SUBSEQUENT EVENTS	3 Months Ended
Mar. 31, 2012
Notes to Financial Statements
SUBSEQUENT EVENTS	I. SUBSEQUENT EVENTS Subsequent to the quarter ended March 31, 2012, the Company borrowed a total of $4,500 from its current CEO and a board member, Van Tran, at 8% annual interest due on demand. The note is convertible into the Company’s common stock at the rate of one share for every $0.08 of indebtedness. On May 18, 2012, the Company entered into an Amended and Restated Unsecured Promissory Note with Larry Konfirst (“Amended Note”). The Amended Note, amends, restates and supersedes in its entirety that certain promissory note dated January 16, 2012 issued by the Company in favor of Mr. Konfirst (“Original Note”). Under the Amended Note, the Company is obligated to repay $500,000 to Mr. Konfirst plus simple interest at the rate of 5% per annum, accruing from the date of the Original Note, on or before January 16, 2013. The loan amount may only be used for the purpose of funding a certificate of deposit for the purpose of providing security for the Company’s prepaid debit card distribution at First California Bank (or its assigns). The Amended Note is subject to the Letter Agreement by and among the Company, Larry Konfirst and two shareholders of the Company dated May 18, 2012. Pursuant to the Letter Agreement, the shareholders have confirmed their agreement to give Mr. Konfirst an option to purchase up to 1,600,000 shares of unrestricted shares of common stock of the Company at $0.40 per share, payable by cancelling monies owned by the Company under the Amended Note. In the event Mr. Konfirst exercises this option, the Company has agreed to issue a convertible note to the shareholders in an amount equal to the debt cancelled in favor of the Company. This note, if and when issued, will mature after a period of 180 days from the date of issuance, accrue simple interest at 4% per annum, and be convertible into shares of the Company’s restricted common stock at a rate of $0.08 per share at the option of these shareholders.

SUBSEQUENT EVENTS

3 Months Ended

Mar. 31, 2012

I. SUBSEQUENT EVENTS

Subsequent to the quarter ended March 31, 2012, the Company borrowed a total of $4,500 from its current CEO and a board member, Van Tran, at 8% annual interest due on demand. The note is convertible into the Company’s common stock at the rate of one share for every $0.08 of indebtedness.

On May 18, 2012, the Company entered into an Amended and Restated Unsecured Promissory Note with Larry Konfirst (“Amended Note”). The Amended Note, amends, restates and supersedes in its entirety that certain promissory note dated January 16, 2012 issued by the Company in favor of Mr. Konfirst (“Original Note”). Under the Amended Note, the Company is obligated to repay $500,000 to Mr. Konfirst plus simple interest at the rate of 5% per annum, accruing from the date of the Original Note, on or before January 16, 2013. The loan amount may only be used for the purpose of funding a certificate of deposit for the purpose of providing security for the Company’s prepaid debit card distribution at First California Bank (or its assigns). The Amended Note is subject to the Letter Agreement by and among the Company, Larry Konfirst and two shareholders of the Company dated May 18, 2012. Pursuant to the Letter Agreement, the shareholders have confirmed their agreement to give Mr. Konfirst an option to purchase up to 1,600,000 shares of unrestricted shares of common stock of the Company at $0.40 per share, payable by cancelling monies owned by the Company under the Amended Note. In the event Mr. Konfirst exercises this option, the Company has agreed to issue a convertible note to the shareholders in an amount equal to the debt cancelled in favor of the Company. This note, if and when issued, will mature after a period of 180 days from the date of issuance, accrue simple interest at 4% per annum, and be convertible into shares of the Company’s restricted common stock at a rate of $0.08 per share at the option of these shareholders.