2011. Net cash flows generated from our investing activities for the three months ended September 30, 2011 were $23,272, from the sale of Commission River. These conditions raise substantial doubt about our ability to continue as a going concern.

Management's Plan

3 Months Ended

Sep. 30, 2011

Management’s Plan

Starting September 1, 2010 we became a “shell corporation” for SEC regulatory purposes. On August 8, 2011, we entered into an agreement and plan of merger, or the “merger agreement”, by and among the Company, Proteus Energy Corporation, a Delaware corporation, and PEC Merger Sub, Inc., a Delaware corporation and a wholly owned subsidiary of the Company, pursuant to which Merger Sub will merge with and into Proteus the “merger”, resulting in Proteus becoming a wholly-owned subsidiary of the Company and resulting in a change of control of the Company and our board of directors (see Note 9 Agreement and Plan of Merger).

Cash flows generated from operations and cash received from the issuance of common stock were sufficient to meet our working capital requirements for the three months ended September 30, 2011, but will not likely be sufficient to meet our working capital requirements for the foreseeable future or provide for expansion opportunities. We incurred $48,211 in losses from operations and used $22,534 in cash for operations for the three months ended September 30, 2011. Net cash flows generated from our investing activities for the three months ended September 30, 2011 were $23,272, from the sale of Commission River. These conditions raise substantial doubt about our ability to continue as a going concern.